Here’s a prime example of how the ObamaMedia is resorting to ignorant falsehoods in order to push the Democrat agenda.  Take this recent comment by NBC’s David Gregory:

“But the notion, but the notion that tax cuts or tax increases somehow impact economic growth, we know historically that's simply not the case. President Clinton raised taxes during boom times. President Bush lowered taxes did not spur great job creation. Isn't that one of the falsehoods that's peddled in Washington?”

If this is truly the belief of the libs and progs, then we might have more work to do than I had hoped.

First of all, let’s keep in mind that taxes do not create or kill jobs.  People do.  But people’s behavior is influenced by taxes and a variety of other economic factors.  But if we are going to play David Gregory’s little game, then let’s play hard ball.

The fact is that Bill Clinton’s 1993 tax hikes actually slowed economic growth.  From 1993 until 1997, the economy grew at a pedestrian 3.3% per year – a number Barack Obama would kill for.  But what happened after 1997?  Tax cuts!  The top capital gains rate was cut from 28% to 20%, among other cuts.  Here’s what happened as a result, according to the Heritage Foundation:

Business investment skyrocketed after the tax cut, and the economy grew at an annualized rate of 4.4 percent (33 percent faster than after the Clinton tax hike) from 1997 through the end of the Clinton presidency. Real wages reversed their downward trend and grew 1.7 percent per year during the same time. 

Interesting how David Gregory, the ObamaMedia and other Libtards don’t bother mentioning THAT little factoid, isn’t it?

And about the Bush tax cuts not spurring job creation … the Heritage Foundation has some convenient facts to debunk that falsehood as well:

In May 2003 Congress accelerated the tax cuts to make them effective immediately. In addition to reducing marginal income tax rates, Congress also lowered the tax rates on capital gains and dividends.  It was at this point that economic growth took off.  From May 2003 until December 2007 (when the recession caused by the global financial meltdown occurred) the economy created 8.1 million jobs, or 145,000 a month. By comparison, after the beginning of the 2001 recession and before the 2003 tax cuts, the economy was losing 103,000 jobs a month.

Unfortunately these facts don’t fit into the Dem, prog, lib, ObamaMedia agendas, therefore they will go unreported until you tune in to hear my radio show or read Nealz Nuze!  That’s just the kind of guy I am.