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Politics : Politics for Pros- moderated

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From: LindyBill	10/19/2006 1:36:40 AM
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Pelosi-nomics By Kudlow Money Politic$ (Many thanks to my friend Dan Clifton over at the American Shareholders Association for painting such a clear economic picture here...) “None of these tax cuts is affordable. None of them creates jobs, and they are not fair. All of them do damage to our long-term economic growth and contribute to the national deficit.” -House Minority Leader Nancy Pelosi (D-CA); May 09, 2003 Fact: 6.6 Million New Jobs Fact: Unemployment Rate Drops From 6.3 Percent to 4.6 Percent Fact: Unemployment Rate Dropping Faster Than CBO Expected Fact: GDP Soars Following Tax Cut Fact: Total Household Net Worth Has Increased by $14.4 Trillion Since the Tax Cut Fact: The Deficit Has Declined $208 Billion Since April 2004 and $60 Billion Since the Tax Cut Was Signed Into Law Ladies and gentlemen, it is still the greatest story never told...

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