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Bush's economic outlook clouded

March 23, 2008

George W. Bush is in denial. ("Bush seeks to calm anxieties," March 15.)

Like most Republicans since Reagan's presidency, he believes in supply-side economics -- that if the wealthy are getting wealthier, the economy is good; that if he keeps giving wealthy people and businesses big tax breaks, the budget will be balanced by 2012.

This philosophy has left us with a $9-trillion national debt, a shaky financial structure and a sinking, stagflated economy.

Randell Hill

La Verne

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