When a ‘Tax Cut’ Isn’t a Tax Cut

Ken McIntyre /

real tax cuts stimulate economy

“So my whole goal over the next four years,” President Barack Obama said Monday night at the end of his first prime-time White House news conference, “is to make sure that whatever arguments are persuasive and backed up by evidence and facts and proof, that they can work, that we are pulling people together around that kind of pragmatic agenda.”

The question, the last of 13 President Obama fielded,  had to do with the future of bipartisanship after the “stimulus” fight — and how he intends to work with Republicans in Congress who opposed him this time almost to a man.

So: President Obama says he can be persuaded by evidence, facts and proof.

And yet Obama brushed aside all three when he allowed the left, gleefully spearheaded by Senate Majority Leader Harry Reid and House Speaker Nancy Pelosi, to roll over American taxpayers and their futures with a trillion-dollar juggernaut assembled with disproven old theories and emotions instead of facts.

As Obama correctly noted, some conservative critics (including a few here at Heritage) initially “were pleasantly surprised and complimentary about” his inclusion of tax cuts in drafting what turned out to be a trillion-dollar spending plan. (more…)