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Politics : Bush Bashers & Wingnuts
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To: bentway who started this subject1/13/2004 12:33:54 PM
From: bentway   of 1347
 
"Under Bush's leadership," says Laura Tyson, dean of
the London School of Economics, in next week's Business
Week, "the government has made a series of inconsistent
promises that, taken together, cannot be honored: promises
of future Medicare and Social Security benefits, promises
of substantial investment in military and homeland
security, promises of leaving no child behind, promises of
generous corporate subsidies and tax breaks, promises of
timely repayment of federal debt, and promises of tax rates
far below those necessary to cover other commitments.
[Not to mention Americans walking around on Mars... ]

"Something's got to give. But what?" Tyson's answer of what
lies ahead - "A long-term fiscal crisis."
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