The time came for Roosevelt and Hitler. That time is here again.
After all, the Bush administration delivered huge tax breaks to the wealthy, the very people described by the former president as his political base.
N. Gregory Mankiw, chair of Bush’s Council of Economic Advisers from 2003 to 2005, advisor to Republican presidential candidate Mitt Romey and now chair and professor of economics at Harvard University, created a stir with his pre-publication release of a new paper entitled, “In Defense of the One Percent.”
Author of the college textbook “Principles of Economics,” Mankiw stands behind conservative political and economic policies whose success has come at a high social cost.
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