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Article: SKEPTICISM IS VOICED ON BUSH'S ECONOMIC PLAN
- Article from:
- The Boston Globe (Boston, MA)
- Article date:
- June 15, 1988
- Author:
CopyrightCopyright 1988 The Boston Globe. Provided by ProQuest LLC. (Hide copyright information)
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Vice President George Bush's emerging economic blueprint has been
greeted with some skepticism by economists outside his presidential
campaign, who say the proposals are vague and the assumptions
overly optimistic.
Some of those criticisms are shared by advisers to Gov.
Michael S. Dukakis, although they concede that the Democrat's own
economic proposals are also general and lack detail.
The centerpiece of Bush's approach is a plan to reduce the
enormous federal deficit through a "flexible freeze," which he
first proposed before the New Hampshire primary. Essentially, it is
a freeze on domestic spending, allowing for inflation. Social
Security and defense would be exempt from the ...