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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (180960)1/19/2004 4:43:58 PM
From: tejek  Read Replies (1) of 1574325
 
For the anti-Bush activists to call Bush's statement the "trillion-dollar lie" is stupid, as if Bush merely threw away that much money toward some sort of Enron. The truth is that Bush's tax cuts have helped to restimulate an economy whose bubble burst under Clinton's watch. I'd call that a smart trillion-dollar investment in the future, rather than a "trillion-dollar lie" from those who themselves want to buy votes with that very money.

There is absolutely no proof that Bush's tax cuts restimulated the economy. At best, the tax cuts kept the recession from getting much deeper. IT spending is what's leading the economy out of the recession. IT spending resumed once the product overhang from the last building boom was depleted. BTW that overhang came for overzealous CEOs like Bartlett and Chambers who thought the IT boom would go on forever.

Please stop trying to blame Clinton for problems that he had no control over.

ted
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