Well that sucks .. more good news for our Country
Tax cuts always work.
The piece is spun with the usual NYT pessimism towards the end...
Any good news for the Bush Administration is always spun as bad by these cretins...and then Bad News is spun as World Ending Horror...the Slimes can always be counted on to use every rhetorical device in their arsenal to cover good news.
Now if we could just sober up all those sailors on both sides of the Aisle...
Unexpected by everyone except Republicans! How does a Party that is consistantly wrong have ANY credibility?
Pray for W and Our Freedom Fighters
The democrat party is collectively tearful and sobbing with rage over this good news for the USA.
< snicker >
They must have strangled several at the NY Slimes to get this printed. Of course Khan, a Dem on the House Budget Committee says it's bad in the long run. More gloom and doom, go figure.
I proudly accept thanks for my role in these increased tax receipts! I changed jobs two years ago and doubled my salary and bonus. I pay a lot more income tax than I did then, but of course I am taking home much more too. And I know many other people who are enjoying significantly higher incomes than they were a few years ago. It isn't just wealthy investors with cyclical increases in capital gains and investment income. But go ahead and believe the Treason Times' propaganda if you want to.
2000______+236.2____________________3,409.8
2001______+128.2____________________3,319.6
2002______-157.8____________________3,540.4
2003______-377.6____________________3,913.4
2004______-412.7____________________4,295.5
2005______-318.3____________________4,592.2
Source: CBO
(I hope this formatting comes out OK. I couldn't remember how to use courier, and had to wing it).
So, this will get the deficit back to roughly 2002 levels. However, our Republican President, Senate, and House have added ONE TRILLION DOLLARS to the national debt in those three years, and the out-of-control spending just keeps on going.
I'm not impressed. I wont be impressed until I see the numbers on the right go down to at least what they were before Bush took office.
That just can't be - I have been hearing over and over how the deficit is continuing to grow exponentially because of all the tax cuts to the mega-rich - the ad that uses a Paris Hilton impersonation (a rather bad one at that).... The ad encourages us to contact our Senators to tell them we don't want any more tax breaks for the mega-rich...
Stupid liberals.
Once again, Bush's fault! LOL
I'm coming around to supply side economics. I've been a conservative more because of social issues than economic ones but I have been watching the federal government revenue growth since the tax cuts and it's amazing. It is also having a ripple effect on state government revenues. They have also increased dramatically in the past couple of years. Of course revenue can alway be spent faster than it's taken in. It time to start telling liberals we might need a tax increase to slow the economy. I'm sure they'll appreciate the comment.
Now if they can only control the spending...
And all this IN SPITE of the terrible economic impact of 9-11, an expensive war on Islamofascistism, rebuilding of Iraq, Afghanistan, and the ever-increasing Federal budget with its myriad of wasteful programs.
If Albore had been successful in stealing the 2000 election, we'd be in an economic sinkhole right now.
Tax RATE cuts always work!
"In less than three years, the U.S. economic pie has expanded by $2.2 trillion, an output add-on that is roughly the same size as the total Chinese economy..."
Where are the voices that were so quick to cry "prosperity!" during the Klinton years?