Gore vs. Bush: fiscal policy

Juan Jose Barrios jota at netgate.com.uy
Tue Aug 1 18:57:33 PDT 2000

god save GOP!!!! I am a Republican-Keynesian!!!

(sorry folks)

Seth Ackerman wrote:

> * 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."

More information about the lbo-talk mailing list