Congressional Research Service Finds Bush Tax Cuts/Trickle Down Economics Do/Does NOT Work But Hurts Economy! (McCain, party)

[PITTSTON2SARASOTA]

The GOP Congress commissioned the Congressional Research Service to study the Economic effects of the Bush Tax Cuts.

The NonPartisan group found the cuts were disastrous to our economy; costing us Millions of jobs; slashing Government revenue and plunging the country into recession.

This report disproved the most basic tenet of GOP Economic Policy.

So the GOP controlled Congress "buried" the report.

Reminds me of when McCain had the Pentagon do a study on the repeal of D.A.D.T. and said he'd abide by the results.

The report found no effect with repeal; so he then rejected it because it did not support his agenda.

IF the GOP does not soon face reality/data and Science they will be doomed to becoming a Regional Party ineffective in shaping National Policy!

Here is a report summary from the New York Times>>>>

http://www.nytimes.com/2012/11/02/bu...ates.html?_r=1&

Here is the entire Congressional Service Research Report in PDF Format>>>

http://graphics8.nytimes.com/news/bu...andeconomy.pdf

[Donna-501]

The trickle down never did trickle down.

[VTHokieFan]

Originally Posted by PITTSTON2SARASOTA

The GOP Congress commissioned the Congressional Research Service to study the Economic effects of the Bush Tax Cuts.

The NonPartisan group found the cuts were disastrous to our economy; costing us Millions of jobs; slashing Government revenue and plunging the country into recession.

This report disproved the most basic tenet of GOP Economic Policy.

So the GOP controlled Congress "buried" the report.

Reminds me of when McCain had the Pentagon do a study on the repeal of D.A.D.T. and said he'd abide by the results.

The report found no effect with repeal; so he then rejected it because it did not support his agenda.

IF the GOP does not soon face reality/data and Science they will be doomed to becoming a Regional Party ineffective in shaping National Policy!

Here is a report summary from the New York Times>>>>

http://www.nytimes.com/2012/11/02/bu...ates.html?_r=1&

Here is the entire Congressional Service Research Report in PDF Format>>>

http://graphics8.nytimes.com/news/bu...andeconomy.pdf

What a mature and scientific chart.

[PITTSTON2SARASOTA]

Originally Posted by VTHokieFan

What a mature and scientific chart.

The Chart/Graph is accurate IF you were to do research.

That's why it's was presented as simple/childish ; just for you to understand.

Try reading the PDF document. Which obviously you didn't.


As usual I see no links backing up your inane and empty rhetoric.

Because you won't find any; there are no credible economists that defend Supply Side Economics.

Supply Side Economics

Why 'trickle down' economics don't work - CSMonitor.com