Deficit Down, Jobs Up, Dems Can't Wait to Raise Taxes

Need even MORE proof that President Bush's low tax economic policies are working? Here...

U.S. deficit down 57.2 percent to $42.2B
AP Report
Feb 12 2007

The deficit for the first four months of the current budget year is down sharply from the same period a year ago as the government continues to benefit from record levels of tax collections.
The Treasury Department reported Monday that the deficit for the budget year that began Oct. 1 totals $42.2 billion, down 57.2 percent from the same period a year ago.
The amount of revenues collected from October through January were up 9.7 percent from the same period a year ago, climbing to a record level for the period of $834.1 billion.
Government spending also set a record for the period, but the growth was a slower 2.1 percent, pushing the total to $876.3 billion for the first four months of the current budget year.
The continued strong growth in revenues reflects the record profits corporations have been recording in recent years and low levels of unemployment, which means more Americans are working and paying taxes.

In case you missed that last sentence: "more Americans are working and paying taxes."

Goes right along with this:

White House Economic Report
February, 2007

Job Creation Continues - More Than 7.4 Million Jobs Created Since August 2003 On February 2, 2007, The Government Released New Jobs Figures – 111,000 Jobs Created In January. Since August 2003, more than 7.4 million jobs have been created - more jobs than the European Union and Japan combined. Over half a million jobs (513,000) have been added in the past three months alone. Our economy has now added jobs for 41 straight months, and the unemployment rate remains low at 4.6 percent.

American Workers Are Finding Jobs And Taking Home More Pay.

• Real Wages Rose 1.7 Percent In The Past 12 Months. This means an extra $1,030 in the past 12 months for the typical family of four with two wage earners.
• Real After-Tax Income Per Person Has Risen By 9.8 Percent – More Than $2,800 – Since The President Took Office.
• The Economy Grew A Strong 3.5 Percent In The Fourth Quarter Of 2006. The economy grew 3.4 percent last year, up from 3.1 percent in 2005.
• Since The First Quarter Of 2001, Productivity Had Strong Average Annual Growth Of 3.1 Percent. This is well ahead of the average productivity growth in the 1990s, 1980s, and 1970s.