Understanding Bushonomics: How We Got Into this Mess in The First Place

Source: Scott Lilly, Center for American Progress, August 2008

From an article:
Nearly three quarters of a century after the 1929 crash, George W. Bush began gathering his economic advisors to prepare the policy agenda for his incoming administration. There seemed to be little appreciation of the lessons of either Henry Ford or the Great Depression. The first orders of business were massive tax cuts focused heavily on corporations and the highest income individuals to foster economic growth through assistance to the “supply side” of the economy.

Subjects of this report include: the Bush administration’s tax policy, minimum wage, enforcement of federal wage and hour laws, unions, enforcement of trade agreements, and immigration.
See also:
Is Redistributing Wealth a Bad Thing? You Betcha!
Source: Scott Lilly, Center for American Progress, October 21, 2008

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