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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (544233)1/16/2010 10:30:02 AM
From: RetiredNow  Read Replies (1) of 1575038
 
Ok. So Tax cuts that cause massive deficits are good for the economy? Then you must love Obama's stimulus, which was 1/3 tax cuts. Wow. you are such a hypocrite.

Look, unfunded tax cuts to individuals are almost never good for the economy. Targeted tax cuts to businesses usually are, but individuals either don't spend the money or when they spend it, they spend it on foreign goods, which doesn't benefit the US as much as it does our foreign competitors.

That's the problem with this GOP. You guys simply do not understand the finer points of when tax cuts are good and when they are bad. You guys have never met a tax cut you didn't like. Bush Sr. and Reagan both were smarter than this generation of idiot tax cutting GOP members. Both Bush Sr. and Reagan raised taxes when they had to.
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