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Date: | Tue, 7 Oct 2008 10:42:37 -0500 |
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AAM MEMBERSHIP - $25!!!!
MAIL YOUR CHECK TO AAM, P. O. Box 1016, MADISON, WI 53701
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I thought this was kind of important.
MAIN STREET
OCTOBER 7, 2008
About That Middle-Class Tax Cut . . .
Remember the last time a charismatic Democrat made such a promise?
From the Wall Street Journal: http://online.wsj.com/article/SB122333585431009523.html?mod=djemEditorialPage
From the article: "That was one of the lessons from the Clinton years. For the first two years of his first term -- when Democrats controlled Congress -- Mr. Clinton was a different president. With Democrats in control of Washington, the middle-class tax cut vanished, a massive tax hike was approved, and the political debate centered around HillaryCare.
Then came 1994, the "Contract with America" -- and a reform-minded Republican Congress. Robert L. Bartley, the late great editor of this newspaper, liked to note the bracing effect the 1994 Republican takeover of Congress had on the market -- and the Democratic president. After a few skirmishes, President Clinton would go on to embrace welfare reform, sign a cut in the capital gains tax, and even declare that "the era of Big Government is over.""
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