Seattle paper admits Bush tax cuts worked

WorldNetDaily.com ^ | Thursday, Thanksgiving Day, November 27, 2003

[JohnHuang2]

Seattle paper admits Bush tax cuts worked
Post-Intelligencer often criticized by readers for liberal bias

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Posted: November 27, 2003
1:00 a.m. Eastern

© 2003 WorldNetDaily.com

Seemingly surprised at its own conclusion, the Seattle Post-Intelligencer has uncharacteristically confessed President Bush's tax cuts have contributed to the recent economic upsurge.

The paper, noting the economy grew at a blistering 8.2 percent annual rate in the third quarter, said in an editorial yesterday, "We even think it's fair to credit the president's economic policies – including the tax cuts – for the recent economic gains. (Did we really say that?)"

The editorial then presented a caveat to the good economic news, however, its recommendation also had a conservative ring to it, essentially urging the Republican-led Congress to reduce spending.

Meanwhile, Democratic candidates continue to assail the tax cuts, including Rep. Richard Gephardt, D-Mo., who promises in a new television ad to get rid of the cuts in order to guarantee health insurance for all if he is elected.

Front-runner Howard Dean says he would repeal President Bush's tax cuts to help double the nation's investment in early childhood education by spending $110 billion over 10 years.

President Bush said the third-quarter explosion announced this week vindicates the massive cuts he pushed through Congress.

"This economy of ours is reacting to our policy," he said, speaking at a fundraiser in Las Vegas Tuesday. "The American economy is strong and it is getting stronger."

The president told cheering supporters: "Productivity is high; business investment is rising; housing construction is strong; the job base is expanding: The tax relief we passed is working."

The 8.2 percent pace is the highest since 1984, in the wake of President Ronald Reagan's tax cuts.

The rate, which stunned analysts, was more than double the 3.3 percent expansion of the second quarter.

"We are laying the foundation for greater prosperity and more jobs across America so that every single person has a chance to realize the American dream," said Bush.

[JohnHuang2]

Thursday, Thanksgiving Day, November 27, 2003

Quote of the Day by w_over_w

[SunTzuWu]

"We even think it's fair to credit the president's economic policies – including the tax cuts – for the recent economic gains. (Did we really say that?)"

Now I've seen everything. I guess that means I can finally go to bed. (/lights)

[Bonaparte]

Gee, the SP-I somehow forgot to mention that those Republican tax cuts that just revived our economy were attacked fang-and-claw by the democrats.

[gaspar]

You can throw billions at the American education system and nothing will change until you do three things: enforce discipline in the classroom and the schools themselves; enforce a classical curriculum of the three Rs from K-12; demand professional appearance and behavior by teachers and administrators themselves. In other words, expell, compell, and excell.

[ImpBill]

Good to see a liberal rag admit this.

"...essentially urging the Republican-led Congress to reduce spending."

I really am beside myself these days. The world is upside down. GW and the GOP is spending us right back into the position that somewhere down the line the "tax cuts" will have to be taken back. The Medicare Drug Prescription boon doggle has me almost as upset as the Bush/Kennedy Education Plan and CFR. Put them all together and we do indeed live in a "bizarro" world.

Happy Thanksgiving JHII.

[redhead]

Bingo! ...and, bump.

[Eala]

Post-Intelligencer often criticized by readers for liberal bias

And then there are those of us who don't read the rag.

[Chad Fairbanks]

Ping!

[CyberCowboy777]

Washington State Ping List

This is all known Washington State Freepers and interested parties as of 9/23/03
Less those who opted out
If you want on or off this ping list Freepmail me.

[PureSolace]

God Bless America and God Bless Our Troops! :) Tax Cut Ping!

[Defender2]

Happy Thanksgiving, JohnHuang2!!!!:-)

[Libertina]

LOL Happy Thanksgiving you all!

[Libertina]

Hi Chad! I see you're spicing up the holiday threads! :) Have a wonderful day and say hi to your lovely daughters for me!

[Chad Fairbanks]

You have a wonderful day, too! And I'll say hi! GIve everyone there my best wishes!

[Bush2000]

The editorial then presented a caveat to the good economic news, however, its recommendation also had a conservative ring to it, essentially urging the Republican-led Congress to reduce spending.

If Clinton had still been in the White House, they'd be calling him a genius and trying to ram even more social programs down our throats. This whole "reduce spending" nonsense is just a flimsy political canard.