Here it is. The green line is government spending. The blue line was tax revenue without Obama’s critical tax increases. The red line is tax revenue with Obama’s tax increases on the wealthy.
Of course these CBO numbers assume the wealthy will do nothing to avoid new taxes and it makes some pretty rosy and optimistic predictions about the state of the economy over the next ten years. It isn’t boom times, it will be much worse.
There. President Obama fixed everything. We can all go back into our pop culture induced stupor.Share