Bush Economic Hands Skittish On Obama Tax Deal: 'i'd Take Gridlock' Instead

WASHINGTON -- President Obama may not be able to shake the legacy of his predecessor's economic policies, succumbing to the "trap" they put in place with respect to tax cut policy, as former Bush political hands gleefully noted. But among the economic advisers that staffed the pervious White House, the consensus on the deal that Obama cut to extend the current rates for at least two more years is decidedly mixed, if not somewhat sour.Andrew Samwick, a Dartmouth professor who served as Chief Economist on the staff of the United States President's Council of Economic Advisors from July 2003 to July 2004, posted a little noticed column earlier this week under the less than subtle headline: "If This Is Working Together, I'll Take Gridlock." Read More... More on Bush Tax Cuts

 

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