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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (44964)	8/19/2010 12:10:11 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 71588

Re: "Its just marginally better than it would have been with higher taxes." Maybe, maybe NOT. I think that the weight of economic analysis NOW (including also all THREE of the WH economic analysis projections that were commissioned back when Bush was getting ready to push for his tax changes in the early 'nineties) come (and came) to the exact same general conclusion: That the Bush tax and budget choices resulted in higher economic growth in the first half of the decade, but that effect dwindled away by the middle of the decade and was soon over-balanced by the negative effects of the rising deficits, and from mid-decade ON economic growth was LOWER then it otherwise would have been had none of those changes been implemented. And, by the end of the decade, was strongly lower.