Word: kuttner
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Dates: during 1980-1989
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...weeks ago, Assistant Professor of Economics Lawrence Lindsay, an adviser to Vice President George Bush and Robert Kuttner, a pro-Michael S. Dukakis columnist, debated the future economic course of this country at the Kennedy School. They talked a lot about the trade debt, the budget deficit and the impact of proposed programs on the rich and middle class...
Neither Lindsay nor Kuttner mentioned the poor. That meant blantantly ignoring the existence of almost one-sixth of the population. Lindsay, enraptured in his joyous account of the past eight years, even went as far as declaring, "It is impossible to find a major group in the population that has not gained...
Lindsay didn't clarify his erroneous statement, and Kuttner didn't make any effort to correct him. Kuttner repeatedly said that Democratic proposals were geared to the "working man and woman" or "the middle class." Not even the Democratic representative chose to address the problems of the poor...
...point this mutual omission became all too obvious. Lindsay trumpeted the fact that the median family income in the United States has risen by $200 over the last eight years. Kuttner responded that while the richest 30 percent of the population did gain, the bottom 70 percent lost...
...truly fair and equitable solution to the Reagan deficits must derive the bulk of its revenues from the big gainers of the last eight years: wealthy citizens and corporations. Kuttner suggests, among other things, holding the top income tax rate at 38.5 percent, rather than allowing it to drop to 22 percent as prescribed by the new tax laws...