Editorial

Right on the economy

San Diego (Calif.) Union-Tribune

Several weeks ago, President Bush said: "You don't raise taxes when an economy is recovering. Matter of fact, lower taxes will help enhance economic recovery."

The president's words were greeted with derision by his hard-core critics. ...

Well, what a difference several weeks make. The Commerce Department reported that the U.S. economy grew at a stunning 7.2 percent annual rate in the third quarter. That's the fastest pace in nearly two decades -- since Reagan the tax-cutter was in the Oval Office. ...

President Bush was right to stick to his tax-cutting policy, even as critics declared it a bust. His faith in tax cuts has been vindicated by the recent growth in the economy, a harbinger of prosperous months and quarters to come.

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