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

To: koan who wrote (191981)	6/18/2012 12:34:00 PM
From: bentway	Read Replies (1) \| Respond to of 543837

AT first, the Bush tax cuts WERE to stimulate the economy. When it became obvious that the recession was just a minor downturn that quickly reversed, the tax cuts were because "It's YOUR money!" "On Feb. 6, 2000, while campaigning in Durham, New Hampshire, candidate Bush explained his philosophy on taxation just about as plainly as a politician can. usgovinfo.about.com "If there's a recession it's important to cut taxes to make sure the economy grows. . . . It's also important to cut the taxes where there's times of plenty. . . . It's important to cut the taxes to make sure Washington, D.C., does not spend the surplus. . . . This is not only no new taxes. This is tax cuts so help me God." -- George W. Bush, Feb. 6, 2000 On Dec. 16, 2000, while announcing some new White House staff members, President-Elect Bush again vowed to stick by his campaign pledge to cut over $1.6 trillion in taxes over the next ten years." Republicans see tax cuts as answering EVERY question and the solution to every problem. Sort of like Jesus that way!

To: koan who wrote (191981)	6/18/2012 1:26:29 PM
From: Steve Lokness	Read Replies (1) \| Respond to of 543837

<<<<<<Bush's tax cuts were not meant to stimulate the economy. They were to give surplus money back to the rich.>>>>> Okay fine - I think they were and did, but if you're convinced they aren't a stimulus then fine, we disagree on that. BUT you can hardly argue that the checks sent to all Americans weren't a stimulus and surely you won't argue that the lowered interest rates weren't keynesian style stimulus . Lower interest rates to spur the economy are right out of Keynes playbook. And the government spending on the wars are also pure keynes stimulus spending. You (and I ) might not like that spending of money on blowing up countries - and fixing them with American labor and American made stuff, but we are then arguing political policy and not economic policy.