Description
Wielding his widely recognized powers of explanation, Paul Krugman lays bare the hidden facts behind the $2 trillion tax cut.
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Economist Paul Krugman analyzes the Bush and other tax proposals, showing who wins, who loses, and how quickly the tax cuts will consume the surplus. He argues that although the tax cut might not be a matter of economic life or death, it has become a central political issue that has a distorting effect on the debate on other issues and discourages crusaders from telling the truth about their own proposals. He also maintains that reporters and TV commentators don't understand the basics about the federal government and that they, together with politicians, have confused the public. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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