President Bush Not Responsible for Economy (1/25/2002)
by Dean Hartwell
As I point out in Truth
Matters, the President has little to do with the economy. There are too
many factors over which the President has no control over to make a connection
between the two.
So, I hope the Democrats do not blame President Bush for the recession we are
currently in. Senate Majority Leader Daschle should back off from his earlier
comments that Bush's tax cuts caused the recession.
In fact, it is more likely to be true the other way around: during a recession,
most people have less with which to pay taxes, so lowering them (though not to
the extent that Bush wants, as I point out below) is not a bad idea. Of course,
the revenue would have to made up when the economy returns.