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Article: A daunting triple alliance: will the Federal government ever display enough courage--or know-how--to contain the triple-headed beast of Social Security, Medicare, and Income Tax reform?(Economics)(Column)
- Article from:
- USA TODAY
- Article date:
- May 1, 2005
- Author:
CopyrightCOPYRIGHT 2005 Society for the Advancement of Education. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NOW THAT THE ELECTION campaigns are well behind us, we can look at the economy in a more dispassionate way. In that light, 2004, as widely anticipated, registered the strongest economic performance in quite a while. The combination of tour percent growth, two percent inflation, and rising employment does not quite qualify last year for the Guinness Book of World Records, but there is little reason to don sackcloth and ashes.
Of course, when assessing 2005 and beyond, there is no shortage of economic problems facing the nation. Policymakers in Washington are dealing with a variety of challenges. Let us start with the announced policy agenda of the Bush ...