The NYT Gets It Wrong: Bill Clinton and Gene Sperling Did Not Create the Earned Income Tax Credit, Richard Nixon Did
|Wednesday, 05 January 2011 22:07|
The NYT ran a blognote providing background on Gene Sperling, who is likely to be selected as President Obama's new National Economic Advisor. At one point the post refers to Sperling's work in the Clinton administration and told readers that he is:
"particularly proud of the work he and colleagues did to create the Earned Income Tax Credit."
Actually the Earned Income Tax Credit was a Nixon administration policy that first took effect in January of 1975.
[Addendum: the NYT has now corrected the post. Also, the EITC law was actually signed by Ford after Nixon resigned.]