Bush Hangs Out On The Supply Side Of Town
September 20, 2007 at 9:33 pm
Lost in all the hoopla about MoveOn’s ad coming from President Bush’s press conference today was a great and historic moment. We heard probably the single most definitive statement ever by an American president of a profound belief in supply side economics:
I’m a supply-sider. I believe supply-side economics, when properly instituted, enables us to achieve certain objectives. One, people find work and there’s hope in the economy. Two, that supply-side economics yields additional tax revenues.
That was Bush today, speaking not from prepared text but in response to a question.
Was Ronald Reagan ever this eloquently simple during an exchange with the media?
Not if this 1982 moment with the press corps was any indication:
Q. Mr. President, on that note, do you think Jack Kemp and other conservatives are trying to undermine your Presidency? And is it…
Reagan: No, I think that Jack sincerely believes—is a purist in the supply-side economics. And we’ll continue to talk and reason together.
Reason together? Seems like the current Oval Office occupant might be a purist as well.
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