Posted at HUMAN EVENTS ONLINE - Conservative News, Views & Books:

The New York Times has discovered the Laffer curve really does exist.

Yesterday the NYT site's front page declared: "Suprising Jump in Tax Revenue is Curbing Deficit"

The NYT is ready to stay one step ahead of Republicans on this one, though. The writer Edmund L. Andrews writes: "Republicans are already arguing that the revenue jump proves that their tax cuts, especially the 2003 tax cut on stock dividends, would spur the economy and ultimately increase revenues."

(Shocking.)

"The tax relief we delivered has helped unleash the entrepreneurial spirit of America and kept our economy the envy of the world," President Bush said in his weekly radio address on Saturday."

Oh, but wait, wait. The Democrats are saying the tax cuts didn't cut enough of the deficit to be meaningful. Andrews interviewed Thomas S. Kahn, staff director for the Democrats on the House Budget Committee to throw some rain on this fire.

Kahn said, "The fact is that revenues are way below what the administration said they would be a few years ago. The long-term prognosis is still very, very bleak, and the administration doesn't have any kind of long-term plan."

This would be laughable is IT ACTUALLY WASN'T OUR ECONOMY. Tax cuts work. You let people keep their money and they are going to spend it somewhere. The deficit gets reduced. You take more of the people's money and government officials will earmark it away to hold on to their seats and maintain power.

Meanwhile, people like Kahn have the audacity to essentially tell the Times, "Nope, tax cuts don't work because we didn't do it enough to plug the deficit."

Crazy. Maybe the next headline we'll get from the NYT is that "Fences stop illegal immigration," but we'll probably have to wait another 30 years for the Times to figure that one out.


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