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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (687221)	12/5/2012 2:24:13 PM
From: i-node	Respond to of 1584048

>> Inode, the reductions in tax revenue from 2001-2004 were all due to Clinton's bubble bursting. Bush had to cut taxes in order to "prevent a crisis from turning into a catastrophe." You know, I really wouldn't argue that the 2001 cuts were as effective as they should have been. But the 03 cuts were properly targeted and I think we can see the results of it. Those who argue tax cuts are the solution to all problems are just as wrong as those who argue tax increases can solve spending problems, imo; and I wouldn't make that argument. But clearly, revenue went up, not down, after the Bush cuts and if they were as draconian as the Left has maintained, revenue would not have come back above the levels of 2000. Brilliant minds often see what they want to see.