A Rising Tide Lifts All Ships

OpinionJournal - Outside the Box
Rising Tide
Tax cuts are good for everyone--and everyone knows it but Washington Democrats.

Here are some quick quotes from this great article:

Mr. Bush signed the most recent tax cuts into law in the spring of 2003. In the past 33 months the size of America's entire economy has increased by 20%--or, as National Review Online's Larry Kudlow put it, "In less than three years, the U.S. economic pie has expanded by $2.2 trillion, an output add-on that is roughly the same size as the total Chinese economy."

In the 2 1/4 years before the 2003 tax cuts, economic growth averaged 1.1% annually; in the three years since it has averaged 4% per year, and in the first quarter of this year it was 5.6% on an annualized basis. Inflation-adjusted per capita GDP has grown 7.8% from 2003 through the first quarter of this year.

Incomes are up too. As Stephen Moore noted in The Wall Street Journal, "the percentage of Americans earning more than $50,000 a year rose from 40.8% to 44.2%" between 2002 and 2004. As for very wealthy families, the portion of total income "captured by the richest 1%, 5% and 10% of Americans is lower today than in the last year of the Clinton administration."

The evidence is so obvious and the conclusion that tax cuts are good for America is so apparent I can only surmise that the Democrats in Washington do not truly want what is best for our nation.

Email is the new snail mail

BREITBART.COM - E-Mail Losing Its Clout

"E-mail is so last millennium. Young people see it as a good way to reach an elder _ a parent, teacher or a boss _ or to receive an attached file. But increasingly, the former darling of high-tech communication is losing favor to instant and text messaging, and to the chatter generated on blogs and social networking sites such as Facebook and MySpace."

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"...Adults who learn to use IM later have major difficulty talking to more than two people at one time _ whereas the teens who grew up on it have no problem talking to a bazillion people at once," Boyd says. "They understand how to negotiate the interruptions a lot better."