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  Thursday, July 17, 2003


Dubya has no more arrows in his quiver
The Note on Tuesday talked briefly about the advantages Dubya had over Democrats - oodles of money, tremendous popularity within his party, etc. But I can see one huge disadvantage Dubya has - nothing new to offer for 2004. The White House has finally agreed that the current deficits are unsustainable and is talking about cutting the deficit in half by 2008. So, Dubya can't propose any new tax cuts or any new spending without saying he is going to cut spending. From him to reach his goal of cutting the deficit in half, the economy is going to have to suddenly bloom or he is going to have to raise taxes. All Dubya can really say is that everything he has done so far is great and the economy will turn around really soon. As the Democrats are already talking about rolling back some of Dubya's tax cuts, they are free to propose new programs. Dean's claim that bringing back Clinton's taxes will bring back Clinton's economy may be magical thinking, but at least it is a plan with a positive track record, something that Dubya lacks.

Update: I had taxes when I meant economy


6:42:21 AM    comment []


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