Even though 450 prominent economists including 10 Nobel prize winning economists published a public statement opposing the 2003 Bush tax cuts during the debate AND accurately predicted the consequences of doing so, we still have the crazy Republican Party trying to keep them in place for those who benefited most from this failed policy. Someone please tell me which one of these consequences of the Bush tax cuts didn't come true. 1) ...will increase inequality (Check) 2) ...and the budget deficit (Check) 3) ... decreasing the ability of the U.S. government to fund essential services (Check) 4)... while failing to produce economic growth (Check) Economists’ Statement Opposing The Bush Tax Cuts The Economists’ statement opposing the Bush tax cuts was a statement signed by roughly 450 economists, including ten of the twenty-four American Nobel Prize laureates alive at the time, in February 2003 who urged the U.S. President George W. Bush not to enact the 2003 tax cuts; seeking and sought to gather public support for the position. The statement was printed as a full-page ad in The New York Times and released to the public through the Economic Policy Institute. According to the statement, the 450 plus economists who signed the statement believe that the 2003 Bush tax cuts will increase inequality and the budget deficit, decreasing the ability of the U.S. government to fund essential services, while failing to produce economic growth.