Once More, with Feeling

Ponnuru, Ramesh
August 2001
National Review;8/20/2001, Vol. 53 Issue 16, p18
The article focuses on the current economic conditions in the U.S. with reference to the economic policy of President George W. Bush. Senate majority leader Thomas Daschle criticized President Bush for his economic policy. Administration officials leaning on the blue-chip forecasters' consensus that the economy will recover to 3 percent growth next year. Then there are apprehensions regarding the Bush's tax cut law passed by the Congress. Treasury secretary Paul O'Neill proposed to abolish the corporate income tax. The administration is also planning for a major free market reform of Social Security.


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