| May 2012 | ||||||
|---|---|---|---|---|---|---|
| S | M | T | W | T | F | S |
| 1 | 2 | 3 | 4 | 5 | ||
| 6 | 7 | 8 | 9 | 10 | 11 | 12 |
| 13 | 14 | 15 | 16 | 17 | 18 | 19 |
| 20 | 21 | 22 | 23 | 24 | 25 | 26 |
| 27 | 28 | 29 | 30 | 31 | ||
[Bush] created a war in Iraq that has further helped bust the economy...
Stone is completely out of touch with the facts.
Sharp Rise in Tax Revenue to Pare U.S. Deficit
For the first time since President Bush took office, an unexpected leap in tax revenue is about to shrink the federal budget deficit this year, by nearly $100 billion.
On Wednesday, White House officials plan to announce that the deficit for the 2005 fiscal year, which ends in September, will be far smaller than the $427 billion they estimated in February.
And growth of the economy is the strongest it's been since 1999:
The economy grew by 4.4 per cent last year, the strongest performance since 1999. Private economists believe this year could clock in around 3.5 per cent, a slower but still healthy pace.
Those who opposed the tax cuts made a potentially serious mistake in doing so, and Stone would have us repeat that error.
See also these previous posts:
Lower Taxes Make the Economy Stronger
