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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Alighieri who wrote (173634)8/13/2003 1:30:24 PM
From: tejek  Respond to of 1573535
 
On the contrary, he did make difficult decisions. When he entered office this country was saddled with a huge deficit. That deficit was whittled down over 8 years......that does not happen by magic.

Yes...bush's choices were much harder...afer all, he had to cut taxes for the top 5% earners...you know...the needy ones...all while our deficit knowingly swelled to $500B and beyond.


Of course, there was no choice involved with Bush's tax cuts......the tax cuts were going to happen no matter whether we were in recession or not. What's annoying is that assuming we come out of recession and begin to expand in the near future, the GOP will say that tax cuts did the job, ignoring the business cycle, heightened liquidity and the mortgage refis that were really the engines that fueled the recovery. And then ten years from now, they will use this period as the excuse to put in more tax cuts.

Ridiculous BS........we move two steps forward and one step back thanks to their reactonary ways!

ted