George W. Bush’s idea of economic policy was to cut taxes three times while boosting spending on war. The result is a massive budget deficit, which will expand to gargantuan proportions in the coming year (perhaps $1 trillion) under the added weight of recession, bank bailouts, and short-term fiscal stimulus measures.
第三，除非有使政府自身的财政状况恢复良好状态的策略，否则，美国的复苏是不可靠的。乔治·沃克·布什经济政策的观念是，在增加战争支出的同时三次减税。这样做的结果是巨大的预算赤字，预算赤字在接下来的一年内，会在更多的衰退、银行救援以及短期财政刺激措施的压力下变得数额巨大（或许会到1万亿美元）。