GOPwinger Lies/Distortions/Omissions/Perversions of Truth Message Board

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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth

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To: Brumar89 who wrote (113934)	1/29/2008 7:33:07 PM
From: Steve Dietrich	Read Replies (3) of 173976

Bush has been a terrible economic President. GDP growth has been worse under Bush than any other President (except his father) since WWII. Federal Revenue growth has been worse under Bush than anyone else since WWII. The debt has doubled and the S&P is down for his presidency. These are terrible numbers and Bush started his presidency with a tax cut. It's ridiculous to try and correlate tax cuts to economic performance. Clinton raised taxes to start his presidency and GDP growth was strong (stronger than Reagan) Revenue growth was strong (stronger than Regan). The deficit came down and the S&P grew faster under Clinton than any President in the previous 50 years. To pretend that these performances are driven my marginal tax rates being cut or raised by a couple percentage points is just silly. SD

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