Nov. 20, 2009 Rabbi David Aaron: How to make every second of your life come first Caroline B. Glick: Whither American Jewry Nov. 19, 2009 Binyamin L. Jolkovsky: Please Listen to this Godcast (5 minutes) Jonathan Tobin: ADL Crosses the Line with Report Bashing Obama Critics Nov. 18, 2009 Rabbi Yonason Goldson: What Judaism has to say about the secret of the Mona Lisa's smile JWisdom.com: The (Jewish) Dating Game with Rabbi Lawrence Hajioff (8 minutes) Nov. 17, 2009 Steven Emerson: How Does the 4th Amendment Impact Terror Finance Investigations? JWisdom.com: If Frank Sinatra married Edith Piaf with Rabbi Y.Y. Rubinstein (2 minutes) Life lessons from what would be regarded as the most inappropriate lyrics ever sung Nov. 16, 2009 The Jewish Ethicist by Rabbi Dr. Asher Meir : When borrowing is stealing JWisdom.com: Deconstructing faith with Rabbi Warren Goldstein (9 minutes) Nov. 13, 2009 JWisdom.com Sarah's subjective reality with Rabbi Sroy Levitansky ( 6 minutes) Caroline B. Glick: Obama's failure, Netanyahu's opportunity Nov. 12, 2009 The Kosher Gourmet By Marialisa Calta : A sweet sweet potato treat JWisdom.com Does God get tired? with Rabbi Harvey Belovski ( 5 minutes) Nov. 11, 2009 Rabbi Avi Shafran: Jews and money: When anti-Semitism isn't JWisdom.com Marriages are not made in Heaven with Rabbi Lawrence Hajioff (VERY fast 15 minutes) Nov. 10, 2009 Michael Doyle: Author of book exposing CAIR ordered to remove supporting documents from Web JWisdom.com If the creation so loudly shouts the existence of the Creator, why aren't more people believers? with Rabbi Naftali Brawer (9 minutes) Nov. 9, 2009 Mark Steyn: Shooter exposes hole in U.S. terror strategy JWisdom.com It's never too late to have a happy childhood with Sarah Chana Radcliffe (5 minutes) Nov. 6, 2009 Rabbi Berel Wein: Choosing to hear JWisdom.com Zero to 1/60th: How to Empower An Hour with Gavriel Aryeh Sande (7 minutes) Caroline B. Glick The mullahs' big week Suzanne Fields A Fallen Wall for Fallen Man Nov. 5, 2009 The Kosher Gourmet: Three scrumptious -- but simple -- butternut squash dishes JWisdom.com Hidden Hints: Unlocking Faith & Prayer with Rabbi Jay Yaacov Schwartz (10 minutes) Nov. 4, 2009 Tom Hamburger and Kim Geiger: Should prayers be covered? JWisdom.com When God played peacemaker With Rabbi Sroy Levitansky (5 minutes) Nov. 3, 2009 Martin Peretz: Beware, Barack. Beware, Rahm. Beware, Axelrod JWisdom.com Are you are closet idolater? With Sara Yoheved Rigler (10 minutes) Nov. 2, 2009 Paul Greenberg: The Holocaust is now on Facebook JWisdom.com Abraham's Strange Change With Rabbi Yitzchok Fingerer (5 minutes) Oct. 29, 2003 Mortimer B. Zuckerman: Graffiti On History's Walls (MUST-READ!)

