Bush Tax Cut
After a great 8 years under President Clinton’s fiscal discipline in the government, we have had a great economic surplus that included other huge surpluses as well. President Bush wants a huge tax cut that obviously can increase interest rates and recreate the loss of consumer and business confidence that had the same deficits during the late 80’s and early 90’s. While President Bush’s proposed tax cut of roughly $2 trillion seems extremely favorable, the reality is that it will hurt the future of our country greatly. Robert E. Rubin, former Secretary of the Treasury, knows a lot about our money and can easily see that President Bush’s huge tax cut can create a huge error in economic policy. When looking over the last 20 years and how we have done with fiscal discipline and without fiscal discipline, we can find many clues that our nation has benefited from fiscal discipline. First off, we have gained greatly when our nation has been committed to fiscal discipline and lose gr
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Approximate Word count = 662
Approximate Pages = 3 (250 words per page double spaced)
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