First, it seems the tax cuts are cutting away at the left's only real legitimate criticism of the Bush administration (deficit spending) as those dem der evil tax cuts prompted such economic growth that the deficit is expected to shrink because of unexpected tax revenues.
SECOND, it was the NEW YORK TIMES that wrote the article.
Of course, it's only the New York Times. Main stream media. You know, that ailing dinosaur that is about to become extinct.
And the reason it's about to become extinct is because of natural predators like myself can outdo them in accuracy and above all CHARTS!!!!
So here it is, the government deficit as a percent of GDP.
My favorite is how the deficit during WWII provides some excellent context as to just how expensive the "War in Iraq" is.
Of course the severity of the deficit during WWII warps and dwarfs other deficits, so I focused in on the last 30 years here;
2.3% of GDP?
Yeah, right, Laffer didn't know squat.
4 comments:
Hi Captain!
Interesting post and graphs. I put a link to it at Discarded Lies. I also hotlinked one of the graphs; please let me know if that's a problem and I'll ask the blog owners there to undo it.
~Penny Soaky
I probably should've left an email address:
pennysoaky@yahoo.com
~Penny Soaky
that's perfectly alright Penny.
Wow!
A a liberal that;
1. Goes on a tangent to avoid the topic at hand
2. Uses a non-sequitir to change the topic
3. Outright lies about European standards of living vs. the US either cause he's uninformed or purposely believes in untruths.
and my favorite
4. BLAMES EVERYTHING ON BUSH!
Wow, never would have seen that coming.
Posts of that level of stupidity will not be tolerated from you again and this one is only tolerated to show others what an idiot you are.
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