Wednesday, October 06, 2004

Economist Max Sawicky senses a disturbance in the farce

MaxSpeaks, We listen: 165 B-School professors get all up in Bush's grille.
Open Letter to President George W. Bush

October 4, 2004

Dear Mr. President:

As professors of economics and business, we are concerned that U.S. economic policy has taken a dangerous turn under your stewardship. Nearly every major economic indicator has deteriorated since you took office in January 2001. Real GDP growth during your term is the lowest of any presidential term in recent memory. Total non-farm employment has contracted and the unemployment rate has increased. Bankruptcies are up sharply, as is our dependence on foreign capital to finance an exploding current account deficit. All three major stock indexes are lower now than at the time of your inauguration. The percentage of Americans in poverty has increased, real median income has declined, and income inequality has grown.

The data make clear that your policy of slashing taxes – primarily for those at the upper reaches of the income distribution – has not worked. The fiscal reversal that has taken place under your leadership is so extreme... [More
So shrill! 165 professors, Aguilar to Zipkin, American to Yale. Your school here?
Harvard Business School

MIT Sloan School of Management

Graduate School of Business, Stanford University

Marshall School of Business, University of Southern California

College of Business Administration, Marquette University

McCombs School of Business, University of Texas at Austin

Kenan-Flagler Business School, University of North Carolina

Kogod School of Business, American University

Terry College of Business, University of Georgia

Freeman School of Business, Tulane University (Yay!)

Yale School of Management

Eller College of Management, University of Arizona

College of Business, San Francisco State University

Graduate School of Business, Columbia University

College of Business Administration, University of Central Florida

Graduate School of Management, University of California, Irvine

Fuqua School of Business, Duke University

Richard T. Farmer School of Business, Miami University

UCLA Anderson School of Management

Carlson School of Management, University of Minnesota

Rutgers Business School, Rutgers University

UCLA Anderson School of Management

Marshall School of Business, University of Southern California

Chapman Graduate School of Business, Florida International University

University of Michigan Business School

Daniels College of Business, University of Denver

Darden Graduate School of Business Administration, University of Virginia

College of Business, San Francisco State University

Tuck School of Business at Dartmouth

College of Business, Colorado State University

School of Business, College of William & Mary

College of Business, University of South Florida

Boston University School of Management

College of Business, Marquette University

The Wharton School, University of Pennsylvania

School of Business, University of Wisconsin-Madison

Stern School of Business, New York University

Katz Graduate School of Business, University of Pittsburgh

Fuqua School of Business, Duke University

College of Business, University of Cincinnati

College of Business Administration & Economics, New Mexico State University

Graduate School of Business, Stanford University

Kellogg School of Management, Northwestern University

Lundquist College of Business, University of Oregon

Marshall School of Business, University of Southern California

Leavey School of Business, Santa Clara University

College of Business and Technology, Benedictine University

Carroll School of Management, Boston College

W.P. Carey School of Business, Arizona State University

Graduate School of Business, Columbia University

Eller College of Management, University of Arizona

Terry College of Business, University of Georgia

Business School, University of Colorado at Denver

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