Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: francisandbeans
"The era of a shrinking federal government has come to a close."

How can it come to a close when it never existed ?!!!

51 posted on 02/06/2002 6:05:43 AM PST by jimt
[ Post Reply | Private Reply | To 1 | View Replies ]


To: jimt
How can it (a shrinking Federal government) come to a close when it never existed ?!!!

From yesterday's Wall Street Journal:

The good revenue news is that tax cuts are trimming federal receipts as a share of the economy, just as Mr. Bush promised during the 2000 campaign. In Bill Clinton's final year, the feds grabbed a post-World War II record 20.8% of GDP; in 2001, after tax cuts and amid recession, that share had fallen to 19.8%, and in 2002 it will fall to 18.8% before starting to climb slowly again as the economy grows and more Americans are driven into higher tax brackets. This means more of the economy remains in productive private hands.
http://www.freerepublic.com/focus/fr/621939/posts

This when we are in a recession and Bush is proposing the most massive military build-up in a generation.His original budget was on track to reduce the Fed take of GNP to around 15%.

78 posted on 02/06/2002 6:20:25 AM PST by LarryLied
[ Post Reply | Private Reply | To 51 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson