acroyear: (duck dodgers plain)
[personal profile] acroyear
Brad DeLong's Semi-Daily Journal: Department of "Huh?":
In no meaningful sense has George W. Bush reduced the tax burden. In no meaningful sense has he kept any promise. George W. Bush has kept his promise to cut taxes in the same way that a spouse who decides to "save money" by making only the minimum required payment on the VISA bill has kept a promise to reduce household spending.
Grokked from Thoughts From Kansas: On Taxes.  DeLong's article then goes on to cite a number of economic conservative analysts and writers all showing that "The reality-based right-wing public-finance economists are saying something very different than 'President Bush kept his promise to cut taxes.'"

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