Wednesday, October 11, 2006

Who'd Have Thunk It?

Federal deficit falls to smallest level in 4 years:

The federal budget deficit, helped by a gusher of tax revenues, fell to $247.7 billion in 2006, the smallest amount of red ink in four years.

Wait a second. Are you saying that cutting tax rates leads to increased tax revenues? Imagine that.

Next you'll try to tell me that gas prices go up when demand exceeds supply.

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