Thanks to the growing US economy, tax collection has increased - even with Bush's tax cuts - to the point where the budget deficit may drop as much as 24% this year.
posted by Finnpundit at 2:58 PM
Friday, July 08, 2005
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7 Comments:
http://www.nytimes.com/2005/07/11/opinion/11krugman.html?n=Top%2fOpinion%2fEditorials%20and%20Op%2dEd%2fOp%2dEd%2fColumnists
We'll see. I would wish thought that GAAP (Generally Accepted Accounting Principles) would be used in Federal budget.
Anonymous: Paul Krugman of the New York Times is a known advocate for welfare state socialism. As such, his opinions are can easily be dismissed as completely biased and partisan.
And only two/three years ago they predicted that Bush's policies will destroy the economy. It's amazing how fast these things can change.
http://www.weeklystandard.com/Content/Public/Articles/000/000/005/816nmart.asp
And your views aren't biased and partisan?
Were not talking about my views. We're talking about Krugman's views, whose been presented as some sort of an unbiased authority.
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