Budget May Be In Surplus Next Year

Measures of growth are done in percentages, because growth is compounding. Despite whatever numbers sound large to you, the fact remains that President Bush has had below average growth. It's not even a political statement: it's a simple fact that we've had below average growth.

If you were to put all of the Presidents since WWII, and you want to grade them by their economic growth rates, then President Bush is once again performing as a C student, below average. Yet somehow you're sounding like a teenage girl talking about the music greatness of her favorite boy band when you speak of how Bush has handled the economy.

Given what Pres Bush has had to deal with, it is remarkable the state of the US economy

None of the former Presidents had to deal with a $1 trillion blow to the US economy as with 9-11
 
Given what Pres Bush has had to deal with, it is remarkable the state of the US economy

None of the former Presidents had to deal with a $1 trillion blow to the US economy as with 9-11

See, that's better. Now you're acknowledging that we haven't been having "huge economic growth" and you're listing excuses why our growth has been below average. You're saying he's lucky to be making Cs since he had a family tragedy.
 
See, that's better. Now you're acknowledging that we haven't been having "huge economic growth" and you're listing excuses why our growth has been below average. You're saying he's lucky to be making Cs since he had a family tragedy.

I know it is very depressing to the Bush haters when ANY good economic news is reported.

Libs have this problem with a proven economic fact - tax cuts causes increased economic growth and generates more revenue to the governement

I think Pres Bush has done a great job with the economy and I hope we get MORE tax cuts.

With Taxacrat Defeatocrats in power, that is not likely. It is part of liberal arrogrance to take more of the money people earn
 
Libs have this problem with a proven economic fact - tax cuts causes increased economic growth and generates more revenue to the governement

If it's such a proven fact, then you're saying cutting taxes to $0 per person will bring in more revenue? Let's see how that works out for you.

As for how well of a job Bush did given the circumstances he was in, that's up for debate. I'm no Bush hater, but only Bush lovers like yourself are insisting that we're having "huge economic growth."
 
If it's such a proven fact, then you're saying cutting taxes to $0 per person will bring in more revenue? Let's see how that works out for you.

As for how well of a job Bush did given the circumstances he was in, that's up for debate. I'm no Bush hater, but only Bush lovers like yourself are insisting that we're having "huge economic growth."




Since only 1% of the producers pay 35% of income taxes, how much more do you want from them?

Also, since the top 50% pay 96% of the incomes taxes how much more do you want them to pay?

The Bush haters and the tax increase loving crowd fall back on the 0 tax rate ploy.

Libs and the Bush haters need to read Economics 101

Given the hits the US economy has taken over the last 4 years, the economy is doing very very well.
 
Since only 1% of the producers pay 35% of income taxes, how much more do you want from them?

Also, since the top 50% pay 96% of the incomes taxes how much more do you want them to pay?

The Bush haters and the tax increase loving crowd fall back on the 0 tax rate ploy.

Libs and the Bush haters need to read Economics 101

Given the hits the US economy has taken over the last 4 years, the economy is doing very very well.

Would you care to elaborate on what you mean by the "0 tax rate ploy." Actually you should review Economics 101, notably the Laffer Curve, because you don't know what you're talking about. Perhaps reality has a well known liberal bias for you ;).
 
Would you care to elaborate on what you mean by the "0 tax rate ploy." Actually you should review Economics 101, notably the Laffer Curve, because you don't know what you're talking about. Perhaps reality has a well known liberal bias for you ;).

I find it funny RSR talks about "libs needing to learn econ 101", and yet, RSR knows less about economics than any single poster on this message board.

:eusa_wall:
 
Would you care to elaborate on what you mean by the "0 tax rate ploy." Actually you should review Economics 101, notably the Laffer Curve, because you don't know what you're talking about. Perhaps reality has a well known liberal bias for you ;).

So if the tax cuts are so bad, why is the deficit projected to be in SURPLUS next year?

US Tax Revenues Up 9.7% through four months, Deficit Down 57%; yet Pres Bush does not get any credit

Libs and Bush haters are so quick to bash him over any bad news - but the good news is dismisssed

In fact, more proof tax cuts are good............

US Treasury Sets New 1-Day Tax Receipt Record Of $85.8 Billion
Tuesday September 19th, 2006 / 0h04


WASHINGTON -(Dow Jones)- The U.S. government recorded record-high overall and corporate tax receipts on Sept. 15, which was a quarterly deadline for tax payments, the Treasury said Monday.
Total tax receipts were $85.8 billion on Friday, compared with the previous one-day record of $71 billion on Sept. 15 of last year, the Treasury said.
Within the overall figure, corporate tax receipts Friday were $71.8 billion, up from $63 billion in September of last year.
Treasury Undersecretary for Domestic Finance Randal Quarles said Friday's numbers provided a "continuing demonstration of the strength of the U.S. economy."
"In fact, Friday's gross receipts were the largest in a single day in the nation's history - 20% higher than receipts on the same quarterly tax payment date last year," Quarles said in a statement.
-By Benton Ives-Halperin, Dow Jones Newswires; 202-862-9255; [email protected]
 
So if the tax cuts are so bad, why is the deficit projected to be in SURPLUS next year?

US Tax Revenues Up 9.7% through four months, Deficit Down 57%; yet Pres Bush does not get any credit

Libs and Bush haters are so quick to bash him over any bad news - but the good news is dismisssed

In fact, more proof tax cuts are good............

This website doesn't seem to indicate that we'll be having a surplus next year:
http://www.whitehouse.gov/omb/budget/fy2007/tables.html

Also, the CBO says that bringing back the tax cuts would have a negligible effect on the Economy, and increase government revenue, and we wouldn't be so much in debt. Basically the nonpartisan CBO says that the only effect the tax cuts are having is to make us more in debt.
 
This website doesn't seem to indicate that we'll be having a surplus next year:
http://www.whitehouse.gov/omb/budget/fy2007/tables.html

Also, the CBO says that bringing back the tax cuts would have a negligible effect on the Economy, and increase government revenue, and we wouldn't be so much in debt. Basically the nonpartisan CBO says that the only effect the tax cuts are having is to make us more in debt.

The CBO (along with libs) said the deficit would hit $500 billion the first year after tax cuts - it did not

The CBO has been higher in their projection then the actual deficit has come in at

Pres Kennedy, Pres Reagan, and now Pres Bush have proven lower taxes are good for the economy

The source for this thread is

http://www.csmonitor.com/2007/0221/p01s03-usec.html
 

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