Dig a little.
look at the dates...look at the shortfalls.
Chances are...even if Bush had done NOTHING...that there would be no surplus this year...and possibly >ever<.
Erase 9/11, the Afghan conflict, and the tax rebates...the current state of the economy was NOT part of the "fable" that was the Clinton surplus.
It was based upon a belief in miracles...that there would be no recession and that the econ growth figures of the 90's would be maintained...and that the internet bubble on the market would never burst.
It was based on FICTION.
So, if you want to blame this on Bush. Go ahead. It seems to make you feel better.
Did he make this years shortfall larger? Sure, he cut taxes. How much of the revenue shortfall is simply tax related? Very little.
If you research the effects of massive tax cuts you soon find that the 2 largest cuts occurred, oddly enough, right before the 2 longest growth periods for the economy...those being the cuts of Kennedy and Reagan. So economic history seems to be on Bush's side here even if you are not.
