This country cannot afford a tax cut in the middle of his war of choice in Iraq. As he fondly compares this to WWII, wasn't it during this time that we issued war bonds and had a much higher tax rate also? I could swear I read that in college during one of my macro-economics classes. It makes no sense to cut taxes at a time when spending is going through the roof, in my eyes.
The war of choice must be paid for. There's no getting around that. Cutting taxes to do so is about as logical as going on a heavy-carb diet in an attempt to lose weight. Isn't one of those speech points that we as Americans must sacrifice to get ahead in the war on terrorism? If that is true, then we must start with taxes. Surrender this point and the others truly do fall into place.
However, with this being the worst president in American history, I won't hold my breath.