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Presents the author's view on the changes to the American social security system proposed by U.S. President George W. Bush. Review of comments made by Bush during his Republican nomination acceptance speech; View that Bush is proposing an ownership society and changes to Social Security that would shift the risks and costs of the system onto the workers most disadvantaged by the social and economic shifts of the last generation; Suggestion that the major domestic challenge of the twenty-first century is to give workers economic security in a transformed world; View that Republican plans for tackling insecurity continually promise one thing and do another.

Presents a speech by George W. Bush, President of the U.S., delivered to the Detroit Economic Club in Detroit, Michigan on February 8, 2005. Commitment of the Bush administration to economic development; Challenges posed by the national security initiative of the government; List of economic reforms aimed at reducing the federal budget deficit.

Criticizes the tax cut policies of United States President George W. Bush, which are characterized as being regressive and harmful to the U.S. economy. In 2003, federal income tax revenue as a share of the economy is projected to fall to its lowest level since 1943. Yet Bush has not proposed raising taxes down the line, or even freezing future tax cuts, but rather is cutting them even more. Just like Bush, former President Ronald Reagan used his first year in office to enact a series of tax cuts tilted toward the well-off that helped plunge the nation into debt. Indeed, Bush--who cut taxes in 2001 and 2002 (a "stimulus" tax cut consisting mainly of business incentives and forgotten by nearly everyone) and is certain to cut them again this year--intends to cut taxes every year he remains in office.There must be some theoretical limit to this administration's desire to cut taxes for the affluent. But there's no sign we have come anywhere near that point. In keeping with its past behavior, the administration has concocted a series of public defenses for its tax cut that bear no relation to its actual purposes. There is, first of all, the usual attempt to put a populist face on a regressive measure. The Bush administration has hit upon another tactic to sell the dividend-tax repeal: Pitch it as a tax cut for the elderly. In order to pump some money into the economy today, it would require hundreds of billions of dollars in long-term revenue loss that will take place long after the economy has recovered. Understanding why this theory is wrong doesn't take a deep familiarity with economic research, just a bit of common sense.

Examines the social impact of an economic reform proposal made by United States President George W. Bush. End to taxation on dividends; Income tax cuts; Investment incentives for small businesses; Distribution of dividends, interest and other capital income; Scenarios in which these proposals work and do not work to stimulate the economy; How these proposals work; Benefits of these proposals for workers, who would be affected by the drop in unemployment; Positive characterization of these reforms.

Comments on the economic plans of United States President George Bush following his party's November 2002 election victory. Personal tax cuts; Reforms of pension rules, including contributions to 401(k) and individual retirement accounts; Business tax breaks; Unemployment aid for laid-off workers; Investment incentives; State bailouts. INSET: The Options.

Focuses on U.S. President George W. Bush and his response to the corporate scandals plaguing the nation. Criticism of his policies for cracking down on deceitful chief executive officers; Assertion that Bush, despite having a masters of business administration degree, has not been able to find an easy remedy for the corporate scandals and an economic meltdown; Criticism of his economic advisers, including Paul O'Neill, Glenn Hubbard, and Donald Evans. INSET: WHO'S GOT THE JUICE.

The article highlights how the U.S. could endanger itself from within due to the growing national debt amounts to a form of "inter-generational theft" that Congress must address, as of September 2018. Topics discussed include solvency of the U.S. and the balance between commitments and power that has been highlighted in the book "U.S. Foreign Policy: Shield of the Republic" by Walter Lippmann; the U.S. debt that jumped from jumped to 10.6 trillion U.S. dollars during the U.S. president George W. Bush administration to 19.9 trillion under Barack Obama though Donald Trump said in 2017; and failure of the U.S. since 1945 in imposing war taxes and relied on borrowing to finance its foreign wars, whether in Vietnam, Iraq or Afghanistan.

The article discusses the fiscal policy of U.S. President George W. Bush and the outlook for the federal budget. The President plans to use his State of the Union address to talk about fiscal restraint. His aversion to big government programs will be emphasized while "earmarks" are inserted into legislation. Statistics are given showing the projected deficit and government spending across categories. Information is given about the number and cost of pork-barrel projects included in this year's federal budget.

