"Above all, however, he thinks that the Republican Party no longer has a credible economic policy. It continues to advocate tax cuts even though the recent Bush tax cuts led to only mediocre economic growth and huge deficits. (Numbers from the Congressional Budget Office show that Mr. Bush’s policies are responsible for far more of the projected deficits than Mr. Obama’s.)
"On the spending side, Republican leaders criticize Mr. Obama, yet offer no serious spending cuts of their own. Indeed, when the White House has proposed cuts—to parts of Medicare, to an outdated fighter jet program and to subsidies for banks and agribusiness—most Republicans have opposed them."
David Leonhardt in The New York Times interviews conservative apostate Bruce Bartlett.
Friday, October 09, 2009
The Revelator
Labels:
2000s,
economic history,
Obama,
political history,
politics
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment