Another article on this
Here.
Okay, I'll concede that cause and effect aren't nailed down by just showing a time relationship, but like I've said elsewhere, you can bet that if the revenues were going down, the Left would be putting 100 percent of the blame on the Bush tax cuts.
Best quote from Krugman:
And Krugman frets that the revenues flowing into the US Treasury are the wrong kind. Not enough growth, he says, is coming from taxes "tied to the number of jobs and the average wage, such as payroll taxes and income taxes."
So, now we have dropping unemployment rates that don't count because the new jobs are "bad jobs," and increasing tax revenues that don't count because they're "bad revenues!" This is getting hilarious.
