[Mb-civic] Bush's Fiscal Funhouse

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BUSH FISCAL FUNHOUSE

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Bush's Fiscal Funhouse 
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September 14 2004

No matter how big the federal deficit may appear to be, the economy can quickly grow its way out. That, anyway, is President Bush's claim. To his coterie of supply-side enthusiasts, tax cuts are the equivalent of a real perpetual motion machine. The faster you cut taxes, so the theory goes, the more revenue the federal Treasury should receive as the economy booms. 

The complete article can be viewed at:
http://www.latimes.com/news/opinion/editorials/la-ed-deficit14sep14,1,4399255.story 

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