News and Opinion for Democrats Against Bush -- Part II
Tax Cuts as Stimulus Will Soon Backfire
PT. II - HOME PAGE
PT. II - CONTENTS
BUSH and the MEDIA
CIVIL RIGHTS
-- Gay Rights
THE ECONOMY
-- The Real Deficit
---- Deficit Lies
-- International Debt
---- Children Will Pay
-- Tax Cut Con Game
---- Tax-Cut Lies
------ to Small Business
---- Phony Benefits
---- Hurting States
---- Why Accepted?
---- Cuts Will Backfire
-- Low-Tax Mania
-- Move toward Flat Tax
-- Corp. Tax Dodgers
-- Corporate Welfare
---- Halliburton
-- The SUV Boondoggle
-- Unemploym't Worse
------ Comp. Denied
---- Jobs Not Created
-- Widespread Poverty
-- False Recovery
-- Stock Market
EDUCATION
-- Texas Sch. Scandals
-- Broken Promises
-- Abandoned Youth
-- College Aid Cut
-- Aid to Rich Colleges
-- Textbooks Censored
-- Acad. Freedom Denied
ELECTRONIC VOTING -- --- A Crucial Issue
ENERGY
-- Monstrous Bill
---- Allows Blackouts
---- Bi-Part. Oppos'n
-- New Energy Bill
ENVIRONMENT
-- Bush's "Eco-Speak"
---- How to Tell Lies
-- Crimes v. Nature
---- Air Pollution
---- Global Warming
---- Ozone Depletion
---- Chemical Hazards
---- Loss of Wildlife
-- States Combat Bush
---- Power Plant Suits
-- Pension Funds, Too
LABOR ISSUES
-- Worker Safety
-- Real Jobless Stats
-- Overtime in Danger
--"Productivity"
PUBLIC HEALTH
-- Poor Ranking
-- Privatized Socialism
-- Health Insurance
---- The Uninsured
------ Middle Class
-- Cost of Drugs
-- Medicare
---- A Cynical Bill
---- Favoring HMOs
---- $$ to Drug Co.s
---- Bait and Switch
---- AARP Sells Out
---- Bullying to Win
---- Australian Critique
---- Some Good News
-- Chill on Research
TRANSPORTATION
-- Amtrak
-- Mars vs. Amtrak
WAR OF IDEAS
-- Use of Language
WAR on TERROR
--'Enemy Combatants'
-- Ultra-Secret Trials
-- Homeland Insecurity
---- Funds Miss Needs
WAR on CIVIL RIGHTS
-- FBI Prying Grows
---- Targeting Protests
------ & Anti-Bush Talk
-- Computer Privacy
-- Patriot Act
---- Excesses
------ Cure - SAFE Act
---- Dangers
---- Author's Fear
---- Librarians' Warning
--"Patriot Act II"
---- Death for Protest?
---- Sneak Enactments
-- CAPPS II
---- GAO Criticisms
---- EFF Concerns
-- Guantanamo
---- Conditions
---- Legal Status
---- UK Judge's Blast
-- Torture Condoned
---- Canadian's Ordeal
-- Yousef Yee
WAR on SCIENCE
-- Scientists Accuse
---- Admin. Can't Deny
WAR on WOMEN
-- Abortion Truths
-- Notorious Photo
WAR on WORKING FAMILIES
' "By this reckoning, the Bush tax cuts will not do much to lift the economy. The $117 billion in fiscal 2003 gives birth to only $40 billion in effective stimulus. Much more of the cuts, perhaps every nickel, would have been spent if the money had been channeled to the states instead, to pay the salaries of teachers who were fired to balance budgets.
 
The economy surged in the third quarter, but as Mr. Slemrod notes, "the tax cuts were not a major part of that growth.'' '
New York Times  November 30, 2003
ECONOMIC VIEW

As Stimulus, Tax Cuts May Soon Go Awry

By LOUIS UCHITELLE
 
The complete article is currently (3/27/04) available on the New York Times website at- http://www.nytimes.com/2003/11/30/business/yourmoney/30view.html?ex=1080536400&en=21e68b0020dfb467&ei=5070 [This link was found through a Google search by article title on the same date.]
 
Opening words--

LAUDING the Bush tax cuts isn't easy. They have turned a comfortable budget surplus into a constraining deficit, and they are enriching the wealthy far more than families with only five-figure incomes.

The one mitigating factor is stimulus. The tax cuts are helping to revive the economy by putting more spending money into people's pockets. But even that will soon backfire. ...

2003 The New York Times Company
 

 
 
 
 
 
 FAIR USE NOTICE  
  This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

 FAIR USE NOTICE  
  This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.