Darkon
Posts: 3,476
Apr 9, 2010 1:36am
I like this! Good point.2quik4u wrote: what we had was a president making tax cuts like a conservative and then spending like a liberal
believer
Posts: 8,153
Apr 9, 2010 3:16am
True but Bush's contribution to the collapse was the bizarre tendency to cut taxes (good thing) and couple it with massive government spending (very bad thing).ptown_trojans_1 wrote:We had growth, but then everything collapsed in 2007/2008, which outweighed and undid all the growth.
As I recall the collapse also had several of other major causes including the sub-prime mortgage debacle which had the fingerprints of PLENTY of other politicians all over it (primarily Dems) not-to-mention typical Wall Street greed and speculation to sweeten the pot.
fish82
Posts: 4,111
Apr 9, 2010 7:51am
No argument here.2quik4u wrote: what we had was a president making tax cuts like a conservative and then spending like a liberal
Devils Advocate
Posts: 4,539
Apr 9, 2010 7:55am
Yeah... we all know how many dems work on wall street.believer wrote:True but Bush's contribution to the collapse was the bizarre tendency to cut taxes (good thing) and couple it with massive government spending (very bad thing).ptown_trojans_1 wrote:We had growth, but then everything collapsed in 2007/2008, which outweighed and undid all the growth.
As I recall the collapse also had several of other major causes including the sub-prime mortgage debacle which had the fingerprints of PLENTY of other politicians all over it (primarily Dems) not-to-mention typical Wall Street greed and speculation to sweeten the pot.
But tax cuts are not good unless the are offset by spending cuts somewhere else. Without spending cuts, tax cuts are spending (although it is the taxpayer rather than the Government directing where the money is spent)
I
I Wear Pants
Posts: 16,223
Apr 9, 2010 11:36am
No, it's not tax cuts at all.QuakerOats wrote:You're right; it's tax cuts AND REAL government spending cuts.I Wear Pants wrote:
The answer is not tax cuts.
Q
queencitybuckeye
Posts: 7,117
Apr 9, 2010 12:05pm
Without the unlikely event of getting spending under control, the revenue side is of little consequence on way or the other.I Wear Pants wrote:No, it's not tax cuts at all.QuakerOats wrote:You're right; it's tax cuts AND REAL government spending cuts.I Wear Pants wrote:
The answer is not tax cuts.