Saturday, January 10, 2004

Bush defends tax cuts, wants more of them
MSNBC has the story
Key quote
Bush gave credit to the three tax cuts he approved. “Tax relief has got this economy going again, and tax relief will keep it moving forward,” Bush said.

Another Key quote
Bush gave credit to the three tax cuts he approved. “Tax relief has got this economy going again, and tax relief will keep it moving forward,” Bush said.

Two things - Tax cuts are not the only thing that got the economy going. There is such a thing as low interest rates. That being said, I think cutting taxes is a good thing, because it might "starve the beast" and keep spending growth lower than it would otherwise be, which is the important thing for our long-term prosperity. The strange thing is that spending keeps growing under a faster rate under this supposedly small-government president than under Clinton.

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