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?