Friday, September 16, 2005

One of Bush's Economic Gurus Speaks

From today's Washington Post:

Allan Hubbard, assistant to the president for economic policy, told reporters that Bush remains committed to slashing the deficit. "This in no way will adversely impact his commitment to cut the deficit in half by 2009," Hubbard said. He said the economy "is very, very strong now" and "the last thing in the world we need to do is raise taxes and retard economic growth."

What planet is Mr. Hubbard living on? We're going to spend maybe $200 billion on Katrina, run a war in Iraq, refuse to cut taxes and still cut the deficit in half in four years. Does that sound right to you? I know it doesn't sound right to the 40,000,000 of our neighbors living below the poverty line, nor to our workforce whose wages decreased in 2004, nor to those who have stopped looking for work, nor to anybody with an IQ above 50.

Where does Bush find these guys?

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