Louis Uchitelle

NYT's Louis Uchitelle's Snide Criticism of Supply-Side Tax Cuts

By Clay Waters | March 26, 2008 - 13:18 ET

Supply-side tax-cutters are on the march again, warned Times economics reporter Louis Uchitelle on the front page of Wednesday's Business Day -- "A Political Comeback For Supply-Side Doctrine -- Debate on Tax Theory Now Focuses on the Wealthiest."

(The Times's international edition headline over Uchitelle's story had the slant of an opinion piece: "McCain sticks to supply-side economics despite evidence it doesn't work.")

Uchitelle's NYT piece began snidely:

When Ronald Reagan ran for president in 1980, he promised to cut taxes in what seemed, at the time, a magical way. Tax revenue would go up, not down, he said, as the economy boomed in response to lower rates.

Topics: