Alas, the Bush campaign drops 'turning a corner'. That's too bad. It was so tone-deaf and Hoover-esque that I'd hoped Dubya would keep saying it right through to November.

Well, thank goodness the GOP Congress has finally done something to alleviate the financial burden of sports team ownership in this country. When I think of all the pain, misery, and degradation that Mark Cuban, George Steinbrenner, and other multi-millionaires have been subjected to by the tax code of late, my heart just sickens. Now hopefully Congress will turn their attention to eliminating the IRS entirely, and I'll be able to sleep knowing that no corporate CEO or energy baron will ever again be unduly harrassed in this great nation.

Surprise of surprises, former North Carolina Senator Jesse Helms (no, not yet) comes out against Dubya's tax cuts for the wealthy.

Meanwhile, Dubya has less to say about a sweetheart corporate tax package being pushed through Congress by the GOP, one that offers ridiculous handouts to various Republican-leaning business special interests. "[W]hat started as an effort to repeal a $5 billion-a-year subsidy has grown into one of the most significant corporate tax measures in years. The Senate bill, 980 pages long, includes more than $167 billion in business tax cuts over 10 years, handing out favors to NASCAR racetracks, foreign dog-race gamblers, Oldsmobile dealers and bow-and-arrow makers, to name a few." Hmmm...might be time to invest in bow-and-arrow futures. Update: The bill passes the House.

Well, it's a well-run campaign, midget'n broom'n whatnot. The Washington Post scrutinizes the Bush campaign's continued resort to misleading attacks and outright lies when discussing Kerry's record. And, in related news, Dana Milbank (one of the co-writers of the article above), surveys Dubya's penchant for bashing straw men. "Bush is obviously not the first politician to paint his opponents' positions in absurd terms...But Bush has been more active than most in creating phantom opponents...[and]There seems to be no end to the crazy positions the straw men take."

"As the president says, we misunderestimate him. He was not born stupid. He chose stupidity. Bush may look like a well-meaning dolt. On consideration, he's something far more dangerous: a dedicated fool." Slate writer and collector of malapropisms Jacob Weisberg psychoanalyzes Dubya's mental deficiencies and finds that Bush is less simple-minded than he is just intellectually lazy...and the Daddy issues don't help.

This won't be news to most people out there, but nevertheless: The Bush White House has been lying about job creation for awhile now. "Over three years, the administration has repeatedly and significantly overstated the government's fiscal health and the number of jobs the economy would create," reports Dana Milbank of the Washington Post. Surprise, surprise, surprise.

In case you missed the State of the Union address last night, this cartoon anticipated the upshot: terror, terror, terror, 9/11, 9/11, fear, fear, fear, steroids, thank you, good night, and God bless the USA. It's wonder they didn't pass out little bloody shirts for the Congressional GOP to wave in unison. Well, while this New York Times news analysis of the speech sounds like it was written by the Bush campaign (he "quickly turned" to domestic issues? What is Todd Purdum talking about? Dubya was blathering on about scary, scary terrorists for at least 40 minutes), I gotta think that this speech might've played badly to any voters out there concerned about the economy, and this year as always, it's still the economy, stupid.

In his most recent "History Lesson," Slate's David Greenberg explodes the conservative myth of JFK as the original supply-sider.

Slate evaluates the Law and Order crew as economic poster-children. I'll vote for the candidate who can promise us a Claire Kincaid economy.

"Here's a riddle: What do shuttered factories manufacture? Democrats. Or at least they might, if the national Democratic Party had the balls to do what needs to be done." Rick Perlstein treks through Illinois to evaluate the growing cracks in the Dubya (and Wal-Mart) coalition.

As Howard Dean announces his college-friendly education plan (which includes $10,000 a year in financial aid and a quadrupling of Americorps), William Saletan -- not one of Dean's biggest fans -- wonders how the Doctor will handle the "postwar" phase of the campaign. Meanwhile, Wesley Clark continues developing the "right-on-terror" strategy (originally articulated by Bob "Osama Bin Forgotten" Graham) by accusing the Bushies of dropping the hunt for Al Qaeda's leader in their rush to get Saddam. The general's got a point, particularly when you consider the nightmare rhetoric still emanating from Al Qaeda's corner. It's too bad the guy's so way off on flag burning. (Last link via Value Judgment.)

In the wake of last quarter's surprising economic growth, the Dems ponder calibrating their message on the Dubya economy. Hmm. I'd stay the course for now. A return to a sound economy is good news no matter what party you're in, but still, one quarter does not a resurgence make. In the wake of mounting deficits and continuing job loss, let's not let the tax-cut-junkies out there confuse a short-term high for real economic health.

