Partly as a result of the recent turmoil on Wall Street, there has been more discussion of Republican and Democratic economic policies. This strikes me as a salutary shift. Unfortunately, I’m afraid that much of the discussion is based on false/misleading information. For example, here are two claims that I’ve heard very often recently: (1) the current Bush administration created a lax environment for Wall Street firms by extensive deregulation and (2) the same Bush administration slashed taxes on the very wealthy. Can anyone tell me a bit more about this? The reason I ask is that I thought both deregulation and the cutting of taxes might more fairly be attributed to the Clinton administration than to the Bush administration. If that’s right, then it would be misleading at best to blame the Republicans for those actions. But I don’t know enough about either administration’s activities to be confident about that. So does anyone know more about this?