- Joined
- Dec 9, 2009
- Messages
- 134,496
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- Conservative
The president runs the economy? Is "conservative" a synonym for "socialist"?
This President with total control of the Congress ran the govt. in 2009-2010 and today still controls the do nothing Senate. you want to ignore that reality.
Further didn't you claim that Obama cut taxes in the stimulus plan? Want the rest of the story?
Reaganomics Vs. Obamanomics: Fallacies Offered By The Left - Forbes
President Obama likes to pretend that a third of his trillion dollar stimulus involved tax cuts too. But those “tax cuts” all involved temporary tax credits which are economically no different from increased government spending. Indeed, a majority of the Obama “tax cuts” were “refundable” income tax credits, which involve sending a government check to people who do not even pay income taxes, economically indistinguishable from increased government spending. That is why even the federal government’s own official beancounters account for such refundable credits in the federal budget as spending rather than tax cuts. Such tax credits do not have the incentive effects of rate cuts explained above