‘I’m a Supply-Sider’
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
President Bush had a bit of fun at his press conference with the fact that he wasn’t a top student. He said he got a B in Economics 101, adding, after one of his famous pauses, “I got an A, however, in keeping taxes low. . . .” And when the laughter died down and the questions continued he showed over and over again that he has a profound understanding of the economy and of his own policies – and of where he fits in to classical economics.
The president had been asked whether his feelings were hurt by the criticism he received from Alan Greenspan or some of the figures who have left his administration. “My feelings are not hurt,” the president replied. He said he disagreed with Mr. Greenspan when it comes to handling the fiscal issues. “The deficit, as a percent of GDP, is low,” the president said. “It’s lower than the 30-year average.”
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