The current pace of economic growth has “been worse than average,” the Center on Budget Policy Priorities laments today, although that didn’t stop the Federal Reserve from raising interest rates again today. In fact, the tax cuts of 2001 and 2003 were dispatched in vain, the think tank’s paper suggests, advising that “the economy’s overall performance does not make up for the adverse fiscal effects of the recent tax cuts or the unusually uneven distribution of the economic gains from this recovery.”