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Not buying it

The President has been repeating the following mantra a lot:

bq. "See, the more money you have in your pocket, it increases demand for goods and services," he said during a stop at a plastics plant in Omaha, Neb. "And when there's an increased demand for goods, or increased demand for services, in our society, in our marketplace, somebody is going to produce the good or service. And as somebody produces that additional good or a service, it means that somebody is more likely to find a job."

But Bush has repeated this line so many times that it sounds like a lecture now, and it's a lecture that he doesn't deliver very well. Here's a question somebody ought to ask him: If it's about "increasing demands for goods and or services," why so much attention to dividends and capital gains (the cut in which, by the way, received very little debate), the taxes on which don't really prevent the masses from seeking those goods and services? Does an extra $200 (for the middle fifth of income earners) really get us as many jobs as Bush promises?

Would that this image could come true, thus fulfilling Bush's dream of the service economy.