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Politics : Formerly About Advanced Micro Devices
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To: bentway who wrote (512931)9/15/2009 12:49:12 AM
From: i-node  Read Replies (2) of 1575773
 

Why did the Bush Depression follow the Bush tax cuts?

There was no "Bush Depression" and never would have been. In fact, there is no indication that any depression might have occurred at all. We had a cash flow problem due to a collapse in the housing market which resulted from bad policy emanating from the liberals in Congress.

But after the major tax cuts under Bush, TAX COLLECTIONS SURGED. Economic productivity SURGED. And frankly, the deficit almost closed to a surplus under Bush (and CLEARLY WOULD HAVE had it not been for the 9/11 attacks and the housing crisis caused by liberals requiring loans to be made to people who couldn't afford them).



You may want to notice the GREEN column on the Right. THAT's why people are taking to the streets.

You freaking idiot.
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