Sunday, May 18, 2003

Economists - Deficit Hurts Economy More Than Tax Cuts Help, GOP Lies About Report


The NY Times -- "Eventually," the staff found, "the effects of increasing the deficit will outweigh the positive effects of the tax policy."

In other words, the economic return would be so small that even in the short term, the deficit would grow by at least three-quarters of the size of the tax cut and probably more.

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