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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (880286)8/14/2015 5:27:14 PM
From: Tenchusatsu  Read Replies (3) of 1577922
 
Ted,
Bust aka Bush cut taxes 3 times while he was president. Those tax cuts severely cut revenue and continue to cut revenue in this country. You don't think that might have to do with our budget deficits.
Think about it. Taxes are higher now under Obama than under Bush. The economy is booming now.

Both of these factors should have led to deficits that are lower than what they were under Bush.

Yet that hasn't happened. Obama's deficits are still larger than what they were under Bush. (Unless you count 2008, but comparing a boom year with a recession year isn't exactly valid.)

Tenchusatsu
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