[AffirmativeReaction]

While I agree with Bush on foreign policy, his complete lack of fiscal discipline is pissing me off. I am a fiscal conservative first and foremost, and Bush has been anything but fiscally conservative. As much as I detest "tax & spend", I detest even more "cut taxes and spend more". This is definitely not good economic policy. The more money Washington has to borrow, the less there is available for everyone else to borrow. From Economics 101, when something is in high demand (money), the price of that commodity increases (interest rates).

[edeal]

You don't seem to realize that the deficit is a small portion of the economy. If I remember correctly, the economy is $11 Trillion (which is really $1.1 Billion, but that is another post). If the economy grows faster than deficits grow you are in better fiancial shape in the end than you were in the beginning.

By lowering taxes you can grow the economy faster, thus in the end (assuming a non zero tax rate), you will eventually recover more taxes at a lower tax rate.

Somewhere there is a perfect tax rate to recover the maximum revenue of a long period of time. The problem is there is no way to test for it.