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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (33332)7/5/2008 3:20:12 PM
From: Ann Corrigan  Respond to of 224755
 
BO's fall from grace:
Message 24732025



To: Kenneth E. Phillipps who wrote (33332)7/5/2008 3:20:37 PM
From: longnshort  Read Replies (1) | Respond to of 224755
 
They knew it would bring in more tax revenues and it did.

Revenues don't create debt, spending does



To: Kenneth E. Phillipps who wrote (33332)7/5/2008 6:41:44 PM
From: tonto  Read Replies (1) | Respond to of 224755
 
So record tax revenues are the problem, not spending...Ok, got it, I think...(s)



To: Kenneth E. Phillipps who wrote (33332)7/5/2008 7:12:19 PM
From: tonto  Read Replies (1) | Respond to of 224755
 
Kenneth, look at this graph...

taxprof.typepad.com

Why did debt increase when revenues skyrocketed?

Could it be that the very guys you think are wonderful may have been wasting to much of our hard earned money?

Wrong! They didn't stop the Bush tax cuts which created $4 Trillion additional debt.