Washington Times

Former U.S. Chamber of Commerce Chief Economist Richard Rahn has a "don't worry be happy" piece in today's Washington Times that, at least when it comes to the federal budget and U.S. fiscal policy, is one of the best examples of selective memory I've seen in a long time.

Rahn says that, because the budget deficit fell slightly from 2006 to 2007, the Bush tax cuts have been a huge success. Here's what he's conveniently not saying: