This week’s “Leftmedia Busters” Award

“In the 1979-80 season, 75% of all TV sets that were turned on in the early evening were tuned to the network news programs on CBS, NBC or ABC. By 2001, that share of the audience had dropped to 43%. …Any business that lost nearly a third of its customers would be out of business or close to it. Those running it would seriously restructure their product or the way they provide their service. This has not happened at CBS, NBC and ABC. The arrogance of liberals makes it impossible for them to conceive that they are doing something wrong.” —Alan Caruba, via The Federalist

I know one can make the argument that in 1979-80 many American homes did not have cable, and the CBS/NBC/ABC ratings drop could be attributed to more people tuning in to cable news stations, such as CNN. That’s extremely valid, except within the past few years, CNN’s viewership has been dropping as well. Caruba’s point still stands.

How true

“It is almost pathetic to see the emerging lineup of Democratic presidential hopefuls slobbering all over themselves in search of a defining issue —anything—to justify their pursuit of the land’s highest office. When you watch these guys explaining their decisions to run you can’t help but get the impression they are trying to convince themselves they have a legitimate reason to displace an exceedingly popular president during wartime.

“…Unless things go way south with the war and the economy, Democrats will be in trouble because they have no constructive solutions. So they’ll fall back on their tired strategy of demonizing Republicans and scaring and dividing voters, along economic, race, gender and religious lines. The more bereft they are of ideas, the nastier they will get. Which means it’s not going to be pretty.” —David Limbaugh

Sharing the sacrifice

“The first thing to keep in mind is that it is almost impossible to cut any tax without making the people who pay that tax richer. And, rich people pay a lot more taxes than poor people do.

“According to the Tax Foundation, more than five out of every six dollars collected by the federal government were paid by the top 25 percent of taxpayers. You need a gross adjusted income of $55,225 to qualify as a member of the top quarter. Now, if all these people qualify as ‘rich,’ so be it. If cutting their taxes makes them richer, so be that, too.

“The top 1 percent, by the way, pay 37 percent of the total income taxes collected by the federal government. Democrats keep talking about how little poor people will get from an income tax cut. That’s true—because poor people pay so little in income taxes.

“How about creating a tax system in this country that makes everybody feel like they’re paying their fair share? I don’t want to raise taxes on anybody—I want to cut them for everybody. But having a system where vast segments of the working population are clients of the government and a small number are funders of it is not only institutionalized class warfare, it’s the exact opposite of shared sacrifice.” —Jonah Goldberg [emphasis added]

Bulls-eye!

“The central question in this debate is not whether government should decide how much money it will allow us to keep. Rather, it is how much of our money we will allow the government to spend.” —Cal Thomas

A return to the constitutionally-granted powers of the federal government would go a long way toward bringing down the tax burden on all Americans.

Will on stimulus package

“Today’s ‘stimulus package’ is psychotherapy for a nation that very recently has become too fixated on the stock market, which has declined three consecutive years for the first time since 1939-41. But the stock market and the economy are not identical, and indeed they have diverged–the market slump has been more severe than the recent recession, the mildest since 1945.” —George Will

I wholeheartedly agree; we have been way too focused, and continue to be so, on the stock market as our primary economic indicator. It is an important indicator, I’ll grant you, but if we learn anything from the dot-com bust, it is that no matter how hard we would like to become a paperless, information-based economy, real money is still to be made in industrial and service sectors of the economy. This recession that we’ve found ourselves in is merely the economy, and the stock market, correcting itself after the overvaluation and over-inflation of the stock market during the dot-com boom.

Tax vernacular

Friday’s Federalist opined on President Bush’s proposed economic policy, and this gem on tax cut vernacular:

“And Sociocrats depend on one tactical tool–control the debate using their army of sycophants in the Leftmedia. Together, the political and chattering tribes conspire to control the debate by manipulating the vernacular: government spending becomes ‘investment,’ tax cuts ‘cost’ the government, letting you keep your money become ‘a rebate,’ and they ask questions like can government ‘afford the tax cuts’ and suggest that reducing taxes causes deficits when anyone with half a wit knows that spending causes deficits.”

