Bush: "I Wish They Weren't Called The Bush Tax Cuts"

from The New Editor by tpelia@yahoo.com (Tom Elia):

Bush: "I Wish They Weren't Called The Bush Tax Cuts": Remember when the US had a president who had a passing familiarity with economics?

From Real Clear Politics: (video at link)

"If the goal is private sector growth, you've got to recognize that the best way to achieve that growth is to leave capital in the treasuries of the job creators," former President George W. Bush said this morning in New York.

"If you raise taxes, in other words if you let the -- I wish they weren't called the 'Bush tax cuts.' If they're called some other bodies tax cuts, they're probably less likely to be raised. But if you raise -- if you raise taxes, you're taking money out of pockets of consumers."

The last bit sounds Keynsian doesn't it? It is not; the money the consumers spend is theirs not by redistribution but by earning it.