While he's still abusing the terrorism angle to hoodwink us on Iraq (As Howard Dean noted yesterday, the only indisputable thing Iraq has to do with terrorism is that we've now chosen it as the place where terrorists can attack us), Dubya at least admitted on nationwide television that unilaterally, we're in over our head, which I suppose amounts to what alcoholics refer to as a moment of clarity. Yet, with the necessary Iraq funds -- even lowballed as they are -- threatening to blow the deficit to $525 billion, I do hope that the Bushies realize that the responsibility and sacrifice they're expecting from the American people, our somewhat skeptical allies, and everyone but themselves in prosecuting this war should preclude any more discussion of a tax cut in the coming year. After all, why shouldn't America's wealthiest citizens also have to pay the heavy price for Dubya's blundering, incompetent, and hubris-ridden diplomacy on the road to war?

Dubya ventures to the Midwest to hype the jobless recovery in Kansas City, site of 10,000 recent telecom layoffs. Perhaps he'd do better to sell his tax writeoff plan for the wealthy to a swing state it's actually helped...that is, if he can find one. (In almost completely unrelated news, Doglover Dubya, via High Industrial.)

Despite the 2.6 million jobs lost during his tenure, Dubya declares his tax cut was the "absolute right course of action" for restoring the economy. I guess we'll see...expect the Bushies to latch on to every moderately decent economic indicator in the next eighteen months as being directly related to the Dubya tax debacle. By the way, do you get the sense Karl told Dubya to use the phrase "tough decision"?

With New Hampshire continuing to heat up, Dean and Kerry spar over tax cut repeal. It's at least comforting to see that the front-running Dems know the Dubya tax giveaway has to go.

Now this is more like it. After a steady stream of "2004's in the bag" type-stories, the GOP starts to sweat a little. "'The economy is touch and go,' said Dick Taylor, another RNC member from Maryland. 'I've got to believe it recovers really fast. If not, obviously we'll be in some trouble.'"

"The president's approval rating fell to 59%, its lowest level since March...Democrats had a 17-point advantage, 53%-36%, when poll respondents were asked which party would do a better job handling the economy. In January, the GOP had a 43%-42% edge."

Via the LA Times, White House Doesn't Share Outsiders' Concerns Over Deficit. Yeah, I'd say that's an understatement.

It isn't just Weaponsgate: Dubya can't stop lying about the economy, either. And with the Dubya deficit ballooning and the states feeling the pinch, don't expect any further candor from the White House in the months to come.

The Dubya dip continues, with unemployment at a nine-year high and comparisons to Herbert Hoover starting to make the rounds. Expect Bush to start touting the rise in butlers, maids, and gardeners thanks to his tax giveaway to the rich.

The perennial question: Is George W. Bush a liar or a moron? The answer: Yes, says Slate's Tim Noah.

Ever beholden to their wealthy masters, the House GOP try once again to permanently eliminate the estate tax. Thankfully, this probably won't pass the Senate, but you'd think someone on the Republican side of the House would remember the days of true conservatism and start thinking about balancing the budget, rather than granting further handouts to the filthy rich. A long shot, I know, particularly when you take a gander at the GOP economic team these days. (Ah, fun with Photoshop.)

As expected, the DeLay House has attempted to kill the child credit by passing a swollen $82 billion tax cut that has little hope of passing the Senate. Apparently the House bill pays a whopping "96 percent of its benefits to middle- and upper-income taxpayers." Said Charlie Rangel of the bill, "it was 'one of the most cynical and hypocritical moves' he had ever seen," and you have to think that at this point Rangel's seen a lot. For shame. Yet another reason why we should be embarrassed as a nation to have a guy like Tom DeLay calling the shots in Congress.

Interesting...Tom De Lay has refused Dubya's call to pass the child tax credit. "Ain't going to happen," replied the Exterminator. "The last time I checked, he doesn't have a vote." While De Lay's recalcitrance probably helps Dubya/Rove achieve "triangulation," I wonder if the White House will make De Lay pay...perhaps by allowing Dems to look into his abuse of Homeland Security mentioned the other day.

Found via TNR's Etc., Trent Lott tells us what he really thinks of helping poor children: "Although almost every Senate Republican voted for the [child tax credit], some clearly were unhappy at having to do so under what they considered public pressure from liberal groups and Democrats. Senator Trent Lott of Mississippi voted for the bill, but as he did so he stuck his tongue out, put his finger in his mouth and made a gagging sound, indicating his apparent distaste for the bill." I wonder if C-SPAN caught this - it'd make for a great campaign ad to show the families of Mississippi.

