Friday, October 12, 2007
Quote of the day
"Federal receipts have climbed by $785 billion since the 2003 investment tax cuts, the largest four-year revenue increase in U.S. history. The overriding lesson here is that the best antidote for deficits is faster growth, not tax increases.
"The budget deficit has declined more rapidly this decade in the wake of the Bush tax cuts than it did in the 1990s in the wake of the Clinton tax increases." [Emphasis mine]
-- Wall Street Journal editorial (HT: Rich Galen)
"The budget deficit has declined more rapidly this decade in the wake of the Bush tax cuts than it did in the 1990s in the wake of the Clinton tax increases." [Emphasis mine]
-- Wall Street Journal editorial (HT: Rich Galen)
# posted by Joltin' Django @ Friday, October 12, 2007 
