An echo in Dem coffers⢠Howard Dean appears to be as loose with the Democrats' purse as he is with his mouth. That's one interpretation of the news that Mr. Scream has spent all but $5.5 million of the $51 million raised by the Democratic National Committee last year. Given that Republicans raised $102 million and have $34 million on hand, some Democrats are questioning Dean's management skills in this midterm election year. Another interpretation is that since most of the money went to state Democrat operations, all is well. Time, of course, will tell.
This they celebrate⢠Pennsylvania House Democrats are touting their vote to sustain Gov. Ed Rendell's veto of modest, commonsense business tax cuts as some kind of virtuous fiscal prudence. Democrat leaders Bill DeWeese and Mike Veon argue that "Pennsylvania would have lost more than $1 billion in revenue during the next five years if these cuts became law." Of course, what Messrs. Tax and Spender conveniently ignore is that the tax cuts would have generated far in excess of $1 billion in new tax receipts for the commonwealth.
Krugman is cracked: Glowingly writes New York Times economics columnist Paul Krugman: "Cries of 'socialized medicine' didn't ... succeed in blocking the creation of Medicare." Medicare will gobble up all income tax revenues after 2075. Is this what Mr. Krugman meant when he also wrote that "ideology can't hold out against reality forever"?
