Let me guess: the newest excuse for the recession is Bush's tax cuts?
So, let me get this straight: people made less money because the government took less money out of their pockets?Total income was $2.74 trillion less during the eight Bush years than if incomes had stayed at 2000 levels.
Everyone that can see how idiotic that sounds, please raise your hand.
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
“I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on what’s being proposed here, he’d 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.
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.
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?
I AM DEPLORABLE.
NEVER CRIMINAL HILLARY (S-NY)
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.
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
This structural change would happen with or without the FTA. The FTA opened up new markets to our products and expanded our economy.