America'sjobless rate fellin 2012 to its lowest level infouryears. Averagehome prices areno longerfalling. And money has been flowing intofinancialmarkets.
Laffer-curve effects might well result from a substantial cut in the corporate tax rate, which would bring money stranded abroad back home to be taxed.
Well, let me remind you, we have 16 million new jobs, the lowest unemployment rate nearly in 30 years, the lowest percentage of people on welfare in 29 years, and the first balanced budget in 29 years, and the highest home ownership in history, and the lowest inflation ratein 32 years because we didn't squander money.