Gore vs. Bush: fiscal policy

[Seth Ackerman]

* GORE

Jeff Faux / The American Prospect - August 14, 2000

When asked by The Wall Street Journal in January how he would respond to a
recession, Vice President Al Gore said that he would cut back on government
spending, "just as a corporation has to cut expenses when revenues fall off,
and that sometimes turns out for the long-term benefit of a company." Calvin
Coolidge couldn't have said it better. 

---
* BUSH

William Greider / The Nation - August 7-14, 2000

"I studied at Harvard and learned Keynesian economics, and I certainly agree
that it works under certain circumstances," [top Bush economic advisor
Larry] Lindsey observed. Then he suggested that if the economy goes into the
ditch, as he actively fears, Bush's proposed $1.6 trillion tax cut plan can
be speedily enacted to provide emergency stimulus. "I would call it a fiscal
insurance policy--in case needed," he said. "What we would do, I think, is
accelerate [implementation of] the tax cut."