Well said, YW. The White House should have been doing this from day one!

Frankenlies.com: The truth about the lies of Al Franken; Al debunked ...

The quick thinkers at the White House fired back at NYT:

"President Bush has repeatedly called on Congress to ensure the
long-term health of our economy by making the tax relief (70% for the rich) that is now in place permanent."

I agree 100%, if the rich have more money for yachts, the poor have more yachts to wash.

Poor sajc05, he was so sleep deprived as a middle school student, he had to sleep through his Civics class.

"...he's [Bush] increased spending by trillions ..."

C'mon sajc05, what is wrong with that statement?  You can do it if you think real hard.  That's right: tax bills and spending bills originate in the House of Representatives.  The President is required to submit a budget to Congress, but they are not required to pass his budget.

"...printed off hundreds of billions from the treasury as if it were monopoly money..." shows your ignorance of the Federal Reserve System.  First point, a lot of the currency the Bureau of Engraving and Printing print is printed to replace currency that has become worn and must be replaced.  Second point, most of that currency that is printed is held in the various Federal Reserve Banks until needed, and is not just dumped into circulation.  Third point, most, if not all, of the inflation that we've experienced over the last forty years can be attributed to one of three sources: increases in the minimum wage mandated by Congress (most of the time those Congesses had a Democrat majority), supply shocks (remember the Arab Oil Embargo?), and cost-push inflation, where the cost of resources (including labor) required for the production of good and services increased.

The only result of an increase in the minimum wage is an immediate devaluation of the currency.  It does not help the poor.  It does not help the inexperienced.  It does not help the uneducated.  It does not help, because when the minimum wage increases, all other wages and the corresponding prices also increase.  It also does not help because if an employer has a job that is marginally profitable, a minimum wage increase can, and does, make that job unprofitable, and the employer eliminates that job.  If it won't make him money, it won't be done.

Now, as for your really stupid claim about the tax cuts being only for the rich, and your strawman example, you need to go to the IRS website and look at who pays the taxes.  The top 50% of wage earners pay over 90% of income taxes.  The top 5% pay over 30% of income taxes.  There are a great number of people who don't pay any income taxes, not because they are rich and weasel out, but because they are poor.  As for your snark, who do you think create the jobs in this country?  The poor?  I've never been gainfully employed by a poor person.  They can't afford to pay me.  Are you under the impression that "the rich", those evil S.O.Bs, hide their money under a mattress?  No.  They use that money to invest in new businesses, or to expand established businesses.  Sure, some  of them buy yachts.  It sounds to me like you are jealous of them.  But, for the rich to buy yachts, someone has to build those yachts.  Someone else has to build the instrumentation for the yachts.  Someone else has to manufacture the chemicals for the coatings, dig and refine the metals, manufacture the glass and plexiglass, manufacture the ropes, manufacture the sails or engines and screws (props for non-Navy persons), and yes, I imagine the rich hire people to wash their yachts.

In the meantime, you need to think about what it took for the rich to become rich.  America is filled with those who worked and became rich.  There are some who inherited their wealth, but for the most part, the rich worked for their wealth.  Do you think you are entitled to a penny of it?  If so, what makes you think so?

Those who earned their wealth did so by working 14 to 18 hour days for years on end, and/or spending up to 8 years in college learning a profession while the lazy but greedy socialists were out in the job market in low paying jobs bellyaching about the college boys getting ahead of them.  Grow up and wise up sajc.

Sorry, sajc, I confuse part of your ignorance with that of Biff. All of the above applies to both of you, none the less. Both of you really need to alleviate your ignorance of economics and government processes.

"A communist is someone who reads Marx.  An anti-communist is someone who understands Marx."  Ronald Reagan

...ever suggested that the feds suck it up and drop gasoline taxes? You know...for the children?

I mean, women and minorities are hardest hit by these 'regressive' taxes on common household goods. This is the argument the left uses against the fair tax, right?

Of course not, but the leftist birdcage liner has attacked oil companies repeatedly, going so far as to assume evil intent to them making a...gasp...profit.