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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (191975)	6/18/2012 12:23:42 PM
From: Steve Lokness	Respond to of 543801

<<<<Most of Bush's terms were times when he should have eliminated his own tax cuts and paid down the deficit ( or AT LEAST paid for his own wars ), as per Keynes. He didn't.>>>> Oh I agree there were a couple of years at the very beginning of his second term when he should have raised taxes. But its was starting to look like the promises that the tax cuts pay for themselves might actually work because of the roaring in housing. Of course had he done that he would have had to almost immediately reversed course when the second recession came along. Housing was looking problematic at the end of 2006, so he would no more than got the new tax law passed than it would have had to reverse. And YES, he should have paid for the wars, keynesian spending be damned!