The primary reason I became a capitalist is because it is reality. Every economic system that has been implemented otherwise has failed or failed to achieve similar standards of living for their people. Sure you have your Norway's and Luxembourg's (although different factors are afoot there), but by and large if you really care about society, you really care about your fellow man, you really care to eliminate poverty and increase standards of living for all, you will become the most ardent supporter of capitalism. End of story.
Thus, I like it when things like this happen. Empirical things that once again prove that capitalism and lowering taxes, and the very simple concept that if you allow people to have economic freedom they will produce more wealth than they would under economic tyranny or confiscation.
Seems that GW's tax cuts are starting to pay off. With 4 years of solid and higher than average-boom economic growth that the tax base has grown. It has grown so much that it's actually almost paying for all of GW's increased spending (WHICH IS A HECK OF A LOT and why I'm not terribly a big fan of Bush) not to mention the Iraq war/War on Terror. The deficit now sits at a roughly very low 2.5% of GDP while the left's darling children of Germany and France are seeing decifits in excess of 3% and climbing with NO economic growth.
No doubt the left will come up with some reason as to why there socialist economies look so sh!tty compared to the evil tyrannical capitalist fascist blah blah blah US economy.
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