Word: cuttingly
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Dates: during 2000-2000
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...knew selling a trillion-dollar tax cut could be so hard...
...cut used to be the best bribe in politics, a payoff to the people that never failed to win support or votes. Then came Ross Perot and the Greenspan-Clinton deficit-reduction plan of 1993, which kicked off an eight-year economic paradise of balanced budgets, high growth and low inflation. Tax cuts, especially tax cuts for people that already had money, were selfish and irresponsible...
...These are the post-Clinton political seas into which George W. Bush will launch the $1.3 trillion across-the-board tax cut that was first conceived by the Bushites to sink Steve Forbes in New Hampshire. It's a tough sell. Voters would take a tax cut - who doesn't want more money? - but the size scares them. Republicans have always depended on tax cuts, but know that the size makes them vulnerable to getting out-empathized by Democrats. And Democrats know that Bill Clinton gave small, feel-good targeted tax cuts a very good name...
...Welcome to what George W. Bush envisions as his rite of passage from back-door president to national leader: the selling of the tax cut...
...will the flight be in 2001? Bush, selling a tax cut, and the Fed, selling confidence, will be sure to keep everybody posted as the numbers and the reports come in. We may be due for a recession - heck, we may already be in one, and not recognize it yet. And what consumers do from here on out may tell the tale...