"The Rove-Bush goal is to return government to its size before the New Deal, leaving the individual more exposed to corporate power than at any other time since the 1920s." Jack Beatty of The Atlantic Monthly examines Rove's long-term strategy for the Dubya tax cut, and how it's cleverly designed to help the GOP in 2004 and 2008. Grim stuff. In a related story, Michael Kinsley offers his take on the dividend debacle: "The recently enacted tax bill is such a shocking and brazen gift for the wealthy that it is hard to describe in anything short of...cartoon-Marxist terms."

Despite growing GOP support in the Senate, Tom De Lay refuses to consider an increased low-income child tax credit in the House unless it includes more schwag for the filthy rich, such as an estate tax repeal. Speaking of which, new analyses of the Dubya debacle suggest that the middle class will end up footing the bill while the wealthy frolic. So much for "trickle-down."

Surprise, surprise. Dubya and the GOP's new tax cut leaves out an increased child tax credit for the nation's poorest Americans. After all, gotta keep the priorities straight...Some families out there might want a second SUV.

As it turns out, Dubya's profligate ways have forced Congress to increase the federal debt limit (so as to avoid a government default) in the very week they mull over his (now Voinovich-friendly) tax giveaway for the rich. Coincidence? I think not.

The House and Senate GOP agree on a compromise bill that cuts the tax rates on dividends to 15%. (Don't worry, Mr. Burns - the wealthy also get their fix in the form of a capital gains rate cut to 15%.) But, problems for the dividend debacle remain...particularly in that the $383 billion package goes over the $350 billion cap established by GOP moderate George Voinovich. Can the Dems mount a last stand?

Cheney breaks the tie as the Senate GOP pass the third-largest tax cut in history, one that includes a three-year moratorium on dividend taxes. Dems Zell Miller and Ben Nelson (and eventually Evan Bayh) joined the Republicans in passing the cut. (Republicans McCain, Chafee, and Snowe were opposed.) Of course, this tax giveaway for the rich does nothing to address the largest budget deficit in history...but that's a problem for Dubya's successors, isn't it? And children don't vote anyway.

Republicans inadvertently stall the Dubya tax cut by putting the wrong number on the bill, thus blunting the force of the President's arm-twisting US tour. It's the little things that get ya.

The President and his cabinet take the Dubya dividend debacle dog-and-pony show on the road. But be careful if they come to your town - as per usual when Dubya and the economy are mentioned in the same sentence, you may just find yourself working overtime. Update: Proving once again the power of the Big Lie, Dubya accuses tax cut critics of "class warfare." And in a joint statement, Montgomery Burns, Scrooge McDuck, and the Monopoly Guy asked, "Can't we all just get along?"

With conservatives chomping at the bit to reduce capital gains taxes, the Senate GOP craft a compromise bill that appeases moderate holdouts like Senator Snowe. As I've said before, any tax cut given the current state of the economy and our budget deficits is a bad idea. And given how much of the heavy lifting Senator Snowe has already done, I'm surprised more Dems aren't kicking up a fuss right now.

As it turns out, the new GOP-spawned hybrid tax bill mentioned yesterday offers even more to the wealthy (and less to the poor) than Dubya's dividend debacle. Why am I not surprised? If the Republicans keep prostrating themselves before the filthy rich like this, that giant sucking sound you hear will be the GOP moderates defecting en masse a la James Jeffords, who's now comfortably ensconced in the Democratic leadership.

Conceding defeat on the full dividend debacle (while still planning evasive maneuvers to make sure it's as large as possible), the Congressional GOP now shift their focus to another Republican shibboleth: a capital gains cut. One way or another, it seems, the GOP are hell-bent on ensuring that the wealthiest Americans catch some kind of break from the Dubya dip.

With the House GOP prepared to make a deal with moderates, the White House unrolls a new pitch for the "future-embezzling" Dubya dividend debacle. Arguing that bigger is better on the assumption that there's a 1-1 relationship between low taxes and more jobs, Dubya's simplistic proposition has even ticked off GOP economists. (As one Republican put it when queried whether Dubya's fuzzy math makes sense, "I suppose it matters whether you think economics matters.") Meanwhile, Bill "kittenkiller" Frist takes the blame for congressional in-fighting on the size of the tax cut.

