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Posted by taxguru on February 28, 2003

Not On The Same Team

I hope Stephen Moore is wrong in his assessment of the new Chairman of Bush’s Council of Economic Advisors, Gregory Mankiw. If it is true that he denies the effectiveness of the Reagan tax cuts of the early 1980s, our chances of seeing substantial new cuts are dwindling.

I know Bush has bigger things to worry about right now; so I am assuming that some of his advisors, who chose this person, are out to sabotage the tax cut agenda. Selecting someone who denies the reality of the Reagan tax cuts to be an economic advisor makes as much sense as having a member of the Flat Earth Society be Director of NASA. It’s ludicrous.


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