Examines the social and economic policies proposed by U.S. President George W. Bush. View that the proposed privatization of Social Security funds lacks support from lawmakers; Discussion of Bush's concept of an "ownership society," and the policies inspired by the concept; View that the concept of an ownership society will benefit corporations and expose individuals to economic risk; Criticism for the tax policies proposed by Bush; Context of the ownership society concept in the political and economic history of the U.S.

The article focuses on the Social Security reform policies proposed by U.S. President George W. Bush. With the State of the Union behind us, the Battle for Social Security now officially begins--again. The President's cynical distortions are fully engaged--"crisis" and "bankruptcy" having replaced "weapons of mass destruction" in his fearmongering rhetoric. Bush's cruelest distortion lies in forcing the political system to confront the wrong problem. The crisis is not Social Security. It is retirement security in general--Medicare most obviously, but also the medley of employee pension plans shrinking in value and the collapsed private savings of American households. Social Security is the only income for one-fifth of retirees, and it is the principal source of income for two out of three retired Americans. When the other pillars of retirement security are weakening, it is especially irresponsible to tamper with it. Restoring a stable system of retirement security (assuming Social Security survives the Republican assault) is a gigantic challenge that requires a much stronger role for the federal government. Social Security is that practical ideal. We do not think Americans are ready to give up on it.

Looks at economic policies in the U.S. as of February 7, 2005. Discussion of Social Security reform proposals; Support of Republican legislators for funding Social Security through private accounts; View that placing funds in private accounts is risky; Details of the financial stability of Social Security; Arguments against increases in payroll taxes; Potential for the George W. Bush administration to enact benefits cuts.

Analyzes tax reform policies proposed by U.S. President George W. Bush. Details of historical tax legislation, including the Tax Reform Act of 1986; Discussion of the impact of the 1986 legislation; Formulation of a five-step process of tax reform plan by Bush allies; Goals of the tax plan proposed by Bush; Criticism for the implication of the plan.

Claims that none of the U.S. presidential candidates has come up with a viable plan for creating more jobs. Report that President George W. Bush and Democrats John Kerry and John Edwards have been touting their plans for reducing unemployment on the campaign trail; Report that a recent poll showed that 41% of Americans view jobs or the sluggish economy as their top concerns; Claim that the drop in employment rates during the last few years and the trend towards offshoring of white-collar work have become serious political liabilities for Bush; Discussion of Kerry's and Edwards' proposals to create tax incentives for U.S. businesses to keep employment at home, and to roll back Bush's tax cuts for the wealthy; Discussion of the Democratic candidates' move away from free trade and towards protectionism; Details of Bush's plan for boosting employment with tax cuts and tort reform; Claim that the approaches of both parties would likely curb growth. INSET: Jump-starting The Job Machine.

Dismisses as election-year gamesmanship a five-year budget proposal by U.S. president George W. Bush that he claims would cut the federal deficit in half. Details of the Bush administration's plans for reducing the deficit, which include a freezing of domestic spending unlikely to be approved by Congress; Observation that the Bush proposal does not include the additional spending likely to be needed in Iraq and Afghanistan; Charge that the administration is trying to hide the long-term costs of the new Medicare drug law by failing to offer ten-year projections; Prediction that members of Congress will battle proposed cuts to transportation spending and new subsidies to energy companies; Reactions of Republicans to the budget deficits; Speculation about whether the Congress will agree to make permanent Bush's tax cuts; Claim that Bush's problem is his unwillingness to make cuts in the biggest areas of government spending: defense and entitlement programs such as Social Security and Medicare. INSET: Mopping Up The Red Ink.

Focuses on the attempt of the administration of United States president George W. Bush to create a trade policy that will satisfy U.S. workers without appearing protectionist abroad. Threat of a trade war with China and Europe; Imposition of restrictions on Chinese textile imports; Plan to drop illegal tariffs on imported steel; Implications of the U.S. deficit on foreign trade; Deadline for the lifting of steel tariffs; Diplomacy needed to avoid major conflict. INSET: Trade Troubles.

