re: Deficits are up. How is this conservatism?

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I'm guessing OP won't be back after the absolute arse beating he just got handed.

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Sorry, was eating lunch with a client.

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I wonder if I broke his mind with how are revenues down 1.7% when we cut taxes by over 14%...I can seem him in a corner with a hand held calculator trying to figure it out

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Is 1.7 percent down, a reduction or an increase? Don't need a calculator to figure that out.

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Most importantly, he's definitely going to miss the time value aspect of this as he's harping on the ONE YEAR effect of a major tax plan.

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It hasn't worked in the past, but hey, maybe this time it will be different. We will see.

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And of course exposing to him how the individual is doing better in every major category since the tax cuts...which one can say "trickled down" to them is going to effect his next post.

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This post isn't about individuals. This post is about federal budget deficits. You are absolutely correct in today's sense that people are individually doing better.

Of course... when you mention time value aspects... you may want to consider that by continuing to increase the deficit, and the resultant debt increases, that we are increasing future interest payments on said debt. And as such, we are simply making our future government financial problems worse.

But hey, screw tomorrow, right?