VOODOO….NO, SOMETHING MUCH, MUCH WORSE THAN VOODOO ECONOMICS….David Firestone writes in the New York Times today about the collision of George Bush’s manic spending desires with his manic tax cutting desires:
The Bush administration says it can do all of the above, once the tax cuts inaugurate a burst of economic growth. Democrats and virtually every mainstream economist say that something will have to give, very possibly the government’s retirement promises to millions of aging baby boomers.
So if “virtually every mainstream economist” sides with the Democrats, who’s siding with the Republicans? Donald Luskin?
The mind boggles.