The Anti-Economist — From the November 2012 issue

The Entitlement Crisis That Isn’t

Download Pdf
MicroFiche

At September’s Democratic National Convention, Bill Clinton roused his party when he said that Republicans, having left Barack Obama with a “total mess,” were now complaining that the president hasn’t “cleaned it up fast enough.” Clinton barely mentioned what got us into that mess: George W. Bush’s sharp tax cuts, mostly for the wealthy, which led more to financial speculation than to solid growth. He didn’t mention that job creation was slower in the years following the Bush tax cuts than at any other time in the postwar era. Nor did he mention that a substantial increase in taxes would …

This article is only available to magazine subscribers. If you are a subscriber, please sign in. If you aren't, please subscribe below and get access to the entire Harper's archive for only $34.99/year.

= Subscribers only.
Sign in here.
Subscribe here.

Download Pdf
Share

More from Jeff Madrick:

Get access to 164 years of
Harper’s for only $34.99

United States Canada

THE CURRENT ISSUE

May 2014

50,000 Life Coaches Can’t Be Wrong

= Subscribers only.
Sign in here.
Subscribe here.

The Quinoa Quarrel

= Subscribers only.
Sign in here.
Subscribe here.

You Had to Be There

= Subscribers only.
Sign in here.
Subscribe here.

A Study in Sherlock

= Subscribers only.
Sign in here.
Subscribe here.

view Table Content