Saturday, October 30, 2010

Income rates grow more under Democratic presidencies than Republican ones.

Income disparity: Growth rates 1948-2005 The trick is how they get poor and middle income people to vote Republican. Will they do it again with all of these dirt poor tea baggers? We'll see.

Dispatches From the Culture Wars

"From 1962-2001, the average growth in total federal spending under Republican presidents has been 7.57%; under Democrats, 6.96%. Bush certainly did not help those averages any after 2001. During that same period, the average yearly deficit under Democrats was $36 billion; the average under Republicans was $190 billion. So under Republicans, spending grows more but revenues grow less because they always insist on tax cuts."

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