Tax cuts do not cause deficits; spending causes deficits. Cutting taxes always results in increased economic activity, thus increasing revenue to the treasury.
The lastest estimate of last month's deficit came in at around $73 billion, or about $10 billion less than November 2005. Revenue to the Treasury is up by roughly 5.5% and spending is about $3 billion lower than this time last year. Those numbers come from the Congressional Budget Office, not the White House.
The glut of homes you're referring to is more the result of a bunch of over-optimistic speculators getting in over their heads, rather than any fault of the economy. Sooner or later, those owners will have to sell, even if it means taking a loss.
My company covers 13 counties, and we're still getting a steady flow of work, although I'll admit it has been slow in some areas. I do hope work picks up soon for you and everyone else whose orders are down.
Regards,
Scott Perry
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