Gummint
By Jayson ~ March 10th, 2006 @ 11:01 pm
The federal gummint on Friday issued its monthly report on revenue and spending.
Here are the highlights:
11.9% – Increase in gummint revenues (Feb. 2006 vs. Feb. 2005).
Yes, Krugman-Dobbs, lower tax rates can and do equate to higher tax receipts.
* * *
2.64% – Year-over-year decrease in the annual budget deficit.
Certainly not the kind of steep downwards movement we’d all like.
But in light of Katrina/Rita, not even close to the disasterous result many had feared.
Go figure.
* * *
8.0% – Increase in gummint spending (Feb. 2006 vs. Feb. 2005).
Grrrr.
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