Friday, February 3, 2012

A Bald Face Lie

A key reason the deficit has surged in the past four years is that the government collected less tax revenue. In part, that's because the economy has yet to regain the millions of jobs lost during the Great Recession.
This is perpetuation of the pro-growth/tax the rich myth.The deficit was surging well before Obama took office under Bush.It wasn't a lack of revenue causing the deficit to surge then,nor is it now,but spending.

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