What about the author's name?

“The oft repeated bromide that the tax cuts will raise tax revenues just isn’t going to happen.” Errr….they are paying for themselves or haven’t you been paying attention to the economy and the INCREASED tax revenues that created the lower deficit estimate.

Was that really due to the tax cuts or the economic expansion that typically follows a recession?

FYI, note the author's name.

The problem I have with paying for Katrina with more borrowed money is that it completely ignores the billions of $$$ in pork that could be trimmed here. When was the last friggin time Congress (& the Pres) actually did some hard work to sit down and reorder what is really important and what can cease to be? C'mon you can say it....we won't laugh.

Steve

Thus, NOT a good place to start.

I know railing against pork is a guaranteed applause winner in nearly any audience, but pork is a remarkably small proportion of federal spending.

If you have ever been to Louisiana or ever lived there, you know how the Louisiana democrat political machine worked and held some people down to poverty levels not seen in other parts of the country, so don't blame Bush for the failures of the Louisiana political machine if you don't have first hand experience. Better look at the Dems before you go spouting off about something you don't know about

Louisiana was the "Pork Barrel State".

Tax breaks for billionaires remaine a priority...

Heck, Krugman was telling everybody who'd listen about this back in 2000-01. Too bad he didn't take bets on it; he'd be filthy rich by now.

The really disturbing thing, long-term, though, is who's going to clean this up? It's clear now that Bush 1 and Clinton took nothing but political heat for improving the situation, and their work was immediately undone. Why should the next president expend one drop of political capital to fix it, except as needed to avoid a crisis during his term?

For example no taxes on let's say the first $30,000 profits from a privately run business, limited taxes on limited amounts of capital gains and dividends can spur small investors.

But notice no reduction for interest? Yet loans finance most new business.

There is all sorts of micro tinkering which is questionable or destructive actually distorting markets to the advantage of certain players. Then there is the mass flows such as reducing the tax rate for billioniares below that of the middle class.

I think a rational policy is possible, but I wonder if it possible within the context of today's politics.

Even now, facing another two hundred billion dollars in borrowing needs from Communist China, conservatives are unwilling to forgo another massive tax cut, this time to the topmost wealthiest people in America.

Conservatives are sicko-wierd, un-american and just plain dumb.