Me too, pleasantly. It was obvious Corp revenues would drop dramatically,
as logic would tell you that and we saw that in prior revenue reports, and I realize that's a much smaller piece of the pie than individual and payroll, but I didn't expect we would cover that drop and be back to above pre-cut levels so quickly. Reagan's took 3-5 yrs iirc, and W's only got there right before the bottom fell out at the peak of the real estate bubble.
I would quibble a little and say that not only can you not argue it was a hugh budget buster, but you really can't argue it was at all (since I don't see how you could project that revenue growth had we kept the old rates, based on growth when Trump took over). And we certainly can't keep claiming they'll add $1.5T to debt. But rest assured they will.
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In response to this post by BocaHoo91)
Posted: 10/10/2019 at 8:59PM