July 9, 2006

Surprising Jump in Tax Revenues Is Curbing Deficit - New York Times

Surprising Jump in Tax Revenues Is Curbing Deficit - New York Times

The Times has adroitly managed to turn a good news story into yet another broadside against America's strong economy following the tax cuts in 2003. Power Line has a fascinating counter to the story
here, which includes a chart published by The Treasury Secretary that clearly shows the Times distorts the facts.

For stories like these and their zealous campaign to berate the Bush Administration, the Times deserves the bashing it's taking. They probably believe they're right in doing all in their power to elect a Democrat administration and Congress, but blindness to facts and national security have overtaken their common sense.

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