You, too, can hack the RIAA

Eric shared this tidbit with the ATPM staff on the ongoing hacks of the Recording Industry Association of America’s web site.

Why the West is best

Western values are superior to all others. Why? The indispensable achievement of the West was the concept of individual rights. It’s the idea that individuals have certain inalienable rights and individuals do not exist to serve government but governments exist to protect these inalienable rights. It took until the 17th century for that idea to arrive on the scene and mostly through the works of English philosophers such as John Locke and David Hume.

“While Western values are superior to all others, one need not be a Westerner to hold Western values. A person can be Chinese, Japanese, Jewish, African or Arab and hold Western values. It’s no accident that Western values of reason and individual rights have produced unprecedented health, life expectancy, wealth and comfort for the ordinary person. There’s an indisputable positive relationship between liberty and standards of living.

“Western values are by no means secure. They’re under ruthless attack by the academic elite on college campuses across America. These people want to replace personal liberty with government control; they want to replace equality with entitlement; they want to halt progress in the name of protecting the environment. As such, they pose a much greater threat to our way of life than any terrorist or rogue nation. Multiculturalism and diversity are a cancer on our society, and, ironically, with our tax dollars and charitable donations, we’re feeding it.” —Walter Williams

Freedom without faith?

“It is vitally important that we recognize that there is a law higher than that of the state or the will of the majority. There is a higher law than that which springs from the fallible minds of men. This law, insofar as it has been revealed to us and can be ascertained through reason, is the basis of our natural rights. While many people look at the long and horrific history of religious wars and the lethal violence of religious fanaticism, so woefully evident in our own age, and see religion as a threat to liberty, the Founders of our republic understood that God was the ultimate source of our liberty.

“…By the standards of those who file lawsuits to remove Christmas displays from government buildings–or to remove the phrase ‘under God’ from the Pledge of Allegiance–the very people who framed and ratified the First Amendment they appeal to were guilty of creating some kind of theocracy. Of course, the constitutional republic of our Founders was nothing of the sort. A system based on God-given rights does not inherently deny the rights of an unbeliever anymore than we deny the rights of a socialist to own private property or profit from the free-market economy.

“The acknowledgement that human beings and the institutions they create are imperfect acknowledges the imperfections of professing Christians and members of other religious traditions. The idea that government powers should be limited, defined and divided acts as a check against all potential tyrants and offers protection to all potential victims. Forgetting the link between faith and freedom leaves all our liberty less secure.” —W. James Antle III

I couldn’t agree more

“We were hoping for a big and bold tax cut from President Bush and, by George, we got one. Yesterday Mr. Bush drew a bead on the twin shibboleths of bad tax policy–the fear of budget deficits and of benefiting middle- and upper-income workers–and pulled the trigger.”

[…]

“The President deserves credit for ignoring all of the Beltway trimmers and risking the political capital he won in November in pursuit of a large policy ambition. His proposal is one worth fighting for.”

[…]

“Mr. Bush’s proposal would reduce tax revenue over the next decade, though far less if the growth effects are figured in. And the possibility has already brought out the flock of self-styled ‘deficit hawks.’ Pay no attention. Currently the budget deficit is 1.5% of GDP and projections for the next year or so are around 2%. These figures amount to a whole lot of nothing both in historical terms and when compared with the potential growth of the economy.”

[…]

“The notion put forward by the deficit hawks that this will send interest rates to the sky and the economy six feet under is deeply silly. Deficits are the result of weak or negative economic growth, not the other way around. The best way to close a deficit is through strong economic growth.”

[…]

“Mr. Bush is offering, on balance, an excellent program to prevent the economy from weakening amid the short-term uncertainties of war and expensive oil. And by wringing out some of the tax barriers to economic efficiency, he is also creating the conditions for better long-term growth. A bull’s-eye, for sure.”

—The Wall Street Journal