Tuesday, March 15, 2005

Article: Fury: Greenspan

The Angry Bear has possibly the best breakdown of the Bush tax cuts that I have ever seen. Check out this Angry Bear article, Responsibility for the Deficit. The article is about how wrong Greenspan was to support the Bush tax cuts--the Angry Bear people are always railin' on Greenspan--but take a look at that graph! Even taking into account this expensive Iraqi war we've gotten ourselves into, without the tax cut America would be in the clear by 2011. With it, we will still be 300 billion dollars in the red in 2011 (we are currently 400 billion in the red. oh gawd.)

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