Yes.  The numbers look good, but where did it get us?  When you adjust for inflation, the cost of good have risen but wages have remained stagnant.  The gap between the rich and the middle class has widened and there are more people below the poverty line than ever before.  Americans went from saving about 15% of their income to spending more than they make.

The government has had the same problem... it has spent more than it has made, too.  So, the figures you pointed out were only attainable because we, as a nation, went into debt to support our economy.  Obviously, that has come back to bite us.

During those years you find so prosperous, we went Trillions of dollars in debt.  We are now seeing the effect of that unsustainable pattern.  And, during those prosperous years the rich got richer.  So who should have to pay to get us out of debt?  I don't see a problem with taxing those who benefitted from the debt driven economy to fix the problem.

As for your theory that lowering taxes imrpoves the economy, why don't we just stop collecting taxes... then we'd all be rich!  I agree with the theory to a point, but it doesn't always work - we are on the other side of that curve now.  We cannot afford to continue running the government and cut taxes.  The government already spends more than it collects in taxes and spending cannot be cut enough to pay for more cuts.  The Bush tax cuts have been in place the past two years - you think more tax cuts are somehow going to increase revenue?  Not going to happen.

Best,
Robert A. Franco
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