[ale] OT: Nobel Laureate Economist Rates Installed Bush Regime Record "Worst in 20 Years"

aaron aaron at pd.org
Fri Oct 15 00:57:03 EDT 2004


Like Jim Phillips said... so I offer a Fair and Balanced response to
 John Wells Fraud and Bias Faux News slashback posting :-)
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http://www.aflcio.org/yourjobeconomy/todayseconomy/ns08132003.cfm

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With Bush and his economic advisors scheduled today to discuss the economy as 
they lunch at the president?s Crawford, Texas ranch, the nonprofit Economic 
Policy Institute (EPI) on Aug. 12 convened a group of top economists to 
discuss the Bush administration policies, which still are devastating working 
families nearly two years since the recession officially ended in November 
2001. The EPI speakers were among 450 economists who signed a statement in 
February, which said that the then-proposed Bush tax cuts for millionaires 
would not stimulate much needed job growth but would create an ill-advised 
new tax structure.

"The kind of tight-lipped optimism about jobs and the economy now voiced by 
Bush and his advisors is distorting what is happening now and even more so in 
the future," said Robert Solow, a 1987 Nobel Prize winner in economics and 
professor emeritus at the Massachusetts Institute of Technology. "The fiscal 
polices of this administration are systematically sacrificing the future of 
this nation."

Tax Cuts for Millionaires No Solution to Nation?s Economic Woes
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