Thursday, October 14, 2004

Other debate coverage

Powerline has some interesting suff (here, here, and here) as well as a completely opposite take than mine on a few things. Here's a few of his best points:

I was struck by Kerry's two overriding themes last night: 1.6 million jobs have been lost under President Bush, and the Bush tax cuts unfairly reduced taxes on the top 1 percent of income earners. Kerry's point on job loss ignores every relevant fact, including job growth since the Bush tax cuts became effective. Preeminently (to my mind), Kerry's point on job loss under the Bush administration ignores the devastating economic impact of 9/11. In that sense Kerry's point is of a piece with Kerry's critique of the Bush foreign policy and avowed goal of defeating terrorism -- 9/10 all the way.
Kerry's point on the Bush tax cuts ignores the fact that the top 1 percent of income earners pay approximately 30 percent of all income taxes. It would be nice to know what Kerry thinks the fair share of taxes paid by the top 1 percent should be. In any event, Kerry's refrain regarding the top 1 percent hit the traditional Democratic theme of class envy. Is it a winner? I hope not.

SCSU Scholars has the economists point of view: Kerry would break the bank, Bush right on Pell Grants, Kerry's wrong on pay as you go.