Quote from AK Forty Seven:
How is Obama worse when he started with a 1.2 trillion dollar deficit and ended with a 900 billion dollar deficit when Bush started with a budget surplus and ended with a 1.2 trillion dollar deficit Luke ?
Quote from wildchild:
Bush inherited Clinton's dot com bust. The Clinton economy like everything else in his life was a lie.
Quote from Free Thinker:
those tax cuts were in effect through the crash and still are. what happened?
Not all tax cuts are created equal. Keynes' focus was employment and aggregate demand. Our "job creators", Romney's constituency, have never had lower taxes or more cash, so cutting their taxes is useless. Actually, worse than useless, since cutting spending (sharply) to account for the reduced revenue simply adds velocity to the negative feedback loop we're experimenting with this recession.Quote from jem:
the about the dot com burst is very true. I economy was tanking when Bush took over.
His tax cuts revived the economy.
something Obama and his tax increases and threats of more has not done after 4 sick years. If you are going to be Keynesian... follow keynes.
Cut taxes... and grow out of the problem - just like keynes said
Quote from AK Forty Seven:
How is Obama worse when he started with a 1.2 trillion dollar deficit and ended with a 900 billion dollar deficit when Bush started with a budget surplus and ended with a 1.2 trillion dollar deficit Luke ?