The Essential Guide to the Bush Tax Plan by Paul Krugman, Norton. 128 pp. $17.00
PAUL KRUGMAN is an economist at Princeton University and a twice-weekly op-ed columnist for the New York Times. The two occupations would seem to be conjoined in Fuzzy Math, a slim but energetic polemic against the tax-cut proposal that George W. Bush made the centerpiece of his 2000 presidential campaign.
The timing of Krugman’s book turned out to be inauspicious: Fuzzy Math had barely made its way to bookstores before Congress reached final agreement in late May on a major tax cut only slightly modified from what Bush had proposed. Krugman’s “Essential Guide to the Bush Tax Plan” is thus somewhat less essential than it might have been. But in any case, the illumination it casts on the debate over the tax cut is mostly of the inadvertent kind.