Free Republic

Another Mission ‘Accomplished’ Published: July 11, 2006 There not much to crow about in the White House midsession budget review. But President Bush is likely to gloat, anyway. /snip The revenue surge is neither a sign that the tax cuts are working nor of sustainable economic growth. A growing number of economists, most prominently from the Congressional Budget Office, point out that upsurges in revenue are also the result of growing income inequality in the United States, an observation that is consistent with mounting evidence of a rapidly widening gap between the rich and everyone else. As corporations and high-...