Word: krugman
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Dates: during 2000-2009
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Unfortunately, this is the case. About half of the $1.6 trillion tax cut--that's more than half of the projected budget surplus, which is itself a wobbly estimate and is already being spent by Congress--will go to families with an income over $250,000. Princeton economist Paul Krugman estimates that even a family making $80,000 a year would get less than $20 per week off its taxes once the plan was fully phased in; a family making $1 million would get $1,000 per week. Giving surplus money back to the people is the backbone of self...
...always excellent Paul Krugman on the phantom surplus. Memorize...