"Jeff Thies" wrote in message
...
On 10/27/2010 9:11 PM, Stormin Mormon wrote:
Without the Bush tax cuts, we'd have a sluggish economy like now.

Exactly where do you think all that money that went to the upper tier
earners went? It didn't go to expanding the economy, the economy grew
faster before. There was so much money floating around that it went in to
all those exotic investments that brought enormous short term profits to
the rich but were the source of the collapse.


Deficits are caused by liberals spending more than the revenue. Please
do not blame tax payers for deficits. Deficits are caused by spending.

One quarter of the deficit is the Bush tax cut. W kept both wars off
budget, but their cost is substantial. That is the reality instead of your
unsubstantiated suppositions.

As far as liberal spending, W spent like a drunken sailor. Public
spending increased by 70%. Add in his unpaid for tax cuts and the deficit
more than doubled. It was declining before he came in office.

http://en.wikipedia.org/wiki/Nationa...idential_terms

Note also that GDP increase was greater under Clinton. Exactly how are W's
policies better for the country?

If you want the rich to have more money than fine. But don't say it is
for the good of the country as there is no evidence of that.


Jeff



You are arguing economics with a guy that can't figure out how to post
properly.

Just sayin'

Jim