They'd (lawmakers) would like to get a lot of these things out of the way before the end of the year. |
This second round of tax cuts was probably the high point, domestically, of Bush's administration. No sooner were they put in place, then the GDP (gross domestic product) growth hit 4 percent and it's been there ever since. |
What they know is that the actual answers to increase supply or take down demand offer no quick fixes. |
What we have is a chance for Congress and president to take a really long hard look at 40 years of social welfare failure in that region and try to reverse that. You don't want to reconstitute the New Orleans school system the way it was. You don't want to reconstitute public housing projects the way they were. You want to change it. |
What you have here is a unique opportunity where the entire infrastructure of a pretty big region was decimated -- both the social infrastructure and the economic one, |
You look at the relationship between 50 state sovereigns and the federal government, and the states always come out on the short end of the stick. They've consistently traded autonomy for cash, and they've consistently wound up with neither. |