Practically everything you say here is wrong. Here's how I see things:Quote from Brass:
... Shortly after George W. Bush came into office he cut taxes principally for the benefit of the rich. His is the worst job growth record in US history. And he followed this feat by handing Obama the keys to the car as it went over the cliff.
1. W's tax cuts were for everybody who paid taxes, with a tilt towards benefiting the lower wage earners.
2. Most money went to upper level tax payers because they pay the most money - that's how %s work. Those who pay a lot, got back a lot. It's fair. The rest is just distortions promulgated by leftist redistributionists.
3. Despite the tech bubble collapse that he inherited from Clinton, the 9/11 disaster and the two wars that followed, W's ecomony did fine and millions of jobs were created until the dems took Congress over in 2006. Then Barney et al started lending money to everybody who could fog a mirror and produced the raw material for the WallStreet and other crooks to undermine the global economy.
4. Obama took over with a promise to fix everything, and made it much worse by borrowing money from China etc and throwing it to his supporters with no plan to speak of, not even a budget cleared from Congress, where his laughable attempts at budgeting were thrown out the window by Dems and Repubs together.
5. Now, several $trillion in the hole, we are approaching this magical point again where we have to choose between this inexperienced, incompetent charlatan and a qualified businessman who can actually solve these problems. And what does O do? Spreads fear and envy that's tearing our country apart. Yuck!
