At Least He's Got an MBA I think that George Bush's economic program is a sham that never had the primary purpose of stimulating the economy. I could spend some hours on the web researching the issue and compiling links and data to convince you that I'm right; or I could just point out that the executive branch of the federal government (the people who should know) knows that the plan is, in fact, a sham.
From the New York Times: " A White House estimate shows that administration officials are expecting President Bush's tax plan to generate only 190,000 jobs in 2003, a small number when compared to the 1.5 million jobs that have disappeared over the past two years."
Plus this (also from the New York Times): "Employers shed 101,000 jobs outside the farming sector in December, the department said, defying Wall Street's expectations for modest job growth. And the number of jobs lost in November was revised upward to 88,000, from a previously reported decline of 40,000."
So the President's 670 billion dollar plan will only add 2,000 more jobs than the economy shed in the last two months, according to the government's own figures.
But the White House is at least helpfully honest: "R. Glenn Hubbard, chairman of the White House Council of Economic Advisers, has tried to expunge the very word "stimulus" from policy discussions because he says it sounds too much like Democratic-style pump-priming." Nope, we don't need no stinkin' stimulus
5:58:20 PM 
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