Today our friend John Rutledge was at the White House to talk about the importance of retaining the 2003 tax cuts on capital and income.

U.S. Chamber chief economist Marty Regalia, John Rutledge, and President Bush

John did some crucial research leading up to the '03 rate reductions on capital gains and dividends predicting a large boost in the stock market and dividend payments. As this chart of real personal dividend income shows, he was right.