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This was likely a result of the tail of the dot com bubble.
Revenue as a percentage of GDP declined 2001-4 and then picked up, fueled by the housing bubble.
Game over in 2008, despite there being 2 years remaining on the cuts.
No, it was NOT.
2005 -2007 were, especially in employment taxes. Housing bubble has ABSOLUTELY nothing to do with increased IRS returns - booming economy ( due to lowered taxes as a part of it) - is.
Seems that Dubya has taken to painting these days and is singing its praises. That's just dandy, but maybe he should have considered the benefits of the arts when he cut these programs to pay for two wars and tax cuts for the wealthy.
Bush 2006-07 Budget Cuts $4.3 Billion from Education
Kills or Greatly Slashes Funding for 46 Education Programs
In his fiscal budget for the federal 2006-2007 year that commences on October 1, 2006, President Bush proposes to end 42 US Department of Education programs and significantly reduce spending for four other Education programs, for total budget cuts of $4.279 billion.
This article is a complete listing of those 46 programs, along with program descriptions per the US Department of Education website.
Cut...Arts in education, $35 million - development of programs designed to improve or expand arts education (music, art, theater, dance) in elementary or middle school curricula.
Things that Obama`s involved in? Like saving the auto industry, killing Bin Laden, doubling the value of the stock market, saving seniors $3.4 billion on prescriptions ? Oh the horrors!
Seal team 6 killed Bin Laden. Obama killed them.
He did NOT save the Auto Industry. Chrysler had get bought out by Fiat or still go under. GM is still struggling. Fisker is GONE.
The stock market is INFLATED and Obama has Zero to do with that.
Is this the best you could do to try to distract from Odumbo's latest failures?
If that's all ya got, I guess that I was not mistaken isn my assessment of having to explain to you as I would have to with a child. Shame, maybe you would have benefitted from some art/cultural programs to stimulate the cerebral cortex.
GWB is evil because he paints. he paints but as a conservative didnt think it was smart to spend peoples tax dollars on artists that do things like put Jebus in a bottle of pee.....
sorrynogoodevildevilrepublican! How DARE you be artistic!
If that's all ya got, I guess that I was not mistaken isn my assessment of having to explain to you as I would have to with a child. Shame, maybe you would have benefitted from some art/cultural programs to stimulate the cerebral cortex.
What more would one need to rebut your asinine troll thread?
Liberal rule book for political discussions 101: In the absence of viable debatable material insult the opposition.
He did NOT save the Auto Industry. Chrysler had get bought out by Fiat or still go under. GM is still struggling. Fisker is GONE.
The stock market is INFLATED and Obama has Zero to do with that.
How did he save 3.4 billion in prescriptions?
Got it all wrong! Obama did all that and more if it is positive.
Bush, any other person he can find to blame is responsible, if it is negative, as it could not get any more negative then where Obama now is. Putin kicking his butt. Andd laughing behind him.
We look like a bunch of friggin fools. Bush was not an arrogant butt, one who played blame games and attack those who seek to find the messanger. All the things that Obama has blamed Bush for. And Bush, has the decency to say good things about Obama, talk about character. Obama has none.
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