Jewish World Review May 16, 2007 / 28 Iyar, 5767 The Tax-Cut Myth By John Stossel http://www.JewishWorldReview.com | The federal government keeps growing, as I pointed out last week, but the Bush administration has cut tax rates a few times since 2001. How can that be? The answer is simple: deficit spending. Some Republicans argue that deficits don't matter; that if you cut taxes, everything else takes care of itself. But that's a myth. Yes, the tax cuts stimulated the economy and increased tax revenues. It happens because, as the Laffer Curve illustrates [http://en.wikipedia.org/wiki/Laffer_curve], lower rates mean higher rewards for productive activities. People undertake investments and work that higher tax rates had discouraged. They are also less likely to invest time and energy in using accountants and tax lawyers to find ways to avoid taxes. That's all good, but there's a downside to cutting tax rates without cutting spending. Deficit spending disguises the real burden of government. As a result, we get more than we'd want — and that's not good. Government makes up the deficit either by borrowing, which removes productive resources from private hands and must be repaid by future taxes, or by creating money out of thin air — inflation — which steals purchasing power from us by devaluing our money. In other words, tax cuts without spending cuts are an illusion. The burden of government has not really been lightened. As the late Milton Friedman constantly pointed out, that burden is better measured by the level of spending, not the level of taxes. Shame on the Bush administration for trying to pull a fast one on the American public. President Bush brags that the deficit is coming down — and it is. It's expected to be "only" $244 billion by the time the current fiscal year ends. And the Office of Management and Budget projects a surplus in 2012. But that's largely because your FICA taxes currently exceed Social Security and Medicare payments. That will change in 2017 and 2019, respectively, when the baby-boomers retire en masse. After that, the Social Security and Medicare budgets begin to go south. Sharply. Avoiding devastating deficits then will take a Houdini. Let's give President Bush some credit for the falling deficit. Because of his tax cuts, tax revenue — our hard-earned money — is pouring into the government's coffers, Government spending is keeping ahead of that torrent, but at an ever-slower rate. Hence the shrinking deficit. But this is not necessarily a good thing. Bush boasted last year, "This economy is growing, federal taxes are rising, and we're cutting the federal deficit faster than we expected. Some in Washington say we had to choose between cutting taxes and cutting the deficit. Today's numbers show that that was a false choice. The economic growth fueled by tax relief has helped send our tax revenues soaring." But I don't want tax revenues to soar. That's money you and I could be spending for things we want. I want revenue and spending and government overall to shrink. So I'm not celebrating with the president. The deficit is shrinking because the government takes more and more out of the productive private sector each year. If revenues are pouring in, why don't the politicians return it to the taxpayers instead of spending it? Because politicians love to spend money. They get reelected not by how much they save but by how much they shower on interest groups. This was foreseen by anti-federalist writer Melancton Smith in 1787: "[A]ll governments find a use for as much money as they can raise." Things haven't changed much in 220 years. Every weekday JewishWorldReview.com publishes what many in in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here. JUST OUT FROM STOSSEL Myths, Lies and Downright Stupidity: Get Out the Shovel --- Why Everything You Know Is Wrong   Stossel mines his 20/20 segments for often engaging challenges to conventional wisdom, presenting a series of "myths" and then deploying an investigative journalism shovel to unearth "truth." This results in snappy debunkings of alarmism, witch-hunts, satanic ritual abuse prosecutions and marketing hokum like the irradiated-foods panic, homeopathic medicine and the notion that bottled water beats tap. Stossel's libertarian convictions make him particularly fond of exposes of government waste and regulatory fiascoes. Sales help fund JWR. JWR contributor John Stossel is co-anchor of ABC News' "20/20." To comment, please click here. Archives © 2007, by JFS Productions, Inc. Distributed by Creators Syndicate, Inc.

Arnold Ahlert  Mitch Albom  Michael Barone   Dave Barry  Tony Blankley  Andy Borowitz  David Broder  Stratfor Briefing  Mona Charen  Linda Chavez  Ann Coulter  Greg Crosby  Larry Elder  Suzanne Fields  John Fund  Frank J. Gaffney  Lloyd Garver  Jonah Goldberg  Julia Gorin  Jonathan Gurwitz  Paul Greenberg  Lewis Grossberger  Victor Davis Hanson  Betsy Hart  Nat Hentoff  David Horowitz  Laura Ingraham  Cheri Jacobus Jeff Jacoby  Paul Johnson  Jack Kelly  Ed Koch  Ch. Krauthammer  Michael Ledeen  John Leo  David Limbaugh  Kathryn Lopez  Rich Lowry  Michelle Malkin  Jackie Mason  Dick Morris  Bill O'Reilly  Jim Mullen  Clarence Page  Kathleen Parker  Dennis Prager  Wesley Pruden  Tom Purcell  Jonathan Rauch  Celia Rivenbark  Robert Robb  Cokie & Steve Roberts  Pat Sajak  Debra J. Saunders  Culture Shlock  Roger Simon  Michael Smerconish  Thomas Sowell  Mark Steyn  John Stossel  Cal Thomas  Bob Tyrrell  Diana West  Dave Weinbaum  George Will  Walter Williams  Byron York  Mort Zuckerman  Robert Arial  Chuck Asay  Baloo  Chip Bok  Dry Bones   Lisa Benson  John Branch  Gary Brookins  John Cole  J. D. Crowe  John Deering  Brian Duffy  Everything's Relative  Mallard Fillmore  Jake Fuller  Bob Gorrel  Joe Heller  David Hitch  Jerry Holber  Steve Kelley  Jeff Koterba  Dick Locher  Chan Lowe  Ranan R. Lurie  Jimmy Margulies  Rick McKee  Michael Ramirez  Kevin Siers  Jeff Stahler  Ed Stein  Danna Summers  John Trever  Gary Varvel  Kirk Walters  How 2  Lori Borgman  The Savvy Consumer  Elder matters  Fixit  Dr. Peter Gott  GET A JOB! by Marty Nemko  Richard Lederer  Tech Maven  Every Monday Matters  Nutrition Myths  Bookmark These  Bruce Williams  How Stuff Works