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

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

    Desert Beacon: The Ultimate Fish Story: John McCain, Deregulation, and the Reform of Fannie and Freddie

    Senator McCain's supporters have made much of his co-sponsorship of S. 190, an attempt to reform Fannie and Freddie during the 109th Congress. However, it may well be worth remembering that this was initially Senator Charles Hagel's bill, and secondly that its provisions met with significant opposition from conservative quarters. The real “maverick” in this tale certainly could be the Man Not Running, Senator Charles Hagel (R-NE). Neither have the other two co-sponsors assumed the Maverick Label – Senators Dole and Sununu.

    Senator McCain signed on as co-sponsor of Hagel's Federal Housing Enterprise Regulatory Reform Act of 2005, urging its quick passage, [GovTrak] and this vocal support appears to be the totality of his exertions. S.190 promptly ran into controversies over policy differences between the House version (H.R. 1461, 109th) and the Senate edition in terms of housing requirements, portfolio limits, and program/product approval. [NAHB] From the National Association of Home Builder's perspective S. 190 had some serious flaws: “In contrast, (to the House version) the Senate bill, S. 190, contained many restrictive provisions that could harm the nation’s housing finance system, including: restrictions on asset holdings, discretion to raise minimum capital, burdensome program approval process, and a regulatory structure tilted away from housing. In addition, S. 190 did not require Fannie Mae and Freddie Mac to set aside monies to fund affordable housing initiatives, as provided in the House-passed bill.” [NAHB] S. 190 died quietly in the Republican controlled Senate Banking Committee at the end of the 109th Congress. The stronger of the two pieces of legislation, H.R. 1461, didn't draw rave reviews either.


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

    Quote Originally Posted by FilmFestGuy View Post
    That's freakin' great... But if you're honest with yourself, then you'd realize that what you're talking about is the fact that Reagan did much better LATER and NOT AT THIS POINT IN HIS CAREER.

    If you people were around then (and I'm sure you were), you'd realize that if people would've responded to him THEN the way they're responding to Obama now, they'd have thrown him out of office in 1984. You're only proving my point further.
    That is exactly right, he did better later because of the economic policy he implemented, the exact opposite of Obama's. That is what Obama want to ignore, the economic policy Obama implemented.

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

    And progressives tout that as an achievement or what? Good job.



    Someday "Progressives" will be fully unmasked for the killers of freedom they are.

    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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

    Quote Originally Posted by j-mac View Post
    And progressives tout that as an achievement or what? Good job.

    Someday "Progressives" will be fully unmasked for the killers of freedom they are.

    j-mac
    Or others will be unmasked for the partisan tools they are.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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

    Quote Originally Posted by Boo Radley View Post
    Or others will be unmasked for the partisan tools they are.
    How's it going, Boo! Great day, isn't it? How did Florida turn out for you?

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

    Quote Originally Posted by Conservative View Post
    How's it going, Boo! Great day, isn't it? How did Florida turn out for you?
    I don't live in Florida. But I'm OK with it. What did you think of Reid winnning?

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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

    Quote Originally Posted by Boo Radley View Post
    I don't live in Florida. But I'm OK with it. What did you think of Reid winnning?
    I thought it was typical insantiy, 14.4% unemployment and they re-elect the Senate Majority leader who helped implement the policies that led to that high unemployment. That is the definition of insanity. The people of Nevada deserve everything they get.

    This is how Reid won


    LAS VEGAS — A lawyer for Nevada Senate candidate Sharron Angle has filed a complaint with the Justice Department alleging illegal voter intimidation on behalf of Senate Majority Leader Harry Reid's campaign.

    The complaint is based on an article, which appeared Tuesday morning in National Review, that alleged Reid's campaign worked with sympathetic executives to put pressure on union casino employees to vote.

    Supervisors were instructed to track down employees who hadn't voted and find out why, according to e-mails obtained by reporter and conservative blogger Elizabeth Crum.



    Read more: http://www.politico.com/news/stories...#ixzz14ELKaH43
    Last edited by Conservative; 11-03-10 at 11:39 AM.

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

    Quote Originally Posted by Conservative View Post
    I thought it was typical insantiy, 14.4% unemployment and they re-elect the Senate Majority leader who helped implement the policies that led to that high unemployment. That is the definition of insanity. The people of Nevada deserve everything they get.
    The problems started before democrats had control. And as Obam has been in office only two years, it may well be his efforts that will lead the recovery (or more accurately, time will go by and this will pass, people will take credit on both sides who really did nothing to deserve it).

    But, the nutter didn't win. Neither the witch or the really nutter guy in NY. That helps a bit.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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

    Quote Originally Posted by j-mac View Post
    And progressives tout that as an achievement or what? Good job.



    Someday "Progressives" will be fully unmasked for the killers of freedom they are.

    j-mac
    You've got to be kidding, what does this stupid video prove?


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

    Quote Originally Posted by pbrauer View Post
    You've got to be kidding, what does this stupid video prove?
    Hey, pbrauer, how is that hope and change working out for you, a Republican leading in Oregon for Governor? Getting the message yet?

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