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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?
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