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BTL:White House Pushes For Billions More In Tax Cuts, Even As... |
Current rating: 0 |
by Between the Lines' Scott Harris
Email: betweenthelines (nospam) snet.net (verified)
Address: BETWEEN THE LINES c/o WPKN Radio 89.5 FM Bridgeport, Connecticut |
26 Apr 2003
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...U.S. Economy Continues Downward Spiral. Interview with Lawrence Mishel, president of the Economic Policy Institute, conducted by Between the Lines' Scott Harris. |
White House Pushes for Billions More in Tax Cuts, Even as U.S. Economy Continues Downward Spiral
Interview with Lawrence Mishel, president of the Economic Policy Institute, conducted by Scott Harris
Although public attention has been focused on America's war in Iraq in recent months, the sad state of the U.S. economy is a major issue looming on the political horizon. But even as President Bush celebrates his victory in ousting Saddam Hussein's regime in Baghdad, America's occupation and plans for reconstruction of oil-rich Iraq will likely do little to reverse the loss of jobs and economic downturn here at home.
Due to the continuing poor performance of the U.S. economy and resistance from Republican Party moderates, the White House was forced to scale back its $726 billion tax cut proposal to a $550 billion tax break benefiting mostly the rich. But opponents in the Senate are working to limit any tax cut to $350 billion. Before the war, ten Nobel laureates, supported by more than 450 economists from across the country, condemned the Bush tax cut plan, warning that the measure would do little to create jobs and instead generate further income inequality.
Between The Lines' Scott Harris spoke with Lawrence Mishel, president of the Economic Policy Institute, who explains the likely impact of the Iraq war on the U.S. economy and why he opposes the Bush drive for billions of dollars in new tax cuts.
Contact the Economic Policy Institute by calling (202) 775-8810 or visit their Web site at: www.epinet.org
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http://66.175.55.251/btl050203.html
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Re: BTL:White House Pushes For Billions More In Tax Cuts, Even As... |
by Jack Ryan
(No verified email address) |
Current rating: 1
27 Apr 2003
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Tax Cuts stimulate the economy by allowing people to keep more or what they earn. Yes, Scott, you may have to go out and get real job that pays money and everything. You seem to write well, how is your speaking voice? Let's practice: THANK YOU FOR CHOOSING McDONALDS, MAY I TAKE YOUR ORDER? Very Good Scott and you get a free hat.
Jack |
