Bush tax cuts put us $2.7 TRILLION dollars in the hole (millionaires, how much)
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The sad thing is that the Republicans have not learnt from bushes regressive tax cuts that got debt to explode they are still promising even more regressive and debt making tax cuts when it comes to taxes the Republican are far from fiscaly conservative.
lower taxes is not fiscally conservative? How so?
yes, when coupled with wasteful spending
If you want to argue that side of it, then ok. But we should not continue to donate to the Obama, Reid, & Pelosi retirement fund while the rest of us slip further into poverty.
I satnd corrcted its how 1.4 trillion dollars Obama has put on the deficit.Also all one has to do is review obams policies. When Bush gave to those at lower incomes ;Obama and democrats said that it was the wronf stimulus because people would just save it. then they did the stimulus sayig it was massive infras5tructure ceating large number of jobs. Ihnfrastrusure was 75 and unemplyment climbed still. it was a specail inertest bill.Then he gaver withhold redcution to thsoe who would just save it and hoefuly they di because they owed the same taxes at end of year. How they want to give tax breaks to those they say will just save it.Talk about double talk and spin.The mob just goes where poit byt the leasder.
Tell that to the 760,000 sole proprietorships that that tax will hit. Yes, that's the number of small business owners it will hit that make over $250,000 and up to $10,000,000. Let me see you argue for that with an unemployment rate of 9.6%.
A bunch of crap. Walls about intelligence sharing DID NOT APPLY to the terrorists of 9-11. In fact if you go back and actually read and learn something, the failure was that the information was NOT shared...NOT BECAUSE it couldn't be, but because the departments themselves DIDN'T WANT TO. There is NO WALL that would preclude any information sharing between intelligence agencies OF NON-AMERICAN'S. Another conservative LIE.
And yes. A decisive and cognitive person, interupts the teacher and says, "I'm sorry, something has come up and we need to cut our time here short. I've really enjoyed our time together, but I must go."
That simple. Instead, he sat there thinking "I picked the wrong decade to quit sniffing glue!"
I hate Bush for the failure he was and for the catastrophic disaster he unleashed on my Country. The only blind one here are the one's who continue to push false-hood after proven false-hood in true un-American fashion.
Save some of that brain dead Bush hate for the real culprit, Clinton. In 1993 the WTC was attacked by Muslim terrorists.
So what did our decisive and competent leader do to prevent further attacks?
Did he double down on intelligence?
Did make sure we had eyes and ears on the ground wherever these attacks are planned and developed?
Wrote Tenet, "The fact is that by the mid-to-late 1990s American intelligence was in Chapter 11."
Why the CIA, et al, needed to grow should be clear. We knew little about al Qaeda in 2001, owing to Clinton's disinterest and the NSA "going deaf," as Tenet phrased it.
Bush combination of massive and regressive tax cuts and spending led to a explossion of national debt the Bush adminstration kept the growing debt under his presidency hidden from the public.
Bush combination of massive and regressive tax cuts and spending led to a explossion of national debt the Bush adminstration kept the growing debt under his presidency hidden from the public.
bushes cuts/credits were mostly to the middleclass and poor
maybe you should be blameing bush on his overspending...the same overspending that obama and the dumbocrats are doing at an even bigger level
the problem is not tax cuts...the problem is spending
Bush tax cuts took in $2.7 TRILLION dollars less from 2000-2008, than had the tax rates stayed at 2000 levels. That's roughly $337 Million per year less than we should have collected.
Out of those EIGHT years, in SIX of those years income's declined. Out of the two positive income years even when they are combined they only exceed the other six once.
And the argument for extending Bush tax cuts for the rich....goes up in smoke. ~
How do you know it was less then we should have collected? The government's budget grows more every year, maybe the government spent $337 billion more then it should have. Besides, weren't there a few years where Bush's deficit was much less then $300 billion?
Its time to pay our bills and act like adults instead of thinking we can keep on printing money.
"The budget deficit problem, I believe, is far more dangerous than most of us contemplate on a day-by-day basis.
What we see is people cutting taxes with borrowed money, spending, new programs, new projects with borrowed money.But the debt is increasing at a rate of over a trillion dollars a year.And because interest rates are low, being in a weak economy, it is very easy for the government to sell as many bonds as it wants.And I think there's a complacency rising at this stage."
Just think of it as money we had to borrow from Bush's Haves and Have Mores instead of just taxing it from the same people. It really does pay to have your friends in high places. It pays for them but not us.
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