Bush’s economic outlook clouded
George W. Bush is in denial. (“Bush seeks to calm anxieties,” March 15.)
Like most Republicans since Reagan’s presidency, he believes in supply-side economics -- that if the wealthy are getting wealthier, the economy is good; that if he keeps giving wealthy people and businesses big tax breaks, the budget will be balanced by 2012.
This philosophy has left us with a $9-trillion national debt, a shaky financial structure and a sinking, stagflated economy.
Randell Hill
La Verne