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Putting the Spending Genie Back in the Bottle

goldilocks Wrote: Dec 30, 2012 2:22 PM
good luck!

As the following chart from Investor's Business Daily demonstrates, The Bush Tax Cuts didn't starve the federal treasury – revenue flooded in as the economy expanded from the pro-growth policies implemented in 2003 and continued until the sub-prime mortgage market collapse. 

Even with the anemic Obama economic recovery, revenues are again nearly equal to the level required to fund the government had spending over the last fifteen years increased at the rate of population plus inflation growth.  But, that has not been the case.

The pox on Bush and the Republican majorities is that while...