Former Senator Jesse Helms joins the ranks of the shrill critics of the George W. Bush administration:
TAPPED: NOW HE TELLS US. Buried at the end of this Washington Post article on the speakers each party has lined up for their respective conventions is a fascinating and completely unrelated squib:
I would not have voted for [President Bush's] tax cut, based on what I know...There is no doubt that the people at the top who need a tax break the least will get the most benefit...Too often presidents do things that don't end up helping the people they should be helping, and their staffs won't tell them their actions stink on ice.
Who is this person? Former senator Jesse Helms (R-N.C.), who made those remarks in a recent interview with Business North Carolina magazine.
The mind reels. Why do they only develop a conscience after leaving office?
A correction is needed: Treasury Secretary Paul O'Neill told George W. Bush that his first-round tax cut needed to have triggers that would keep it from going into effect if the deficit were to reemerge. Treasury Secretary Paul O'Neill told George W. Bush that additional tax cuts were probably not desirable, as they would eliminate the pool of money needed to grease any successful reform of Social Security. Paul O'Neill got fired.
Posted by DeLong at June 29, 2004 01:39 PM | TrackBack | | Other weblogs commenting on this postpower corrupts and absolute power corrupts absolutely.
Posted by: oldman on June 29, 2004 02:21 PMPower corrupts and absolute power corrupts absolutely.
Therefore ethics is the practice of setting self-imposed limits in order to save one's own integrity.
Posted by: oldman on June 29, 2004 02:23 PMJohn Spratt posted a whole list of warnings.
http://www.house.gov/budget_democrats/2001_docs.htm
This information went largely unnoticed because House Democrats were shut out of the budget debate by the GOP and the media.
Posted by: bakho on June 29, 2004 02:51 PMOldman,
Lord Acton did not say,"Power corrupts, and absolute power corrupts absolutely." He said, "Power TENDS TO corrupt, and absolute power corrupts absolutely." The quote is only nine words long. Why can't people cite it correctly?
Posted by: Vadranor on June 29, 2004 09:03 PMFairly unsurprising, of course, for those who know Helms. Always did come at economics from a populist standpoint-- also a big protectionist, you know. His conservatism was defined by other issues, such as anti-communism, or his social conservatism.
Posted by: John Thacker on June 29, 2004 09:57 PM
A Republican view of Democrat tax policy.
What do you think?
http://pep.typepad.com/public_enquiry_project/2004/06/why_the_democra.html
Posted by: Adrian Spidle on June 30, 2004 07:02 AM
A Republican view of Democrat tax policy.
What do you think?
http://pep.typepad.com/public_enquiry_project/2004/06/why_the_democra.html
Posted by: Adrian Spidle on June 30, 2004 07:06 AM
A Republican view of Democrat tax policy.
What do you think?
http://pep.typepad.com/public_enquiry_project/2004/06/why_the_democra.html
Posted by: Adrian Spidle on June 30, 2004 07:06 AM
A Republican view of Democrat tax policy.
What do you think?
http://pep.typepad.com/public_enquiry_project/2004/06/why_the_democra.html
Posted by: Adrian Spidle on June 30, 2004 07:07 AMTriggers when you go in to a deficit. Can I use those on costly spending programs too or is this plan just part of the ratchet effect of government spending habits?
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