Re: Economist Suport of War and TAx Cut

[Gary Dymski <dymski@xxxxxxxxxxxx>]

Warren (and all),
I picked up that storyline separately from another source.
Disgraceful, maybe, but perhaps political. I've heard Hubbard's
name mentioned as a possible successor to Greenspan. This
could be a way of signalling that he is "on board."

Gary

At 09:46 AM 4/2/2003 -0800, you wrote:

> --- "Henry C.K. Liu" <hliu@xxxxxxxxxxxxxx> wrote:
> > Former White House Chief economist Glen Hubbard just
> > told CNBC that the
> > country can afford both the war on Iraq and the Bush
> > tax cut, which has
> > been largely put together by Hubbard of Columbia.
> >
> > Hubbard reasoned that the tax cut will add 1% to the
> > GDP for the next
> > two years and will help to pay for the war,
>
> This is a disgraceful statement from an economist.
> It totally 'mixes metaphors.'  Are you sure it is
> accurate?
>
> Warren
>
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