"The jobs and growth proposals I've outlined today are a focused plan to encourage consumer spending, to promote small business growth, to boost confidence in our markets and to give critical help to unemployed citizens. These tax reductions will bring real and immediate benefits to middle-income Americans." Bush said in a speech at the Economic Club of Chicago.

After listening to President Bush unveil his economic plan for the immediate future it was obvious that he and his administration have tried very hard to come up with a plan that would help to stimulate the economy while giving all the American people the needed tax relief that we need. His new economic plan would offer an estimated 92 million taxpayers an average tax cut of $1,083 and create approximately 2.1 million jobs over the next three years. What wasn’t surprising was that the Democrats came up with a less inclusive and admittedly less expensive plan that gave most of the tax relief to those who put in the only a modest amount of tax revenue and one that came up so short in their tax relief proposal for the corporations of the United States that it would provide them virtually no relief at all during this time of corporate hard times. Sen. John Edwards of North Carolina, a Democratic presidential hopeful, said Bush's plan was unfairly beneficial to the wealthy.

I can’t help but think that we are going to hear a lot of rhetoric from the liberal left as to why this tax proposal by the President is so detrimental to the economy of the U.S. It most likely will start with Nancy Pelosi standing behind her podium, newly swore to her leadership post spouting the party line (most likely crafted by Terry McAuliffe and his backroom cronies) and work its way through the Democrats of the House and Senate and then the Democratic presidential candidate hopefuls. Their rhetoric will condemn President Bush’s plan as one that panders to the wealthy while forgetting about the middle class. We will hear this old, tired tag line over and over again because it is getting to be primary time and the Democrats really have nothing to base their platform on. Once again they will have to dip into McAuliffe’s bag of election time tactics and start spinning the truth, manipulating the numbers and blatantly lying to the American people about the truth of the matter. It’s as if it is a tradition with this group! And the subject is looking like it is going to be the economy.

Pay no attention to the fact that financial woes, when left to their own devices take years to develop. Anyone who understands the very basics of the American economic process knows that recessions and economic boons take years and in some cases decades to develop. The economics of the United States isn’t so much like a personality that changes moods quickly but it is rather like a locomotive that is either trying to coming to a stop or trying to excel. In that respect the economic party that we experienced throughout the 1990’s was not based on the sound economic guidance of the Clinton Administration but rather it was based on the slow methodical work of the Reagan-Bush Administrations. One could argue that the blind eye the Clinton Administration turned toward the massive corporate greed and malpractice was the basis for the recession that we are emerging from at this time. To lean toward validation of this theory one needs only to look at who was in power during the criminal acts that took place at Enron, WorldCom and the rest of the over-valued paper tigers that raped the retirement funds of thousands of hard working Americans. If that is the case, and in all probability it is, then some of the Clinton Administrations main players should be brought up on charges but in all honesty that will probably never happen. It does stand as a testimony to the fact that the corporations of the United States need to be administered to with a straight forward and sound corporate policy and must be afforded the same financial opportunities that the individual is offered. We see this fair treatment in President Bush’s proposal.

The fact of the matter is that the plan itself is sound. The rhetoric the Democrats will offer is the same old smoke and mirrors that they serve up every time they have nothing to say. When the wealthiest one percent pay almost four times what the upper ten percent pays in taxes and almost seventy times what the bottom ten percent pays it only makes sense that if the tax cuts are to be equitable then the upper one percent will receive the lions share of the benefits. Just because the numbers are staggering doesn’t mean that they are out of line it simply means that the tax brackets are that amazingly different for the varying incomes. If three people pay $100, $25 and $10 in taxes and a proposed tax cut is levied in the amount of ten percent the return is going to be $10, $2.50 and $1 respectively. Is there a huge difference between the $10 rebate and the $1 rebate? Yes. Is it inequitable? Absolutely not, but that is what the Democrats would have you believe. The taxation ideology of the Democrats would rebate the total amount equally so that each of these taxpayers would receive $4.50 in rebates. As you can see, this type of thinking simply doesn’t work but it is what the Democrats would have you believe is fair based on the category of need rather than the equitable category of fairness.

But then that is the modern day Democratic Party for you; divide and conquer, gain power at all cost with the end justifying the means. Franklin D. Roosevelt would weep, Truman would cuss and all the while the Clinton Democrats would be taking the W’s off of the typewriters.

Frank Salvato is a political media consultant and the managing editor for The New Media Journal.us. He is a contributing writer for The Washington Dispatch, GOPUSA, OpinionEditorials, Men’s News Daily, Canada Free Press & AmericanDaily. His pieces are regularly featured in Townhall.com. He has appeared as a guest on The O’Reilly Factor, The Kevin Matthews Radio Show (Chicago) and The Brad Messer Radio Show (San Antonio). His pieces have been recognized by the Japan Center for Conflict Prevention and are occasionally featured in The Washington Times and The London Morning Paper as well as other national and international publications.