Cheney-nomics

Vice President Cheney, speaking to the National Association of Manufacturers yesterday: By now it's time for even the skeptics to admit that a lower federal tax burden is a powerful driver of investment, growth, and new jobs for American workers. And that increased economic activity, in turn, generates revenue for the federal government. Ummm...you mean even the "skeptics" at your very own Treasury Department? Even they say that permanent tax cuts will make the economy smaller and reduce revenues. These people will keep peddling this snake-oil unless they are persistently confronted with the evidence. Why isn't Congress doing more to counter this nonsense? The facts are on its side.
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