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Politics : Formerly About Advanced Micro Devices
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To: RetiredNow who wrote (529816)11/17/2009 1:22:58 PM
From: i-node1 Recommendation  Read Replies (2) of 1574122
 
Bush spent even more on stimulus than Obama did. Bush did it through two tax cuts that make Obama's stimulus look like small change.

This is utter nonsense.

According to OMB, the constant dollar 20% tax revenue increase from '04 to '06 was the largest since '67. According to CBO, tax revenue for '06 was ABOVE what was projected in '03.

There is simply no support, at all, for your claim.


The stimulus bill that Obama and the Dems passed through was 80% investment and 20% waste.

To a big-government liberal, which you are, "spending" is "investment". There is no sense arguing this point. At this point in time, not one cent of that money could be considered well-spent. To me, that's a waste.

My kids and grandkids will be paying $100M/day in interest into perpetuity. That is a waste.
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