"If your economic advisers are telling you that these deficits can be defeated through further reductions in tax rates, then you need new advisers."
"Sensible and farsighted economic management requires true discipline, compassion, and courage – not just slogans. Given the tenuous state of the American economy, we believe that the time for an honest assessment of the problem and for genuine corrective action is now. Ignoring the fiscal crisis that has taken hold during your presidency may seem politically appealing in the short run, but we fear it could ultimately prove disastrous. From a policy standpoint, the clear message is that more of the same won’t work. The warning signs are already visible, and it is incumbent upon all of us to pay attention."
Wednesday, October 06, 2004
A group of prominent business and economics professors from around the country have penned a caustic letter to the President regarding the economy and his role in fucking it up: