Page 3 of 53 FirstFirst 1234513 ... LastLast
Results 21 to 30 of 521

Thread: So How Did the Bush Tax Cuts Work Out for the Economy?

  1. #21
    Sage
    apdst's Avatar
    Join Date
    Jun 2009
    Location
    Bagdad, La.
    Last Seen
    Yesterday @ 08:52 PM
    Gender
    Lean
    Very Conservative
    Posts
    76,465

    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Let me guess: the newest excuse for the recession is Bush's tax cuts?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  2. #22
    Sage
    apdst's Avatar
    Join Date
    Jun 2009
    Location
    Bagdad, La.
    Last Seen
    Yesterday @ 08:52 PM
    Gender
    Lean
    Very Conservative
    Posts
    76,465

    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Total income was $2.74 trillion less during the eight Bush years than if incomes had stayed at 2000 levels.
    So, let me get this straight: people made less money because the government took less money out of their pockets?

    Everyone that can see how idiotic that sounds, please raise your hand.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  3. #23
    warrior of the wetlands
    TurtleDude's Avatar
    Join Date
    Oct 2005
    Location
    Ohio
    Last Seen
    Today @ 02:00 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    180,700

    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by apdst View Post
    Let me guess: the newest excuse for the recession is Bush's tax cuts?
    the Bush tax cuts did cause a massive depression

    the people who already pay most of the taxes getting a tax cut caused massive depression in the greedy, the envious, the spiteful and the hateful class warfare operatives who bash the rich to buy the votes of the non-industrious



  4. #24
    Noblesse oblige
    Ockham's Avatar
    Join Date
    Oct 2009
    Location
    New Jersey
    Last Seen
    01-27-17 @ 07:23 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    23,909
    Blog Entries
    4

    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by apdst View Post
    Let me guess: the newest excuse for the recession is Bush's tax cuts?
    Didn't both houses of Congress pass that?
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


  5. #25
    Sage

    Join Date
    May 2009
    Location
    USA
    Last Seen
    Today @ 03:22 AM
    Gender
    Lean
    Conservative
    Posts
    9,812

    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by winston53660 View Post
    Well just paint me silly but I worry about haw to pay for things.
    Who cares what you worry about. The fact is that we were in recession made worse by 9/11. The tax cuts did not cause all the things that the auhor of the article in the op is claiming.

    Tax cuts didn't cause the recession inherited by the bush admin, nor did they cause 9/11 which made the recession even worse. Tax cuts didn't cause the real estate bubble to inflate (or if you believe that it did, you are contradicting the author of the article when he states they don't spur investment) nor did it cause the real estate bubble to pop. The popping of the real estate bubble led to the current recession, not tax cuts.

  6. #26
    Educating the Ignorant
    zimmer's Avatar
    Join Date
    Dec 2008
    Last Seen
    Today @ 05:24 AM
    Lean
    Conservative
    Posts
    14,453
    Blog Entries
    12

    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by JakeFromWI View Post
    A MUST READ. Don't even read the opinions. Look at the empirical facts. Look at the numbers and tell me Pelosi did all this....

    So How Did the Bush Tax Cuts Work Out for the Economy?

    Here's a short paragraph to give you an idea what economist/professor/pulitzer prize winner David Cay Johnston concludes of the Bush tax cuts.

    "The tax cuts did not spur investment. Job growth in the George W. Bush years was one-seventh that of the Clinton years. Nixon and Ford did better than Bush on jobs. Wages fell during the last administration. Average incomes fell. The number of Americans in poverty, as officially measured, hit a 16-year high last year of 43.6 million, though a National Academy of Sciences study says that the real poverty figure is closer to 51 million. Food banks are swamped. Foreclosure signs are everywhere. Americans and their governments are drowning in debt. And at the nexus of tax and healthcare, Republican ideas perpetuate a cruel and immoral system that rations healthcare -- while consuming every sixth dollar in the economy and making businesses, especially small businesses, less efficient and less profitable."

