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Politics : Sioux Nation
DJT 11.80+2.6%Dec 4 3:59 PM EST

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To: DavesM who wrote (16741)5/11/2005 11:31:50 PM
From: CalculatedRisk  Read Replies (1) of 361382
 
You are right that the US has run deficits during war time. Also, until now, the US has never gone to war without a tax increase. Talk about "sharing the burden" - NOT!

The tax cuts were intended to return the surpluses to the people (that was Bush's campaign promise). The exact same tax cuts then became a "stimulus package" - and most economists think they were poorly suited for that purpose. I think most of the stimulus over the last few years came from monetary policy, not fiscal policy.

BTW, funny how the facts were fitted to the policy!
Sound familiar?
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