....and yet in another story talking about the strength of the US economy and its stamina in a volatile world economy we find that things really aren't as bad as our leftward leaning friends are making it out to be.
Surprising, isn't it? You cut taxes and the revenue grows. You give people back more of their own money and they spend it on what THEY think is the right way to spend it and the gov't starts to refigure what the deficit really is. I know that it's amazing. But the deficit is there, in large part, because of the massive war spending measures that is a sacrifice for all of us to make in order for us to continue living and prospering in the most free society in the world.
I mean, just think about it. $56 billion dollars collected in December 2000 due to Clinton's tax HIKES and then $61 billion dollars due to Bush's tax CUTS.
But wait, doesn't the article say that corporate taxes collected were the reason for the majority of the $61 billion? Imagine that. According to most everybody in here, that's who got the majority of the tax cuts!