"More of the same won't work"

By Geraldine Sealey
Published October 7, 2004 3:11PM (EDT)

Business and economics professors school Bush on the harm he's done to the economy:

"Sensible and farsighted economic management requires true discipline, compassion, and courage -- not just slogans. Given the tenuous state of the American economy, we believe that the time for an honest assessment of the problem and for genuine corrective action is now. Ignoring the fiscal crisis that has taken hold during your presidency may seem politically appealing in the short run, but we fear it could ultimately prove disastrous. From a policy standpoint, the clear message is that more of the same wont work. The warning signs are already visible, and it is incumbent upon all of us to pay attention."

Geraldine Sealey

Geraldine Sealey is senior news editor at Salon.com.

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