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amari_zCut from an op-ed column in the Times:
Mr. Bush said, "This administration is optimistic about job creation."
It's too bad George Akerlof wasn't at the meeting. Mr. Akerlof, a 2001 Nobel laureate in economics, bluntly declared on Tuesday that "the Bush fiscal policy is the worst policy in the last 200 years." Speaking at a press conference arranged by the Economic Policy Institute, Mr. Akerlof, a professor at the University of California at Berkeley, said, "Within 10 years, we're going to pay a serious price for such irresponsibility."
Also participating in the institute's press conference was Robert Solow, an economist and professor emeritus at M.I.T. who is also a Nobel laureate. He assailed the Bush tax cuts as "redistributive in intent and redistributive in effect."
"There has been a dissipation of the huge budget surplus," he said, "and all we have to show for that is the city of Baghdad."
Like we even really have Baghdad. Is anyone LISTENING?
Okay, off to bed now. really.
Mr. Bush said, "This administration is optimistic about job creation."
It's too bad George Akerlof wasn't at the meeting. Mr. Akerlof, a 2001 Nobel laureate in economics, bluntly declared on Tuesday that "the Bush fiscal policy is the worst policy in the last 200 years." Speaking at a press conference arranged by the Economic Policy Institute, Mr. Akerlof, a professor at the University of California at Berkeley, said, "Within 10 years, we're going to pay a serious price for such irresponsibility."
Also participating in the institute's press conference was Robert Solow, an economist and professor emeritus at M.I.T. who is also a Nobel laureate. He assailed the Bush tax cuts as "redistributive in intent and redistributive in effect."
"There has been a dissipation of the huge budget surplus," he said, "and all we have to show for that is the city of Baghdad."
Like we even really have Baghdad. Is anyone LISTENING?
Okay, off to bed now. really.
