Synopsis
Prompted by George W. Bush's trillion-dollar tax cuts "Fuzzy Math" explores the biases and dubious decision-making behind republican government fiscal policy. It explains why tax cuts have become such an imperative for all conservative governments and clearly reveals their economic impact. Bush's budget of cuts, Paul Krugman argues, should be viewed as a bid for long-term influence by the president. He suggests that Bush's extravagant budgetary centrepiece is a personally motivated attempt to redress his father's shortcomings in power -a case of bravado and egotism that ignores the needs of the populace, and indeed some basic economic truths. Funds there may be, but Krugman disputes the size of the President's proposed cuts as excessive. This is serious business and relevant to any voter playing their part in choosing a government. What has a conservative government got to prove through reducing the tax burden and have they done their sums?
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About the Author
Paul Krugman, recipient of the 2008 Nobel Prize in Economics and best-selling author, has been a columnist at the New York Times for twenty years. A Distinguished Professor at City University of New York, he resides in New York City.
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