OT--Great headlines everywhere
When was the interview, Chuck? There's a line in there that makes me think
it was awhile ago:
[BILL MOYERS: And these tax cuts are not pulling the economy out of this
recession.]
I think recent GDP numbers are proving that statement to be absolutely
false.
The interview was about 30- days ago.
Experiment with a broader perspective.
Even if the economy is making the normal
recovery rom a recession it may still be ture that:
hese tax cuts are not pulling the economy out of this
recession.]
If we are pulling out of a recession-
The tax cuts may have nothing to do with it.
How many times has the economy recovered, *without* tax cuts?
If you read Peterson's comments with an unbiased mind, it's hard to avoid
concluding that our present course leads to a rather obvious reef, just over
the horizon.
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