Jonathan Chait: “Indeed, the striking fact about the Republican Party is how little it has questioned Bush’s economic program. The central tenets of Bush-era economic doctrine remain as firmly entrenched as ever. All the Republican economic proposals combine deep tax cuts, higher defense spending, and a general refusal to accept that revenues must bear some long-term relationship to likely outlays.”
“The party’s disposition toward Bush’s Iraq War has attracted deep (and warranted) scrutiny. Its disposition toward Bush’s economic policies has not. Despite their bellicose rhetoric, none of the Republican candidates are actually proposing to recapitulate his regime-change policy, in Iraq or elsewhere. It is in domestic policy where Bush-era dogma remains completely unreconstructed.”
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