I offer my own statistics on George W. Bush's legacy

2013-01-31T00:00:00Z I offer my own statistics on George W. Bush's legacy nwitimes.com
January 31, 2013 12:00 am

I just read a letter from S. Robert Schwartz, and I think I need to correct some of his uninformed statements.

Schwartz claims the war in Iraq was a multi trillion-dollar war. As of November 2009 the total cost of the Iraq war was around $800 billion.

Schwartz claims the Bush tax cuts added trillions to the national debt. Actually, the 2003 Bush tax cuts generated a massive increase in federal tax revenue, and were followed by 52 consecutive months of economic growth.

From 2004 through 2007, federal tax revenue increased by $780 billion, the largest in history.

Total federal revenue grew higher from 2004 through 2006, than it did in Bill Clinton's boom years of 1998 through 2000, by more than $200 billion, and the rich actually paid a higher percent of the total tax burden than in the past 40 years.

- Rick Powell, Griffith

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