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Audacity of Truth
Whiner-in-Chief:
"[W]hether the grumbling is about Republicans on Fox or bloggers in pajamas, there's a word for what the president and his aides are doing. That word is "whining." And nothing [...] does more damage to Obama's credibility or authority than the sense that a popular president is becoming the whiner-in-chief."
- John Nichols, Nation Magazine - 10/12/09
Nobody’s talking about it but deficits are shrinking …
… as tax revenues continue to outpace spending. Willisms has all the details.
So much for the ‘gloomy’ ecomony the Dems keep trying to tell us exists.
Hat tip: Rob at Say Anything
More: Via the AP:
April Tax Revenue 2nd-Highest in History
A flood of income tax payments pushed up government receipts to the second-highest level in history in April, giving the country a sizable surplus for the month.
In its monthly accounting of the government’s books, the Treasury Department said Wednesday that revenue for the month totaled $315.1 billion as Americans filed their tax returns by the April deadline. The gusher of tax revenue pushed total receipts up by 13.4 percent from April 2005.
It marked the largest one-month receipt total since the government collected $332 billion in revenue in April 2001, reflecting a boom in capital gains from stock investors lucky enough to cash out their investments before the bursting of the stock market bubble in early 2000.
Hat tip: Kim Priestap at Wizbang
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Not to mention the stock market is at record highs.
Increased tax revenue for the Government, even with the tax breaks.
- The house just passed the Presidents tax cut bill renewal. The senate is expected to follow suit, and then the Pres. can sign off on it.
- Bang
I hear it is only for 5 years and not permanent though.
Is that right?
- That may be so sanity, but still it takes us into the next Republican Presidents term, and then She can renew it again.
- Bang
It seems like a pain, but I kind of like it when they make laws that last X number of years. That way, if the law turns out to be harmful in some way, they can’t just brush it under the carpet, since they have to vote to keep it active.
I hope they do that with more laws, so the unpopular ones will fade away, since congressmen won’t want to vote for them. That may be wishful thinking though, if their handling of illegal immigration is typical.
Ack. I was using the figure of 14.1% Revenue increases last year. I didn’t realize that was revised to 14.6%….
Woo Hoo !
What were those bumper stickers back in the Clinton years?
Something about “Life is beautiful Everything is Great, etc”
Where are the sheople with those bumper stickers?
Out burning a few tons of “Culture of Corruption” bumper stickers no doubt….
- Bsng
ST! Shhhhh! “Bush lied! Bush lied! Bush lied!”
/whispering: we don’t allow good news to be reported during a Republican Regime! Now, hush up! /end whispering