October 14, 2004

The End of the World...

...must be approaching, because for once the Economists and the Political Scientists are in agreement. Well, kind of. A survey of randomly selected economics professors who serve on the editorial board of the American Economic Review shows that except for the issues of "free trade and globalisation" the respondents think Kerry has better policies than Bush. Read this BBC/Economist report that came out last week.

The opinion about the Bush tax cuts really surprised me, by the way.

More than seven out of ten respondents say the Bush administration's tax cuts were either a bad or a very bad idea, and a similar proportion disapproves of Mr Bush's plans to make his tax cuts permanent.

That's not what I expected from economics professors at all. A more thorough explanation/analysis would be useful.

Posted by binky at October 14, 2004 09:26 AM | TrackBack | Posted to Politics


Comments

My guess would be that they are more concerned about the runaway deficit/debt (and associated future problems in Social Security/Welfare/Medicaid that are looming) and see those as greater negatives (more destructive) than any benefits of the tax cuts. In other words, they like tax cuts, but they don't like the cost of those tax cuts (deficits). Just a guess, though.

Posted by: baltar at October 14, 2004 11:35 AM | PERMALINK
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