By every metric, the cuts delivered less than promised
(NEWSER) - This week marks the 10th anniversary of the Bush tax cuts, and Annie Lowrey of Slate is looking for reasons to celebrate. Unfortunately, she can’t find any. They’re “a failure in every conceivable way,” she writes. In 2001, Bush promised the cuts would create jobs, generate wealth, and “starve the beast,” reducing the size of government. Even leaving aside the 2008 recession, they did none of those things. From 2003 to 2007, median wages actually fell. More»
