Comments | reality_hammer: About that deficit thing...

reality_hammer

About that deficit thing...

Aug 11, 2006 15:34

Democrats cried in their cereal after hearing this news this morning:
WASHINGTON - The federal deficit through July is running well below last year's pace, helped by strong growth in revenues, the Treasury Department reported Thursday ( Read more... )

tax cuts, federal revenues, federal deficit

Comments 10

megd August 11 2006, 19:43:37 UTC

You do realize they'll spin this their way any time now.

"It was, ummm, Hillary and Obama, they fixed the deficit. Not Bush."

reality_hammer August 11 2006, 19:46:30 UTC

lol

You know, back in 1992 Democrats claimed that the improving economy (in 1992) was due to the fact that people knew Clinton would be elected.

Nothing would surprise me!

megd August 11 2006, 19:50:36 UTC

Wait, no I got it.

It's because of Hurricane Katrina, all those people suffering (and Bush controlled the weather and did it on purpose) caused the deficit to fall.

Hi by the way, I added you a while ago.

reality_hammer August 11 2006, 19:59:52 UTC

I noticed :). Good to have you aboard.

spicy_mustard August 11 2006, 19:51:25 UTC

I blame...uh, I mean TAX CUTS WORK!!!

TGIF!

jelly_doughnut August 11 2006, 19:51:47 UTC

That's great and all but when you say "Tax cuts work" all a democrat hears is "blah blah blah." They can't help it, they were born that way (we should give them some "government money" because of it).

response August 11 2006, 20:03:29 UTC

Increased revenues are all good. Now we need to cut the spending.

bull August 11 2006, 20:51:00 UTC

Yes please...

reality_hammer August 11 2006, 21:05:53 UTC

I agree. Tax cuts are only part of the deal. Cutting spending would really make the economy rock and roll.

2dumb4politics August 12 2006, 13:40:34 UTC

So, wait, you pass tax cuts and the economy expands and people make more money and more people have jobs and the deficits come down...well I guess all I have left to do is whine that it "just started working".

Wave those hands faster, you might just get airborn.

It seems that someone made a valid point and you didn't like it. The economy almost always grows, it's not a reflection of the quality of life for the average citizen. Saying that we have "more jobs" is a sick joke because they're mostly burger flipping jobs. If the tax cuts work, why are businesses cutting hundreds of thousands of professional jobs and slashing benefits? This is but a single year which is not complete whose statistics are being presented by the same people who instituted the tax cuts.

If you want a case study of trickle-down economics, why don't you study Reagan and Bush Sr.?