10.19.2004

Paul Krugman on Tax Cuts and the Draft

From today's Times:

Those who are worrying about a revived draft are in the same position as those who worried about a return to budget deficits four years ago, when President Bush began pushing through his program of tax cuts. Back then he insisted that he wouldn't drive the budget into deficit - but those who looked at the facts strongly suspected otherwise. Now he insists that he won't revive the draft. But the facts suggest that he will.