US gubmint shutdown + default + subprime sequel?

[jirisys]

Not exactly true. Or, at least, not confirmed.

There was an anticipated dip in revenues directly after the cuts (made much worse by the 9/11 recession), but they shot up dramatically during the latter half of the Bush presidency and exceeded those of the Clinton years until the financial collapse, which, of course, had nothing to do with rates. Revenues are also anticipated to grow dramatically (inflation adjusted) within the next decade based on the Bush rates if and when the economy rebounds. This would indicate that there was still room on the curve for beneficial revenue growth when Bush made his cuts.

I'm sorry, were you wrong?

~Jirisys ()