One policy works: Tax Cuts. It's less than four months into the new fiscal year and
The deficit for the first four months of the current budget year is down sharply from the same period a year ago as the government continues to benefit from record levels of tax collections.
The Treasury Department reported Monday that the deficit for the budget year that began Oct. 1 totals $42.2 billion, down 57.2 percent from the same period a year ago.
The amount of revenues collected from October through January were up 9.7 percent from the same period a year ago, climbing to a record level for the period of $834.1 billion....
The continued strong growth in revenues reflects the record profits corporations have been recording in recent years and low levels of unemployment, which means more Americans are working and paying taxes.
The other policy, increasing the minimum wage, doesn't. And the ones who pay the price for Democrats populist rhetoric are the low wage earners. In Arizona
Some Valley employers, especially those in the food industry, say payroll budgets have risen so much that they're cutting hours, instituting hiring freezes and laying off employees.
And teens are among the first workers to go.
Companies maintain the new wage was raised to $6.75 per hour from $5.15 per hour to help the breadwinners in working-poor families. Teens typically have other means of support.
Mark Messner, owner of Pepi's Pizza in south Phoenix, estimates he has employed more than 2,000 high school students since 1990. But he plans to lay off three teenage workers and decrease hours worked by others. Of his 25-person workforce, roughly 75 percent are in high school.
"I've had to go to some of my kids and say, 'Look, my payroll just increased 13 percent,' " he said. " 'Sorry, I don't have any hours for you.' "
But hey, raising the minimum wage sounds good to the well paid elitist intellectual to whom Communism and Socialism also sound like good ideas.
But to regular folks, tax cuts work and the fiscal ideas of Democrats just don't.