DEAN VERSUS BUSH

Econopundit takes me to task for worrying about the deficit. Then he runs the numbers on how he thinks the economy would have performed without the tax cut. But he’s debating a straw man. I never said I blamed the tax cut! I love the tax cut. What I blame is the spending increases. Nevertheless, I’m struck that, on his models, the tax cut only marginally helps the economy while doing enormous damage to the deficit. Hmmm. I don’t think he intend to persuade me to be less worried about Dean, but he did. If this is the best the budget-busters can do, I’m unimpressed.