Fuente : Bush-Cheney '04
http://www.georgewbush.com/

US ELECTION: Quotes from Leading Economists In Favor of the President's Economic Agenda

/noticias.info/
Note: Affiliations are provided for identification purposes only. The organizations listed below should in no way be considered as endorsing the views of the individual.

"I do not support the economic agenda that John Kerry has proposed. His commitment to ‘balancing the budget' is not made credible with the additional spending he has proposed. His tax increases that would ‘restore the top two tax rates to their levels under President Clinton' would be bad for investment and growth and endanger the current expansion. The best way forward for the American economy is to contain spending, reform entitlements, keep marginal tax rates low, and reap the benefits in increased growth and higher tax revenues. The Bush agenda, in my opinion, offers the best prospects for economic growth."

- Robert A. Mundell, Ph.D., Professor of Economics
Columbia University
Nobel Laureate

"I support President Bush for a simple reason. A victory for Kerry would be taken as a victory for the terrorists, by both the terrorists and the rest of the world. Economic issues pale in comparison with this overriding fact."

- James M. Buchanan, Ph.D., Distinguished Professor Emeritus of Economics and Philosophy
George Mason University and Virginia Tech University
Nobel Laureate

"I believe that President Bush's economic policies were the right way to reverse the downturn that followed the excesses of the late 1990s. His policies contributed to the economy's current good performance -- a low 5.4 percent unemployment rate, inflation below 2 percent and productivity rising at more than 4 percent. The reduced marginal tax rates will strengthen future economic growth and employment. I worry that Senator Kerry's proposals to raise taxes and increase spending would hurt our economic future."

- Martin Feldstein, Ph.D., Chairman,
National Bureau of Economic Research
Professor of Economics, Harvard University

"Ideas and response to events are the tests of economic leadership. President Bush's focus on raising long-term growth using well-timed tax cuts, opening markets, and seeking to limit regulatory and litigation costs has furthered the global economic expansion. The administration's leadership in the war on terror, the management of terrorism risk, and restoring investor confidence also limited potentially damaging downturns of confidence. Senator Kerry's recipe of limiting job creation by raising tax rates on entrepreneurs and our most successful global companies, while radically expanding the size and scope of government will limit future economic growth and lead to increasingly grim fiscal choices."

- R. Glenn Hubbard, Ph.D., Dean
Columbia University Business School

"President Bush inherited an economy that had begun to contract in the summer of 2000, and which was only beginning to suffer from the consequences of the bursting of the 1990s equity bubble which peaked March 2000. The revelations of accounting and governance scandals which had misled investors during the 1990s further eroded confidence. Facing these challenges and a worldwide, global recession, President Bush offered sound economic policies that provided crucial support to the economy during these difficult times. Going forward, the President's policies are the right ones to insure that economic recovery continues and that the US provides the leadership to expand global trade and open global markets."

- Richard H. Clarida, Ph.D., Professor of Economics and International Affairs
Columbia University

"In the past year, the biggest creator of new jobs in Missouri has been small business. The Bush tax cuts have stimulated entrepreneurship in Missouri and created jobs while Senator Kerry's plan to increase marginal tax rates will seriously hurt small businesses and negatively impact on job creation in Missouri."

- Greg M Gelles, Professor and Chair
Economics and Finance, University of Missouri-Rolla

"President Bush's tax cuts fueled consumer spending that, in turn, fueled the growth in our economy. Yet, John Kerry demonstrates an ignorance of basic economics and exhibits the worst kind of arrogance by presuming that the government has more of a right to the hard-earned money of its citizens than do the citizens themselves. Tax cuts at any income level benefit individuals and society as a whole."

- Rebecca Thacker, Ph.D., PHR, Associate Professor
College of Business, Ohio University

"President Bush's tax relief package and other economic policies, as well as his unwavering leadership in the war on global terrorism, have cured the U.S. economy of much of the psychological traumas that damaged the confidence of businesses, investors and consumers after 9/11, clearing the way for the speedy and strong economic recovery that has led to the robust and long lasting economic growth prospects that our nation now enjoys. In the state of Florida, because the president's economic policies have resulted in strong markets for new homes and durable goods, with significant reduction in the unemployment rate, the best is yet to come for Floridians."

- Parnell G. Duverger, Adjunct Professor of Economics
Broward Community College, FL
Chairman & CEO of Market Power Econometrics & Mgmt Corp., FL

"The key to long-term prosperity is economic growth, which is the most certain way to provide jobs that lift people from poverty. History has shown repeatedly, across the globe, that lower taxes and less government is critical to economic growth, job creation, and prosperity. John Kerry's tax-and-spend, big-government liberalism will lead to less growth, less job creation, and less opportunity for Americans."

- Russell L. Lamb, Economic Consultant
Washington, DC

"The President has signed legislation to lock in the top marginal tax rate (35%) at one half what it was in Jimmy Carter's last days in office (70%). Anyone who does not think that this fundamental tax overhaul has had much to do with the historically vigorous period of economic growth we have had over the last 20+ years is not qualified to claim any knowledge of economics."

- Randall E. Parker, Economics Professor
East Carolina University

"As a former Chairman of President Reagan's Council of Economic Advisers and a member of his Cabinet, I am delighted to endorse President Bush's across the board tax cuts and his support of educational reforms. Those policies have increased job creation and improvements in education will raise the skill level and wages of future workers. Senator Kerry's proposal to raise tax rates on the "rich" will promote lay offs by small businesses, the major employer of US workers. "

- Beryl W. Sprinkel, Ph.D.
Former Chairman of the Council of Economic Advisers

"I live in Silicon Valley – and I can tell you personally how much things have turned around since Bush's pro-growth tax cuts were enacted in May 2003. In his next term, the President needs to work on tort reform to protect America's technology sector from frivolous and predatory lawsuits."

- Donald L. Luskin, Chief Investment Officer
Trend Macrolytics, CA

"John Kerry's plan to raise taxes on the upper income bracket would be devastating to small businesses here in South Carolina. The economy is just beginning a new expansion. To increase taxes at this point would destroy the recovery and set back the economy."

- Dennis S. Edwards, Ph.D., Economics Professor
Coastal Carolina University

"The only way that I see that the Kerry Administration could do the things they want to do economically is to underfund and/of reduce the war against terrorism. Short of doing that, they would have to inflate the economy or increase taxes or both."

- Frank Falero, Ph.D., Emeritus Professor of Economics
California State University

"Senator Kerry's economic proposals, if enacted, will reduce growth, diminish entrepreneurship and stifle the nation's global competitiveness."

- Ernie Goss, Ph.D., Professor of Economics
Creighton University

"It has been estimated that the waste in the current tort system costs each family in America an average of $1300. This is in increased prices and increased costs of insurance. For example, one estimate is that about one-half of the price difference between US and Canadian drugs is due to liability costs of the US tort system. President Bush has worked for tort reform and will continue to do so. Senator Edwards, the Vice-Presidential nominee of the Democratic Party, has been a tort lawyer and has received and continues to receive significant campaign contributions from other tort lawyers, and it is unlikely that a Kerry-Edwards Administration would work to reduce these costs."

- Paul H. Rubin, Ph.D., Professor of Economics and Law
Emory University
notas_de_prensa_archivo