Claims that unemployment may become a defining issue of the 2004 presidential election. Examples of speeches by President George W. Bush and Democratic presidential candidates in which they promised to restore jobs; Frustration among Americans at unemployment levels and fears about losing jobs; Examples of industries and companies that are still laying off workers; Concerns about manufacturing jobs moving abroad; Polls that show Americans are now more concerned about their financial future than about terrorism and war; Potential advantage enjoyed by the Democrats, who are viewed as being better at handling employment issues than the Republicans; Signs that Bush and Republicans in Congress are nervous that the unemployment issue could cost them the election in 2004; Skepticism among workers in the manufacturing industry about Bush's plans to create a manufacturing czar; Effects of tax breaks and China's low currency exchange rate and unfair trade practices on unemployment; Economists' views on how more jobs could be created.

Discusses how U.S. President George W. Bush's tax cut will affect the long-term growth of the economy. Provision of the tax law affecting investors; Percentage of increase in gross domestic product expected in 2004 with the introduction of the tax cuts; Improvement in the stock markets; Effects of tax cuts on the manufacturing, technology, retail and financial services industries. INSET: Who Will Benefit.

Comments on the economic policies and budget stand of the administration of U.S. President George W. Bush. Factors that President Bush blamed for the existence of budget deficits; Economic strategy developed in the first year of the administration of former U.S. President Bill Clinton which the Bush administration criticizes; Claim that the Bush administration is denying the premise that deficits affect interest rates.

Focuses on the attitude of the U.S. government under President George W. Bush towards world economy. How foreign policy has changed since his father former President George Bush's time to his administration; Focus on the U.S. economic policy and its economic relationships with Japan; Views of Paul O'Neill, secretary of the Treasury on the government's relationships with Japan; View that if the Bush administration's takes as long to figure out Japan as the Clinton administration took to figure out the Balkans, the United States could have a serious financial crisis.

A reprint is provided of the article "Factor Finders," by Jonathan Chait, which appeared in the February 28, 2005 issue. It discusses the differences between U.S. conservatives and liberals in their reliance on empirical facts in devising government economic policies. An overview of the former President George W. Bush's economic policy plans to privatize Social Security and cut taxes is provided.

The article looks at the potential economic recovery in the U.S. in 2011 and the effectiveness of the economic stimulus. It provides an overview on how former President Ronald Reagan revived the economy through his stimulus and tax cuts and why the policies of former President George W. Bush failed to do so. A study by Mark Zandi of Moody's Analytics and Alan Blinder of Princeton University found that real gross domestic product (GDP) would have been 11.5% lower and there were 8.4 million fewer jobs in 2010 if there was no stimulus.

Criticizes the so-called neoconservative officials in the administration of U.S. President George W. Bush for measuring U.S. power solely by military might. Decline of the U.S. global economic leadership; Examination on the defects of the economic policy of the Bush administration; Views of the neoconservatives about globalization; Foreign policy stand of the neoconservatives.

Discusses the economic policy of U.S. President George W. Bush in 2004. Discussion on the budget deficit of the country; Impact of Bush's decision to cut the tax; Increase in the number of unemployed; Information on the growth of disposable personal income.

Contends that tax cuts do not benefit the middle class, nor do they create jobs or growth. Fervor and political power of the tax-cut movement in the U.S.; How the mismatch between benefits Americans expect to receive from the government and the revenues government collect is having profound effects at state and local levels; Assessment of the overall level of taxes; Comparison of taxes across countries; Doctrine of so-called supply-side economics; How former President Ronald Reagan's tax cuts led to large budget deficits; Growth of the economy during the term of President Bill Clinton; Strategy of President George W. Bush's tax cuts; Outlook for a fiscal crisis.

Reports that U.S. Congress is looking at foreign aid based on the war on terrorism, debt relief and assistance to those countries that have embraced political and economic reforms. Factors that provide impetus to spending more on foreign aid; Problems associated with improving foreign aid; Approval by the U.S. Senate to a resolution increasing foreign aid; Goal of U.S. President George W. Bush's proposal to double U.S. foreign aid.

