Republicans' economic policy is now closer to that associated with the Democrats, and vice versa.
September 13, 2002 6:40 AM Subscribe
Republicans' economic policy is now closer to that associated with the Democrats, and vice versa. "Since the 1960s, the Republican and Democrat administrations have switched places on economic policy. The pattern is so well established that the generalisation can no longer be denied: the Republicans have become the party of fiscal irresponsibility, trade restriction, big government and bad microeconomics." Who'd have ever thought Bush would follow a Keynesian economic policy? Meanwhile, as the budget deficit grows, Greenspan cautions fiscal responsibility.
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