Current Events — HabitableZone

Current Events

Squandering Prosperity

<Squandering Prosperity

KEY QUOTE: "As for Bush, the responsibility for dealing with the economy is now entirely his. With interest rates hovering at 1 percent, Greenspan is running out of tools to fix this mess. With the election year now taking shape, Bush's one-note obsession with tax cuts presents the Democrats with their best opportunity. And the economy with its gravest threat."

The Bush administration vs. its economists

KEY QUOTE: "The purpose of the CEA is not only to provide sound advice and guidance on the economy, but also to educate policymakers and help them to speak responsibly about these issues. With the contradictions between CEA statements and the Bush administration persisting, it appears the public will not be getting straight answers from the White House on economic matters any time soon."

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