Big win for Bush as he protects the middle class from the wealthy's higher taxes

anyone who believes tax cuts without spending cuts is anything near responsible is a moron.

 

Didn't you hear? Deficits don't matter.

 

George W. Bush is the Republican's two term version of Jimmy Carter, and we all know what happened in 1980.

The pendulum is swinging in the other direction, fast.

 

keynes just had a heart attack in his grave.

 

Link? Not being a smart-ass, I just bought a home and now I'm scared sh*tless!

 

What's sad is that Republicans don't just control, but dominate all three branches of government AND the most watched media network.

And here they are acting like they are rallying and protecting the middle class from democrats. Our country has full party control and we haven't progressed, we've regressed, and American's dislike them. Now how can you be in full control and still lose? that's what I don't understand. Absolute power has corrupted, absolutely, and its taken 6 years for 70% of Americans to see this.

 

please tell me why the deficit is rising.

 

Only texxx could take an accounting ****up like the amt and spin it as protecting the middle class from higher taxes.

beautiful

 

Tax receipts are up after several years of economic growth that started before the tax cuts. Tax receipts went down substantially during the cut period, and it took them several years to get back to where they were before the cuts.

Had it not been for the tax cuts, based on the trends of the past 80 years, tax receipts would likely be much higher than they are now, and the deficit likely much smaller, as it was in the past.

In 80 years, tax receipts have only dropped 6 times - 3 times under Bush, and otherwise not since 1983. The fact that you use the idea that tax receipts are rising as a wonderful positive for Bush, given that it's happened in 74 of the past 80 years - tells us the ridiculously low standard you now have for his economic policies.

 

Please

Seems you're on your own with the spin that this protects the middle class. Care to point out in the article where the AP is espousing that this is a good thing?

 

How can you be so sure that the economy would not have rebounded without the tax cuts? You can't.

Rookie.

 

So one half of the all the dips in tax receipts in the last 23 years came under Bush's administration. That is telling indeed.

It is loyal of you to make excuses though.

 

bigtexxx, you're going to have to establish your economical genius before people are going to be willingly blinded by your biased science.

And again, no matter how many numbers you crunch, if most people don't see a marked improvement in their own lives, then most people aren't going to care. And even if they do see an improvement, I'd doubt many of them are going to connect that directly to some beneficient (heh) action of the Bushies.