Look quick! It's the Liberal Media!

[Bossy Monkey]

Yesterday's NYT editorial page (yes, you have to register to see it, sorry):

Read His Lips

"After presiding over a two-year binge of tax cuts, a rocketing federal deficit and job losses that recall the Herbert Hoover era, President Bush appears ready to step away from the supply-side gaming table, at least for a while. Mr. Bush announced Wednesday that he sensed enough of an economic upturn to reject any immediate plans for yet another tax cut. He estimates that the effects of two years of giddy revenue-slashing — geared heavily toward the wealthiest Americans — are looking 'robust enough' to hold off on more cuts.

"We accept the respite as an act of fiscal mercy rather than a cause for economic celebration. The Republicans' chokehold on the nation's revenue flow is doing far more to create debt and deficits than to create jobs, but it is a relief to know that Mr. Bush is not planning to do any more major damage in the immediate future."

(more)

http://www.nytimes.com/2003/08/16/opinion/16SAT3.html

I guess most people not named Coulter would consider this an attack from the right more than from the left, but that's all to the good as far as I'm concerned. Any attack of any kind in the major media against Fool and the Gang is okee by me.

[gratuitous]

1. Holy smokes!

Well, it was a Saturday editorial, after all, so the Times will give the excuse that the inmates took over the asylum for the day of lowest readership. But the editorial finishes off as well as most folks here could hope:

"Hold the line" was Mr. Bush's surreal spending advice for a Republican-controlled Congress that has been more co-conspirator than deficit hawk in Washington's detax-and-spend mania.

As Mr. Bush's "growth" program rolls out, the richest 1 percent of Americans can expect an estimated 17 percent cut in their taxes by 2010, according to the Institute on Taxation and Economic Policy. The other 99 percent get a 5 percent cut — along with accumulated deficits of $4 billion or more across the next 10 years and the lost chance that the now-vanished surplus might be used to protect their future Social Security benefits.

________

Imagine! Actual economic analysis, rather than just parroting what the Bushistas say! It would be nice to see this become a trend.

[sam sarrha]

3. I would rather pay the extra 5% again rather than pay more property taxes,

state taxes, gas taxes, utility expenses and still have my job..and my wifes still have hers so we could pay taxes.. I paid 17% and was happy to.. and i only made $16,000 yr working as a specialist at Boeing's only non union shop developing the F22. gimme back the good ole days!!

[AWD]

2. But, but, but....

If the tax cuts created "enough of an economic upturn", they why wouldn't MORE tax cuts create a bigger upturn??

Hmm, Bush....why are you turning away from them?????