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July 11, 2006
Bush Pumps Shrinking DeficitEven the NYT had to acknowlege it a few days ago: Surprising Jump In Tax Revues Is Curbing Deficit Kudlow notes that the economy has grown quite a bit in the last couple years: Did you know that just over the past 11 quarters, dating back to the June 2003 Bush tax cuts, America has increased the size of its entire economy by 20 percent? In less than three years, the U.S. economic pie has expanded by $2.2 trillion, an output add-on that is roughly the same size as the total Chinese economy, and much larger than the total economic size of nations like India, Mexico, Ireland and Belgium. 20% overall growth. That seems somewhat good. In response to the cowbell-worthy economic news, Senate Minority Leader Harry Reid thoughtfully responded, "AIDS, crack, Bernie Goetz, rock-n-rolla cola wars, I can't take it anymore." Then he pointed down the hallway and said "Hey, oh my god, the dudes from Enuf Z'Nuff are going down on each other!" and then hid in a coatroom. From a brand-new blog by a long-time reader, tipster, and commenter. ![]() "But the deficit was going to bake me a pot!" Shenanigans Called On Kudrow: Larry the Urbanite objects that Kudrow's growth figure is non-inflation adjusted. An inflation-adjusted figure would be 11.4%, still vigorous (and more plausible), and hardly in need of trickery to make more appealing. TallDave objects to his using the non-inflation-adjusted US growth in comparison to the inflation-adjusted growth in other countries, which is obviously a bogus method of comparison. | Recent Comments
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The Monty Hall Problem
Thursday Evening Wholesome Cafe [Doof] No, I Will Not Be Doing That Trash News Disney Thread! Mike Waltz Rumored to be Leaving his position as NSA, along with his aide, Alex Wong EPA cancels 781 Environmental Justice Grants because Trump is a big ole meanie who ran on just this sort of thing, and you should be super mad about it The Morning Rant: Minimalist Edition Mid-Morning Art Thread The Morning Report — 5/ 1 /25 Search
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