As the Republican rift over the Dubya tax cut widens, conservatives prepare to oust anti-cut GOP moderates like Olympia Snowe, John McCain, and Arlen Specter. As a result, Specter tries to shore up his freak-show-right creds by joining Majority Leader Bill Frist in defending Rick Santorum's outbreak of gaybashing (calling Santorum a "voice for inclusion and compassion" is a bit much, isn't it?). Snowe and Chafee, for their part, have condemned Santorum's remarks (Via Medley.) While I'm all for the GOP imploding, isnt it about time for the Dems to pile on the heat? To paraphrase Carville, when your opponent is drowning, throw him an anvil.

Toning down on the Syria talk, the Bushies instead decide to invoke their post-Iraq mojo to launch a sneak attack on the economy, vis a vis the now phased-in Dubya Dividend Debacle. It's not conservative to give out tax handouts to the rich during a time of exploding deficits, y'all. It's radical.

After the GOP punts on the tax plan (assuming a post-war Bush will have the leverage to push the bigger tax cut), the House passes a budget blueprint featuring record deficits. That's just brilliant. Y'know, I wouldn't hire these guys to run a Seven-Eleven.

While still desperately in denial about the nation's exploding debt, the GOP has, as expected, gone to war against its own moderate wing and threatened to sink the budget, in the hopes of preserving Dubya's $726 billion tax giveaway. This is despite the fact that the Daschle Dems have in essence already capitulated again, agreeing to pass an equally wrong-headed compromise plan half that size. Sigh...the Dems really have to get it together. At any rate, hopefully moderate Republicans will take DeLay's budget blackmail for the desperate, dangerous gamble it is and call him on it. Nothing screams GOP these days quite like a government shutdown.

It appears the halved tax cut is only the beginning of Dubya's domestic woes. As the war rages in Iraq, the Bushies' homeland agenda comes under increasing scrutiny from GOP moderates, who are unwilling to buy the argument that American troops desperately need estate tax relief. Hmmm...I wonder if Ari and the gang will go so far as to paint members of their own party as unAmerican. Can't say it's beyond the realm of possibility.

Despite the administration's attempt to use the war to promote tax cuts, the Senate does the right thing and slashes Dubya's tax giveaway in half. As I said last week, it's almost obscene to even consider this type of deficit-busting sop for the rich when America's fighting men and women are laying their lives on the line. In times of war, even (gasp!) the affluent must bear their share of sacrifice.

He's been a cheerleader for Dubya's policies in the past, but even Alan Greenspan has his limits. Much to the delight of Dems, the Federal Reserve Chairman now says the proposed Bush tax cuts are potentially disastrous in light of exploding budget deficits. Hopefully, this means the beginning of the end of Dubya's outrageous dividend plan.

In a remarkable confluence of GOP shibboleths, the Bush economic plan will cut taxes on tricked-up SUV's. Makes sense - not only does it help out Dubya's oil buddies, but I presume most SUV drivers (outside of Detroit) are GOP voters, particularly given the findings in this article (sent to me via Dumbmonkey.)

Emboldened by Dubya's dividend fiasco, the Dems get ready to fight back against the White House on both the dividend tax plan and the renomination of Pickering. I'm surprised Dubya endangered passage of the rest of his program by shoving Pickering down the Senate's throat again. But, nothing fails like success, it seems...and the dauphin must get what he wants.

They've been here for years. Nevertheless, the 108th Congress returns, with the GOP controlling all branches of government for the first time since the Jeffords defection. How much damage can they do in one term? I guess we're going to find out.

As we embark on war in the Middle East and the states grapple with their worst fiscal crises in a generation, Dubya moves once again to protect the wealthy by eliminating taxes on dividends, despite the minimal effect it'll have on economic growth. Typical. I've wondered aloud (10/12) about the double taxation on business profits before, but that was in better times, before Dubya blew out the economy with his deficit-exploding tax plan of 2001. (Speaking of which, thanks for the 300 bucks. It changed my life.) Given our dire economic situation and wartime footing now, it's almost criminal to eliminate dividend taxes to aid stockholders, particularly when high payroll taxes continue to consume the balance of working Americans' paychecks. (Of course, Dubya plans to pay for all this by freezing all domestic spending except homeland security.) Absolutely ridiculous...How out of it can you be? What will this plan do for the millions of Americans who don't play the stock market? Are they suppose to pay for the war in Iraq while the wealthiest Americans watch their bank accounts grow? I swear the Monopoly guy must be taking meetings with Karl Rove somewhere in the West Wing.