Voodoo economics
The idea that the Republican tax cuts are going to solve our current economic malaise by creating record federal deficits which drive up interest rates is just plain silly.
The key statement in your Nationa REview commentary was this little gem: "federal spending is running at roughly 11 percent today — about ten times the inflation rate..." In otherwords, the Republicans in Congress and in the White House are on a spending spree.
The Clinton White House balanced the budget and brought us eight years of the most prosperous economy in the history of civilization. All Mr. Bush has dished up are longer unemployment lines.