Blame It On Bush isn't workin for the Messiah any more, and it's not working for you.
The Great Recession happened because the banks took advantage of the unconstitutional federal guarantee of mortgage repayment, the CRA, the CRAII, and the cancellation of the Glass-Steagal Act by President Clinton, and the Giant Sequoia of the Economy was finally toppled by $4.50 a gallon gasoline.
The Bush Tax Cuts enabled something like six solid years of positive economic growth.
What do you feel is going to happen to the economy when, in the Second Dip of the Great Rescession, those taxes are automatically re-imposed? This isn't a trick question.
Will the economy grow or shrink when the government's reimposed taxes put additional financial burden on employers?
That's the only question that matters.
No one cares about your class envy or your failed socialist ideologies.
There are many reactions one could have had to my statement. My very thin, short and truncated statement that pointed out a mere fact.
Of course the typical politically biased ball-save reaction is to protect the family jewels when there's fear of an attack: hence you getting defensive at the mere statement that had no implication what so ever as to who's to blame, who caused problems, why things went down the ****ter . . .
You read that statement and immediately took it as "a socialist agenda" or as "partisan hackery blaming Bush"
I'm just the messenger - don't shoot me because you don't like what I had to say! You read between the lines and are now all a tuff over nothing.
*smooths your feathers*
Now - read my following post to that where I stated:
I think it actually shows that our economy centers more around what our government does/doesn't do with their spending than how much they have to spend.
Now that you've recollected your cool . . . so I can actually Bush Bash.
Who's more to be annoyed with in this situation: Democrats currently in charge of things who may or may not let the tax cuts expire.
Or Bush who instigated a failed attempt to resuscitate a wavering economy with trickle-down economics that didn't work . . . with the FULL KNOWLEDGE that these measures would EXPIRE in the future when he was no longer in office?
I think we can fairly lay fault equally on everyone directly involved in all of these decisions. . . Every administration makes decisions to offset or stave off economic crisis . . . only to find that those measures were temporary and in 8, 10, 12 years - useless and failed.
Obviously they're not doing it right if we keep revisiting the same damn problems over and over. So they're ALL to blame - Bush, Clinton, Bush and Obama.
Resorting to any sort of partisan favoritism, finger pointing and exclusion is exactly why this country's in such a fickle pickle, don't you think?
Now - since businesses and individuals had known FOR YEARS that the tax-cuts might expire come end 2010 you'd think they would have planned for that, yeah?
I mean - that's most WISE, isn't it? When you know you'll be sucked a bit more dry - don't you think ahead and try to plan for it so it's not such a crunch?
These people can't just ditch their lack of preparation off on the government if they've KNOWN this whole time that things were set to be snipped, now can they?