Abstract
In his article, Dr. James F. Smith reminds readers that despite all the gloom and doom, the U.S. economy is the strongest in the world, with low inflation and low interest rates. He believes that the outlook is excellent for successful turnarounds in the next two years. He outlines why President Bush's tax proposals would be good for the economy and why economic efficiency would be improved by repealing the federal income tax and replacing it with a flat tax on spending.
- © 2003 Pageant Media Ltd
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