Tuesday, October 26, 2004

I believe the President

Domestically, I believe income tax cuts for the wealthiest Americans are the solution to budget surpluses or deficits, high or low inflation, stable or unstable interest rates, expanding or shrinking trade deficits, widening or narrowing wealth gaps, increasing or decreasing poverty rates, rising or falling unemployment, prosperity or recession, wartime or peace. I believe record-setting budget deficits, record-setting trade deficits, and a burgeoning national debt are examples of the president's fiscally-conservative economic leadership.

I believe that a president who insists that hard-working Americans deserve tax breaks should continue to stand fast against cutting payroll taxes – the direct tax on hard work. Clearly, I do not believe that payroll taxes coupled with income taxes on work constitute "double taxation," but the dividend tax on assets does.

[snip]

Finally, I believe a white man of privilege who was accepted to Yale University despite a middling performance in prep school; was accepted to Harvard Business School despite a middling performance at Yale; was admitted to the Texas Air National Guard despite no flight background and an entrance exam score in the bottom quartile; was given funds by Osama bin Laden's father to start a failed oil company; and was chosen to serve as Texas governor and 43rd President of the United States despite a lifelong record of mediocrity, is a man with the moral authority to criticize affirmative action as a policy that gives opportunities to the undeserving.


(link via Kos)

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