MUCH worse.
Noteworthy:
"The tax cuts sparked an economic expansion that continues to this day, one which has increased revenues to the federal government by 22% since their full implementation. The lower rates improved capital investment in the economy, created jobs and lowered unemployment to 4.5%, and expanded prosperity.
What has been the Democratic response? Not only to raise taxes back to the pre-expansion level, but to add even more federal spending on top of it. It envisions a 5% increase over FY 2007 spending just to start. That's the largest single-year increase since 2002, and it comes on the compounded increases of 3-4% year-on-year of the Republican Congresses of the Bush term. It represents a whopping 40% increase from FY 2000, when the budget came in at $2.1 trillion."
Bend over, folks.
The Dems/Lefties/"Progressives" are in power.
And be sure to protect yourself financially against the economic disaster that's on the way......
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