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  • STEPHEN MOORE: The president needs new tax-cutters

    12/09/2002 12:54:58 AM PST · by MadIvan · 56 replies · 272+ views
    The Financial Times ^ | December 9, 2002 | Stephen Moore
    When George W. Bush fired his Treasury secretary and chief economic adviser on Friday, he was signalling to the financial markets not just a change in personnel but a change in economic policy to come. Both Paul O'Neill and Lawrence Lindsey are able men, and were fiercely loyal to the president. Their downfall was a result of the "bumpy performance of the economy" - as President Bush put it - over the past two years and what turned out to be a series of Pollyanna-ish economic forecasts. It was only coincidence, but symbolic nonetheless, that what has come to be...