The taxes pouring into the federal coffers has hit two consecutive high points in history, and that is adjusting for inflation. And this is after tax cuts. Unemployment has been at the lowest level since the 60's. The Dow is at the highest ever, the only time it was closer was when the Clinton SEC allowed the dot-com fraudsters to create companies whose mission statement was to pay back the initial investors (that's a form of MLM). The Labor Department reports salaries raising faster than anytime since the 80's. More jobs have been created in the period of 2000 to 2005 than from 1990 to 1999. The economy is doing very well. Cut taxes for the wealthy and they invest in the market making the economy stronger, creating more jobs, increasing salaries, and generating income that leads to more purchase power, which leads to taxes pouring in at highest rates in history.
Proving for the second time in 18 years that supply side economics works.
2006-10-07
10:30:11
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17 answers
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asked by
dwh320
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Politics