Focuses on the failure of United States President George W. Bush to intervene in the dispute between the Republican and Democratic parties over his 2002 economic stimulus bill. Political implication of the proposed economic stimulus package; Risks of Bush intervention; Details on the proposal.

Analyzes whether pessimistic statements made by United States President George W. Bush and any political figure regarding the economy, negatively affected the opinions of consumers and investors. Impact of the statements on the corporate sector; Results of a survey on consumer confidence; Business operations in North Clark Street, Chicago, Illinois; Percentage of economy pessimists who based their opinion on television and newspaper reports.

Discusses U. S. President George W. Bush and the federal budget for 2006 through 2010. Suggestion that the budget largely ignores the costs of Bush's top priorities, including Iraq, restructuring Social Security, and taming the Alternative Minimum Tax; Likelihood that the budget will spotlight initiatives that are unlikely to save much money, such as slowing the growth in federal funding for Medicaid; Claim by administration officials that the White House does not yet have a specific plan as to the cost of Bush's Social Security program; Projection of savings in the budget by holding down growth in government spending; Proposal for a virtual freeze in domestic discretionary spending. INSET: The President's Budget.

Examines the views of U.S. President George W. Bush on Social Security reform. Plans of Bush to include Social Security reform in the content of his 2005 State of the Union address; Efforts of Bush to engage support for his reform plans among legislators; Objections of both conservative and liberal politicians to Bush's proposals; Political impact of Bush's Social Security proposals.

The author argues that one good economic quarter does not mean that U.S. President George W. Bush's tax cuts have been effective in bringing about an economic recovery. When the news broke last week that the economy had grown at a 7.2 percent annual rate last quarter, it didn't take long for President Bush and his supporters to spring into action. "The tax relief we passed is working," gloated the president in an Ohio speech. "Democrats won't give Bush credit for gains," accused a Washington Times headline. At this point, it's worth recalling what us "naysayers" actually said. First, we protested that Bush's 2001 tax cut, and the two that followed, were highly regressive. Certainly nothing has happened to weaken this case. Second, we predicted the tax cuts would leave the government strapped at a time when it needed to prepare for the baby-boomer retirement. With deficits projected to total $5 trillion over the next decade, I'd say we've been vindicated on this point. And, finally, we argued that, in the long run, higher debt would harm the economy. By "the long run," I should note, we didn't mean "the third quarter of 2003." Alas, it was inevitable that the first quarter of rapid growth, whenever it came, would bring demands that tax-cut critics repent. Yet it's not as if Bush has brought about a particularly fast recovery. The debate wasn't over whether the tax cut would boost the economy; it was over how best to do so. The tax cuts are buying relatively little gain considering their enormous price.

Presents the opinions of the author about U.S. President George W. Bush's tax-cut bill. Features of the bill, including a general income-tax-rate cut and a tax break for dividends; Observation that the bill is an intellectual and political victory for Bush; Opinion that the bill shifts the tax burden from the rich to the middle class; Effects of September 11th on the U.S. economy; Reasons Bush plans to eliminate double taxation of dividends; Opinion of the author that Bush's plan does not make sense.

Reports on declining approval ratings for United States President George W. Bush during a period in which his administration has angered many allies and alienated U.S. voters. Effect of his economic policies on his decreased ratings; His vulnerability to a Democratic candidate in 2004; Effects of an uncertain economic period prior to a war with Iraq; Outlook.

Presents news briefs related to United States politics and government as of February 10, 2003. Efforts of supporters of President George W. Bush's tax cut proposal to convince people that U.S. taxpayers will receive an average $1000 tax cut, which they will not; Decision of the Bush administration to stop relying on ten-year budget surplus projections, which is considered herein too late to aid the U.S. economy, which has declined since he was elected; Use of liberal rhetoric by Bush to defend his conservative health care agenda during the 2003 State of the Union speech; Others.