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_______________________________"It is fatal to enter any war without the will to win it." ~ General Douglas MacArthur ___________________________________________________________________"As long as I'm the President, we will stay, we will fight and we will win the war on terror." ~ President George W. Bush ___________________________________________________________________"The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy." ~ Martin Luther King Jr. ___________________________________________________________________"Only two things are infinite, the universe and human stupidity, and I'm not sure about the former." ~ Albert Einstein ___________________________________________________________________"He that would live in peace and at ease, must not speak all he knows nor judge all he sees." ~ Benjamin Franklin ___________________________________________________________________"To see what is right, and not to do it, is want of courage or of principle." ~ Confucius ___________________________________________________________________"We will confront emerging threats before they fully materialize. And if you harbor a terrorist, you're just as guilty as the terrorist." ~ President George W. Bush ___________________________________________________________________"We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle." ~ Winston Churchill ___________________________________________________________________"And so, my fellow Americans: Ask not what your country can do for you - ask what you can do for your country. My fellow citizens of the world: Ask not what America will do for you, but what together we can do for the freedom of man." ~ John F. Kennedy ___________________________________________________________________"We have room for but one flag, the American flag ...We have room for but one language here and that is the English language ...and we have room for but one sole loyalty, and that is a loyalty to the American people." ~ Theodore Roosevelt ___________________________________________________________________"Righting America - One Reader at a Time." ~ Timmer

Wednesday, October 04, 2006

USA TODAY Reports But Downplays Tax Cuts

You know, I happen to like the USA TODAY - despite its obvious leftward lurches and borderline treason with publishing sensitive national security information. They have a great Sports section, the Life section is very informative and entertaining, the Money segment is often useful and enlightening, and even the Travel features are great too. But when this newspaper reports a good news story for the Bush administration, it has to carefully couch it in some kind of criticism.

Case in point: A recent article's headline reads "Income Tax Cuts Benefit All Players," but then its sub-headline (in the actual paper) reads "Bush changes still put burden on middle earners."

This article then goes on to sprinkle barbs and criticisms on top of all the good news. While it points out that "those earning 75-500K are shouldering a larger share of total taxes paid as millions more of them earn higher incomes and get hit with the "Alternative Minimum Tax," it calls them "middle earners" in order to resonate more with the reader.

Wait a minute! Is the median income in America really somewhere between 75 and 500 G's? I think not! Turns out, the average American income is around 46K...well short of the 75K minimum described as "middle class."

WAY DOWN on this article, some facts begin to emerge:
  • Millions of lower-income Americans (25K or less), have been taken off of the federal tax roles.
  • Income for the highest-earning Americans dropped sharply from the 2000-2002, following the end of the bull stock market of the late 1990s, then grew rapidly from 2002 to 2004 as the economy recovered.
Apparently, President Bush's Tax Cuts are working for everyone. Along with the new record of 11,850.61 achieved by the DOW and dramatically falling gas prices, the U.S. economy is still a "bull market," regardless of how the liberal media and the minority party would like to paint it.

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Retired Navy and Cold War/Gulf War Veteran. Senior Analyst for a large defense contractor, Bachelor of Science, Father, moonlighting Graphic Designer (T-shirts etc) and Blogger.


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