[groanup]

The Wall Street Journal had an excellent article on this recently. As I see it there are two major lies being perpetuated on the public by leftist politicians and their water carriers in the media:

1. The CBO models are gospel and are often quoted by politicians to paint scary pictures of soaring deficits. The fact is that the models are static and severly flawed with regard to economic consequences of tax policy.

2. All evidence of tax cuts creating higher revenue is ignored. You only occasionally see articles such as this outside the WSJ or one or two other reasonable publications. MSM has easy access to this data but would rather shine the camera on some bloviating pol who rants and raves that the country can't afford tax cuts.

[pigdog]

And yet these morons (along with the Squirrels, of course) rely on CBO nonsense to try to stave off the FairTax ... which is coming anyway.