Wednesday, July 16, 2003

Got bad news? Just delete it:
Earlier this year, a study predicting mediocre job growth from Bush's proposed $674 billion economic stimulus plan disappeared from the Council of Economic Advisers' Web site. The study forecast an average increase of only 170,000 jobs—0.1 percent of the workforce—every year through 2007. The study was pulled just after a major Jan. 7 Bush budget speech to the Economic Club of Chicago. "In the out years, by their own estimate, their plan is a job and growth killer," says Jared Bernstein, economist at the Economic Policy Institute. "Instead of doing what serious analysts would do and going to the drawing board to re-evaluate, they just took the offending document off the Web site."
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