That's a lie. An outright lie.
Do you (liberals) want more dollars or a "more equitable" tax rate?
The answer to that is an unequivocal "yes"!
The "Old Gray Wh*re" purposely skewed the numbers and included W[BJ]C's 2001 pit-of-recession and the post 9/11 hit to wildly knock down the performance numbers. Had they used the start date of the tax cuts & rebates, things look wildly better than any administration they can point to...
The New York Times will continue to lose credibility with reporting like this.
Let's see:
Buzzwords: check.
Sympathy generators: check.
Presumptive attitude: check.
Facts: none (check).
Clear to publish.
And the blue, cloudless sunny sky is not a sign that the weather's nice today.
So is he claiming that there isn't any overall economic growth? Note that he implies it without saying it.
The truth is that there has been tremendous economic growth. And this kind of a writer will report it as a negative if his income went up, but yours went up more.
Who wrote this article, Karl Marx? If George Bush solved the global warming problem, the NY Times would write that he made things too cold and thus caused global freezing!
But, what do you expect from the NY socialist libs who could care less about income inequities as they dine in the fancy NY restaurants and party in the hamptons with all their rich millionaire friends.
Here we go again. Class warfare.
Is there an election coming up?
From Nancy Pelosi's pen to the editorial pages of the NYT. Who knew?
If the poor make zero and everybody else's income goes up, the income gap widens. Duh. Since zero is zero, the only way to narrow the income gap is for everybody else to make less than before. And the Times thinks that would be a good thing?
bump
The NY Times is missing the whole point of tax cuts, which are not intended to raise government revenue but are intended to increase the disposal income of Americans. Big growth in government tax revenue is bad, not good, because it inevitably leads to big growth in government programs, government spending, and government control of our lives. The Times also appears to be factually incorrect in this statement because they appear to be assuming that the current business cycle and per capita government revenues have peaked. There's no economic evidence to support that assumption.
"Much of the increase in tax receipts is from corporate profits, high-income investors and super high-earning executives, sources that are just as unpredictable as the financial markets to which they’re inevitably linked."
False statement implied here: corporate profits are not generated by events in the financial markets. The reverse is true: the financial markets are driven by the growth rate of corporate profits. Much of the revenue increase is also from the increased income of small businessmen, which is not linked to the financial markets.
Does anyone at the NY Times know anything about economics, or did they all go to journalism school and just learn how to write?
Seems like the NYT has done the bovine equivalent of grazing on fresh alfalfa. This ranks up there with Gore touting global on the record cold winter day awhile back.
First Teddy the Swimmer with an editorial about raising the minimum wage...
next.. the WAPO with a lame article about the wage gap between skilled and unskilled labor...
and now this from the NYT.
Subtle the left. Does hitting someone over the head with a cast iron frying pan equate to Dean's scream or the size of Teddy Kennedy's jockey shorts? (What's that? Size 60xxx?)
What next? Rubber chickens, vaudville acts, and Bible revivals preached by Jimmah Carter?
Lord have mercy. I can't imagine what type of diplomacy they would do. Oh, yes I can. Mad Maddie Albright and her lousy hat come to mind.
Anyone catch Marvin Kalb's comments on BOR tonight? Apparently, he thinks we should all be bowing down and thanking our lucky stars for the NYT.
That's a lie. An outright lie.
Paul Krugman, turn in your degrees. You are a dumba$$.
...but it isn't.
5.56mm
Wow! Who wrote this tripe? Does anyone at the NYT know something about anything?
