The Cellar - View Single Post - No more government

Fair&Balanced · 04-16-2011, 04:47 PM

Thanks.

But it still does not provide enough detailed information to make any useful comparisons between FY 07 and FY 09 w/o more specific budget information.

I would still maintain that most of the the increase in FY outlays between the two years is due to TARP and other outlays related to the the onset of the recession and the decrease in income was due to the full implementation of the 03 tax cuts and other decreases related to the onset of the recession (lots more unemployed among the middle class = less revenue from income taxes).

04-16-2011, 04:47 PM	#58
Fair&Balanced Operations Operative Join Date: Feb 2011 Posts: 495	Thanks. But it still does not provide enough detailed information to make any useful comparisons between FY 07 and FY 09 w/o more specific budget information. I would still maintain that most of the the increase in FY outlays between the two years is due to TARP and other outlays related to the the onset of the recession and the decrease in income was due to the full implementation of the 03 tax cuts and other decreases related to the onset of the recession (lots more unemployed among the middle class = less revenue from income taxes).