From Juno news: Bush maintains that tax cuts will cure economic langour...

[thenelm]

This from Juno News when I first logged on 2 hours ago. Gone now. Presumably from the NYT?

Correct me if I'm wrong (and I probably won't word this correctly), but isn't there an old adage that says repeating a (in this case failed) strategy and expecting a different result is a sign of stupidity? Insanity?

These guys really are morons, aren't they? Or maybe more succinctly -- Republicans in action?

[PATRICK]

1. strategy fixed in concrete

What they have always planned is still in effect. Tax cuts eviscerating government while buying reelection invulnerability and corporate favors.

Nothing new there except the shock for people who were not paying attention. Hasn't failed until Bush loses. The national welfare is irrelevant. Too bad more "Americans" can't get the main picture.

[jono]

2. Link

Bush Firm on Tax Cuts as Remedy for Economic Languor
By DAVID STOUT
New York Times

WASHINGTON, Sept. 4 — Undaunted by predictions that federal deficits might balloon in the next decade, President Bush said today that permanent tax cuts were the best way to reinvigorate the economy and keep it going.

"People are more likely to find work if businesses and their workers can be certain that the lower tax rates of the last years will stay in place," Mr. Bush told an audience at the Greater Kansas City Chamber of Commerce. "Today, you don't have that confidence they'll stay in place. And there's a good reason: because under the laws that were passed, tax relief is set to expire."

The president has previously called for the "temporary" tax cuts to be made permanent. His reiteration of that stance today made it abundantly clear that he and his advisers were not discouraged by a recent report from the nonpartisan Congressional Budget Office that deficits over the next 10 years could soar to several trillion dollars, depending on what happened in Iraq and whether prescription-drug benefits under Medicare were enacted.

"What Congress needs to do is to get this message," Mr. Bush said. "When we threw out the old taxes, Americans didn't expect to see them sneaking in back, through the back door. For the sake of growth, for the sake of economic growth, for the sake of job creation, the United States Congress must make these tax cuts permanent."



http://www.nytimes.com/2003/09/04/business/04CND-BUSH.html?