Economic Effect of Tax cuts
Economic Effects of Tax Cuts
Output and Efficiency
Before President Bush took office, his aides began arguing in favor cutting taxes to offset a likely recession. That raises several issues. First, is (or was) there a recession? Although the economy undoubtedly slowed, whether it entered a recession or not remains unclear. Moreover, Johns Hopkins University economist Christopher Carroll has presented evidence suggesting that the administration's rhetoric may, in part, be responsible for declining consumer sentiment and the resulting slowdown in economic activity.
Second, as Bush economic a…
- Economic compensation to blacks in America.
- Economic Effect of Tax cuts
- The Conflicts of the Black Race: Delayed Economic and Educational Progress
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