In a few places, the president played Pinocchio (or was at least misleading), and the papers mostly give him a pass. The NYT for instance, notes that the president "promised his American audience tax relief for ordinary families and for investors in the stock market." Setting aside the use of the loaded-term "tax relief," the sentence was a concise summary of Bush's assertion that his tax cuts will save 92 million Americans "an average of almost $1,000." Except that that assertion is deceptive, as NYT's Paul Krugman and others have pointed out. (Americans whose income is near the national mean would probably save a few hundred bucks.)