PROSPERITY is fragile, so it's Priority ONE --
IT is what makes EVERYTHING else possible

THE GOOD THINGS THE 2003 TAX CUTS HAVE BROUGHT-- BY THE NUMBERS

    $14,374,330,000,000 -- The Total Increase in Household Wealth Since April 2003. That's over 14 TRILLION  dollars [A million seconds is less than 12 days; a billion seconds is over 31 years; a trillion seconds is more than 31,000 years, and 14 trillion seconds is over 434,000 years]

    $5,700,000,000,000 -- The Total Increase in Shareholder Wealth Since May 20, 2003 

    $863,654,000,000 -- The Total Amount of Tax Cuts Enacted Since Fiscal Year 2003 

    $625,000,000,000 -- The Total Increase in Federal Tax Revenues Since FY 2003 [$863,654,000,000 were removed from revenues by the Tax Cuts and $1,488,654,000,000 were THEN ADDED BACK IN DUE TO THE STRONGER ECONOMIC GROWTH THEY CAUSED and the 6,800,000 new jobs created, for a net gain of $625,000,000,000 so far, with more to come IF the prosperity is allowed to continue].

    $783,890,000,000 -- The Total Amount of Additional Tax Cuts to be Returned to Taxpayers Through 2010

    $207,788,000,000 -- The Reduction in the Deficit in the Past 29 Months DUE TO STRONGER ECONOMIC GROWTH

    4.6% -- The Continuing Unemployment Rate, Lower than the averages of the 70's, 80's and 90's, which continues to fly in the face of the Media's agenda- driven focus on economic pessimists.  Update: It just dropped to 4.4%

    3.7% -- The Average GDP Growth Rate Since The Tax Cut Was Enacted (the long run average is 3.3%), Calculated Quarterly

    $98,600,000,000 -- The Combined Income Gains for Shareholders From Dividend Increases AND Tax Savings from 2003 to 2005

    $62,000,000,000 -- The Surplus of Capital Gains Tax Revenue Not Foreseen or Accounted-for by Old School Revenue Estimators 

    91,000,000 -- The Number of Individuals Owning Shares of Stock in America

    23,000,000 -- The Number of Small Businesses Benefiting from Income Tax Reductions 

    6,800,000 -- The Number of Jobs Created Since the Tax Cut Was Signed Into Law -- which is more new jobs than the ENTIRE rest of the Industrialized West altogether!

    12,000 -- The Magic Number of the Dow Jones Industrial Index -- Just Now Achieved

    25 -- How many years the total number of dividend-paying companies were declining up until the 2003 Tax Cut 

    74.0% -- The Increase in the Number of S&P 500 Companies BOOSTING their Dividends AFTER 2002

    164.0% -- The Increase in the Dividend Tax Rate which would occur IF the Income and Dividend Tax Cuts expire as the Democrats want them to

    123.0% -- The % Increase in Dividend Income and Share Repurchases Since the 2003 Tax Cut

    91.0% -- The % Increase of Stock Ownership among the Bottom Quintile of Income Earners Since 1995 

    65.0% -- The % of Voters Who Were Investors by the time of the 2004 Elections 

    $2,092 -- What the Tax Increase for a Family of Four With $50k of Income Would Be IF Tax Cuts Are Repealed, or are allowed to expire, as the Democrats want

    200 -- The Number of House Members Who Voted Against This Growth-Generating Tax Cut as most Democrats seem unable or unwilling to grasp the meaning, let alone the importance, of these crucial facts of economic reality

    50 -- The Number of US Senators Who Voted AGAINST This Growth-Generating Tax Cut  -- THAT'S HOW CLOSE THE VOTE WAS

    300,001,643 -- The TOTAL Number of Americans benefiting from the Republicans' 2003 Tax Cut
    -- 
    -- from http://snipurl.com/zueb  and  http://snipurl.com/zya8

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    “None of these tax cuts is affordable. None of them creates jobs, and they are not fair. All of them do damage to our long-term economic growth and contribute to the national deficit.”
    -- House Minority Leader Nancy Pelosi (D-CA); May 09, 2003

    "The President has the worst jobs record since the Great Depression" -- Clueless House Minority Leader SanFranNan (D-CA), Nov. 3, 2006

    WHY DID THE TAX CUTS WORK?  THIS is why: 
    http://freedomkeys.com/2003taxcutsworked.htm
    --
    Also see:  http://snipurl.com/zyao,
    http://freedomkeys.com/taxcuts-good.htm
    and  http://snipurl.com/1038h

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     What high taxes on capital gains do is punish people for having invested in successful job-producing enterprises.  So, guess what? They DON'T put their money into NEW job-producing enterprises because they DON'T WANT TO GET PUNISHED for taking their profits out of those investments that have already had their run! 

     THAT'S WHY CUTTING capital gains taxes WORKS -- it allows people to move their money OUT OF old investments and INTO more productive investments without punishing them so badly for simply making a profit! 

     AND THAT'S WHY the economy has really taken off since 2003 -- because so much money that had been tied up in tired old investments was finally set free!

     THIS IS REALITY, folks; FACE IT.  Remember, the wealth you see around you didn’t always exist; it was and is CREATED wherever the right CONDITIONS OF FREEDOM are established and guaranteed. 

     "Wealth is good. ... wealth is not a world-wide round-robin of purse snatching, and ... the thing that makes you rich doesn't make me poor. ... Wealth is based on productivity, and productivity is expandable. In fact, productivity is fabulously expandable." -- P.J. O'Rourke in "Eat the Rich" 

     In other words, punishing the rich just because they're rich is short-sighted, self-defeating and more than a little juvenile and spiteful.  It's based on the totally unrealistic and thoroughly discredited "fixed quantity of wealth fallacy" as well ( see: http://freedomkeys.com/gap.htm

"You may not like rich people, but when was the last time a poor person gave you a job?"-- Gene Simmons

Also see:  http://freedomkeys.com/taxcuts-good.htm
and  http://snipurl.com/1038h

Negative Reporting

     Bad news is always bigger news than good news. But a study by the Business and Media Institute says when it comes to the economy, broadcast network news stories are overwhelmingly and intentionally negative.

     The year-long study of evening news programs revealed more than twice as many negative economic stories as positive — and the negative stories were in full -length reports — while the positive were in shorter forms. The study says the "CBS Evening News" went negative on the economy in 80 percent of its reports — the highest percentage among the three networks. [see http://www.businessandmedia.org ]

  -- from http://snipurl.com/zuf6
Also see:  http://freedomkeys.com/journalists.htm#4