Here is an amusing article where Larry Kudlow (correctly) advises Bush that an increase in the Social Security payroll cap is a tax increase, just as surely as an increase in the rate. (Bush’s people had denied this.) But what’s really funny is Kudlow’s incredulity that W. would go back on his word:
One of the defining characteristics of the presidency of George W. Bush has been that he says what he means, and means what he says. Our CEO-like MBA president has always communicated his vision in clear and simple terms. Once he establishes a policy, he moves rapidly to implement it with all the political force he can muster. You could even argue that Bush has been the clearest and most reliable presidential-policy maker since Ronald Reagan — one would have to go back many more decades to find another chief executive like him. That’s why his latest gambit on Social Security payroll taxes is so hard to fathom.
And then Kudlow ends with:
Let’s hope George W. Bush gets the message and returns to the straight talk that has earned him the credibility and respect of American voters and workers.
I suppose I would just be beating a dead horse to bring up the WMD stuff again. Why can’t I let bygones be bygones and move on to the important issues facing our country today?
