Phillwright

Forecast 2008: Outlook for the US Economy

Nice article. It is amazing to me how people cannot open their eyes to the FACT that every federal tax cut ever enacted created a windfall of capital to the federal tax coffers. Bush the first while running against Reagan for the Republican nomination , called Regan's tax cut promises "Voodo Economics" of course, four years later the nation was quite thankful for Voodo Economics that turned our economy form a Jimmy Carter recession to a Reagan windfall with the highest cash increase to the federal government in US history. But of cousre that incrasae was dwarfed when Bush II decided to cut taxes again. Result: less money taken from the average Joe and Jane American meant new record income highs for the federal government. Its our money and only conservatives understand that the less you take away from us the more we'll spend on the ecconomy!