    Obama's fault what?
    Clinton created jobs? Created the environment for jobs? How about Clinton was riding on the Reagan coattails, and had the luck of having the tech bubble between two recessions? Bubbles happen and usually have good they bring along.

    But... Clinton also pushed (with Cuomo) the financial disaster of the last half-century. Forcing banks to provide loans for houses to people that couldn't afford them. These are Clinton's coattails... a wee bit different from Reagan's.

    Rations healthcare? Go to Europe or Kanuckistan and you will learn all about rationing. They are experts at it. That's why Kanuckistani's come to the US for half assed to serious procedures. Ask Ms. Stronach... member of parliament and daughter of a family of hundreds of millions. If Kanuckstani Kare was so great... why didn't she get cared for there?

    .
    The Clintons are what happens...
    when you have NO MORAL COMPASS.

  7. #27
    Banned
    Join Date
    Feb 2010
    Last Seen
    11-18-12 @ 01:27 PM
    Gender
    Lean
    Undisclosed
    Posts
    520
    Blog Entries
    18

    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    We lost manufacturing jobs. all the tax cuts did was to help the middle class keep the hole plugged in their little economic dingy. Now the water rushes in and the democrats and republicans offer you help bailing water? We NEED national manufACTURING NOT WELFARE FROM THE POLITICAL AND BUSINESS CLASS.

  8. #28
    Banned
    Join Date
    Oct 2009
    Last Seen
    07-23-12 @ 03:52 PM
    Gender
    Lean
    Private
    Posts
    6,763
    Blog Entries
    2

    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by b.larset View Post
    We lost manufacturing jobs. all the tax cuts did was to help the middle class keep the hole plugged in their little economic dingy. Now the water rushes in and the democrats and republicans offer you help baling water? We NEED national manufACTURING NOT WELFARE FROM THE POLITICAL AND BUSINESS CLASS.
    Not going to happen. There has been a structural change in the economy and it can't be reverted. What is needed is the formation of new types of industries.

  9. #29
    Global Moderator
    The Truth is out there.
    Kal'Stang's Avatar
    Join Date
    Jan 2009
    Location
    Bonners Ferry ID USA
    Last Seen
    @
    Gender
    Lean
    Independent
    Posts
    32,858
    Blog Entries
    1

    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by reefedjib View Post
    Not going to happen. There has been a structural change in the economy and it can't be reverted. What is needed is the formation of new types of industries.
    And the manufacturing that those new industries would create would just go over seas also, thereby not helping one bit. This country NEEDS manufacturing to be brought back HERE. It MUST be reverted or we will continue the downhill slope that we are currently on.

    Now I forget...who was it that signed the Free Trade Agreement?
    I have an answer for everything...you may not like the answer or it may not satisfy your curiosity..but it will still be an answer. ~ Kal'Stang

    My mind and my heart are saying I'm in my twenties. My body is pointing at my mind and heart and laughing its ass off. ~ Kal'Stang

  10. #30
    Banned
    Join Date
    Oct 2009
    Last Seen
    07-23-12 @ 03:52 PM
    Gender
    Lean
    Private
    Posts
    6,763
    Blog Entries
    2

    Re: So How Did the Bush Tax Cuts Work Out for the Economy?

    Quote Originally Posted by Kal'Stang View Post
    And the manufacturing that those new industries would create would just go over seas also, thereby not helping one bit. This country NEEDS manufacturing to be brought back HERE. It MUST be reverted or we will continue the downhill slope that we are currently on.

    Now I forget...who was it that signed the Free Trade Agreement?
    The manufacturing will be done overseas, but the design, management, marketing and sales would be done here. Those industries will probably be service industries, not requiring much manufacturing.

    This structural change would happen with or without the FTA. The FTA opened up new markets to our products and expanded our economy.

Page 3 of 53 FirstFirst 1234513 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •