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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Original Mad Dog who wrote (488476)11/6/2003 6:54:17 PM
From: jackhach  Read Replies (3) | Respond to of 769668
 
>>And BTW, the last two Presidents to cut taxes this significantly were Kennedy and Reagan, and in neither instance did it cause a long term decline in revenues.<<

Partly true, however, Kennedy?johnson (while at war I might add) actually kept his budgets under control/managable. However, Reagan left the White House in 1988 with the LARGEST DEFICIR in US HISORY.

let me repeat: LARGEST DEFICIT in US HISTORY.

Reagan borrowed from the future to provide tax cuts to the rich -- as now Lil' Bush is doing.

-JH



To: Original Mad Dog who wrote (488476)11/6/2003 7:26:54 PM
From: Kenneth E. Phillipps  Read Replies (2) | Respond to of 769668
 
This site here will tell you the debt has expanded by $600 Billion in the past 12 months. Next year, t he debt increases by much more than $600 Billion because the deficit is bigger next year.

publicdebt.treas.gov


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