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Politics : The Obama - Clinton Disaster

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To: Wayners who wrote (53907)7/25/2011 12:15:47 PM
From: DuckTapeSunroof1 Recommendation   of 103300
 
Re: "Tax cuts are not a cost."

Tax cuts are generally a good thing.

But if you cut taxes and you don't SIMULTANEOUSLY CUT SPENDING then you have done a bad thing, and deficits will rise.

Bush did a very, very bad thing... he cut tax rates and *not only* didn't cut spending but he actually RAISED SPENDING at the same time (what with all the borrowing for two wars and a new entitlement program all added STRAIGHT to the deficits).
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