I have two bones to pick with the paper.
First, it dismays me to see the persistence of shallow, ill-informed reporting on the economy.
There are many dimensions to economic theory, so you would do your readers well to present at least more than one. For example, there is a valid argument that tax cuts do not, in and of themselves, cause deficits. Furthermore, deficits do not result in higher interest rates or inflation; in fact, there is no economic link between the two. A quick history check will demonstrate that tax cuts by President Ronald Reagan helped generate a huge economic expansion that lasted until the late 1990s. Conversely, maintaining high tax rates will not keep deficits down or in any way reduce government spending. Indeed, by subtracting incentives for growth and penalizing any rise in income, high tax rates and tax increases can stall economic growth, reduce tax revenues and, ultimately, force the government to resort to deficit spending.
Second, if I were interested in the slanted, leftist views of the editors of the New York Times I would buy that paper. When articles from the New York Times appear on the front page of the Chicago Tribune, as they have recently, I question your commitment to independence and balanced reporting.
