What studies? The studies of real life business and an honest look at reality. What do you do when you have more money in your paycheck and how does that affect the economy?upsideguy;1062065562]Nice regurgitation of the Con mantra. You have done Rupert Murdoch proud. And what studies have you seen that support such a contention (link please)? None... I thought so. I'm not going to let you make unsupported statements and that is one.
Sorry, but the growth in spending caused the deficits to explode not tax cuts so if you have a problem keeping more of what you earn then do liberals proud and send it back. Just send the govt. a check and write on that check donation to the deficit.The budgets were nicely balanced to running modest deficits before the tax cuts (contrary to your contention, we were not outspending income by 1/2 Trillion before tax cuts) However, after tax cuts, somehow we thought it advisable to THEN step up spending, starting a war and running two occupations and expanding Medicare Part D. Perhaps the evidence suggests cutting taxes leads to increased spending?
Amazing, isn't it, that GW Bush generated a 4.9 trillion dollar debt over 8 years, one trillion of it due to 9/11 and the world ended. The war in Iraq is over, Democrats controlled the congress and could have repealed Medicare Part D, defunded the War in Afghanistan but didn't but what they did do was increase the Bush budgets by over 500 billion dollars a year and implement policies that led to slow economic growth and stagnant job creation.
The data supports my statements but your lack of knowledge of how the govt. works seems to be the issue here. Responsibility for poor choices only appears to apply to Republicans. Maybe you, like Kush, believes that debt doesn't matter and interest expenses on the budget is just a place holder. What economic policies has Obama implemented to spur private sector growth and a reduction in the deficit?