Zeev's Turnips Talk Politics (ZTTP)

[ergo sum]

I think this is very misleading. April Tax receipts are always high.
First Q GDP was about 3.6% gowth which is actually lower than the previous Q.

Stating that the laughter curve is at work seems like a big stretch of the imagination.

The IRS reports about a 1% increase in individual receipts between 04 and 05
So clearly it is not individuals with more money.

Rather I think you should look at Gov outlays. AKA Welfare. AKA deficits.