Economic Slowdown: Is A Tax Cut The Right Remedy?

George W. Bush sees a downturn ahead. And he has one idea in particular about what to do

Even before he was declared President-elect, George W. Bush had become bear in chief. For weeks he's been warning that the U.S. economy is in for hard times. He may steer clear himself of the term recession. "Possible slowdown" is one way he puts it. But dirty work is what Vice Presidents are for. So Dick Cheney has been sent out to say the forbidden word. As early as Dec. 3, he was on Meet the Press warning that the nation "may well be on the front edge of a recession."

Why would Bush be willing to spook the economy he's...

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