August 11, 2005

Tax rates cut and tax receipts go UP, UP, UP...

Supply-side economics in all it's glory! Deficit continues to shrink.
In its monthly budget statement, the Treasury Department said government receipts rose to $142.09 billion in July — a record high for the month — compared to $134.42 billion in July last year.
F.U. Krugman!

H/T: ABP

UPDATE: 10:24am
Jobless claims tumble again for the fourth straight week - falling to a five month low. Analysts are stymied. Democrats are losing their minds. Double F.U. Krugman!

Posted by Gary at August 11, 2005 09:17 AM | TrackBack
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