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A DESPERATE REVISIONISM.(A)(EDITTOP)

Investor's Business Daily

| March 01, 2001 | COPYRIGHT 2001 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

To hear the Democrats talk about President Bush's budget and the last two decades, you have to wonder if they saw the same speech - or inhabit the same world as the rest of us. This blindness to reality may explain why they're having trouble at the polls.

Bush did a good job with his speech - even Democrats had to concede that. He presented his ideas clearly and simply with a dash of self-effacing humor thrown in.

The same can't be said for th

e Democrats' response.

Yes, you could expect some of the class warfare rhetoric - it's been the Democrats' stock in trade since Lyndon Johnson.

But Sen. Tom Daschle of South Dakota and Dick Gephardt of Missouri went far beyond that into a fantasy land where black is white and vice versa.

The two men correctly likened Bush's tax plan to that of Ronald Reagan 20 yearsago. It cuts marginal rates to spur productivity and growth.

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