[PEN-L:32877] Re: Re: O'Neill and sectors of capitalism

[Michael Perelman <michael@xxxxxxxxxxxxxxxxx>]

Doug, don't forget a massive deregulation drive to stimulate the economy.
I presume that such an effort will accompany the tax cuts.

On Sun, Dec 08, 2002 at 11:25:29AM -0500, Doug Henwood wrote:
> Chris Burford wrote:
>
> >Doug, these may be fiddly questions and things can get too detailed,
> >but the present abrupt dismissal of O'Neill suggests a lightening
> >flash in a looming storm, at least as far as Bush is concerned.
>
> W is worried that he'll suffer the same fate as his father - popular
> war president who loses re-election because the economy sucked. He
> wants to project concern about the economy, and what better way to do
> that than with a headline-grabbing shakeup? But as for policy - well
> it looks like more tax cuts for the upscale, and that's about it.
>
> Doug
>

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael@xxxxxxxxxxxxxxxxx