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Just Call Him George W. Reagan
Business Week ^ | 1/2/2003 | Joseph Weber

Posted on 01/08/2003 12:05:49 PM PST by Steven W.

Edited on 04/13/2004 2:16:34 AM PDT by Jim Robinson. [history]

The Gipper would have loved the tax-cut plan Dubya unveiled in Chicago. Democrats -- and some conservatives -- will need convincing.

If President George W. Bush put his new economic stimulus program to a vote among some 2,000 Chicago business leaders who heard him speak on Jan. 7, his bold plan would win hands-down. The question now is whether the rest of the country will be quite so enthusiastic.


(Excerpt) Read more at businessweek.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Culture/Society; Government; News/Current Events; Politics/Elections
KEYWORDS: bush; dividend; economy; reagan
When I hear so-called media-friendly "conservatives" dishing tax cuts I always wonder - ala John McCain or the egghead quoted in this article - are they really conservatives? I thought class warfare economics was supposed to be solely relegated to the DemoncRATs.
1 posted on 01/08/2003 12:05:49 PM PST by Steven W.
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To: Steven W.
By giving back an average of $1,083 to some 92 million taxpayers this year, Bush hopes to spur spending.

To Tommy Daschle and Nancy Pelosi...
Gimme my durn muffler!!! (well, for me, its gonna be a 1911 45ACP) :)

2 posted on 01/08/2003 12:26:39 PM PST by Frohickey
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To: Steven W.
IMHO there is only 1 President Ronald Wilson Reagan!
3 posted on 01/08/2003 12:29:13 PM PST by krodriguesdc
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To: krodriguesdc
George Reagan he aint.
4 posted on 01/08/2003 12:33:33 PM PST by cynicom
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To: Steven W.
By giving back an average of $1,083 to some 92 million taxpayers this year, Bush hopes to spur spending.

Which is why this tax cut isn't supply side, and which is why Reagan wouldn't have liked it. Reagan also promoted high tech and risk capital, which the president is still ignoring. However, Reagan would have liked Bush's comment on government regulations, though I think that was just put in the speech as a bone to supply siders. It's too bad Bush has spent the past two years ignoring those regulations, many of which he could have rolled back without the approval of Tom Daschle. If anything, the speech yesterday showed that the president is still blissfully ignorant of the strengths and weaknesses in our economy, and where most new jobs are created.

5 posted on 01/08/2003 12:34:35 PM PST by Moonman62
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To: Steven W.
Sad. Not one red dime of spending cuts proposed by King George.

So all the tax cut revenues will be eaten by the porkers in the Republicrat party to expand the government even more.

Bush's plan is merely a short-term quickie that'll propel the economy just past the 2004 elections, when he's safely re-elected and can safely beat his chest and say he accomplished something.

But dozens of more pages will be added to the federal income tax code, which will keep tax accountants at H & R Block happily employed.

6 posted on 01/08/2003 12:41:41 PM PST by Extremely Extreme Extremist
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To: krodriguesdc
IMHO there is only 1 President Ronald Wilson Reagan!

DITTO THAT!!

7 posted on 01/08/2003 4:08:12 PM PST by jla
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