Wrong. The buble burst and revenue fell below spending before Bush's first budget even went into effect.
Oh, please. Recessions are one thing, trend lines over longer time periods are another-
http://www.intellectualtakeout.org/...-2010-federal-government-revenues-vs-spending
http://www.intellectualtakeout.org/chart-graph/us-national-debt
Which doesn't explain Repub motivations, but this does-
http://motherjones.com/politics/2011/02/income-inequality-in-america-chart-graph#
Nobody profits from tax cut induced deficits like the wealthy, nobody.
