“Tax Cuts for The Wealthy”
Apropos Jayson’s post on economic growth rates below, I created this little graph to illustrate the effects of President Bush’s “tax cuts for the wealthy” on the US economy.
In addition to dramatically growing the economy, the “tax cuts for the wealthy” have also resulted in anuual federal revenues increasing by hundreds of billions of dollars, thereby reducing the federal budget deficit.
Unemployment is down to 5 percent - near the giddiest levels of the 1990s, and far better than the “full employment” levels of previous decades.
-- PoliPundit