Liberal Myths vs. Reality

Randall Hoven, New York Post
According to Barack Obama, "The arguments of liberals are more often grounded in reason and fact." But according to Margaret Thatcher, "The facts of life are conservative." Who’s right?Myth: The deficit was caused by Bush’s tax cuts.Fact: For over four decades, 1960 through 2000, federal revenues averaged 18.2% of Gross Domestic Product and the trend was virtually flat. The final Bush tax rates became effective in 2003.

Source: http://www.realclearpolitics.com/2010/12/19/liberal_myths_vs_reality_247595.html

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