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On the Right.(Bush's economic policy; paradoxical current events; campaign fund ethics)(Column)
Is Bush's Economic Policy Enough?
NEW YORK, OCTOBER 8
The complaints we hear that the president hasn't given attention to domestic economic problems recall the wisdom of our ancestors. It is that most economic problems are best met by-doing nothing. Always provided, of course . . .
The basic engines of economic activity have to be in motion. If, for instance, the incentive to work declines as state welfare rises, the lines will intersect at a point that leaves the marginal worker undisposed to bestir himself to work. This complaint is repeatedly made in Germany and Great Britain, where about 10 percent are unemployed year after year. That is a ...
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