What Bush administration is doing appears not to be working

Houston Chronicle Editorial

President Bush says his policy of large and repeated tax cuts targeted toward those who pay the most taxes will create jobs. So far there is little evidence his tactic is working.

Bush administration officials argue that the job losses would have been worse without the tax cuts, but it is difficult to imagine more catastrophic losses under a single president. Unless the United States adds about 4 million jobs to its economy in the next 16 months, Bush will rack up the worst employment score of any president since Herbert Hoover.

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