Edit - I thought you replied to a different conversation - but feel free to still read the post! 
Anonymous2000 Send a noteboard - 16/10/2012 07:59:13 PM
Anonymous2000 Send a noteboard - 16/10/2012 07:59:13 PM
Regarding Bush:
Tax rates were cut, economy grew, tax revenue significantly increased.....indisputable facts, right? Yes, this is a test for you.
However, even though tax revenue increased, spending increased EVEN MORE, creating a larger deficit. Remember, deficit is the difference between revenue and spending. This is GWB's failing, his reckless spending, not his tax cuts. The federal budget increased from $1.9T to $3.0T under his watch. See the problem?
If GWB only increased spending at the rate of inflation, we would have a massive surplus during his tenure as President.
Tax rates were cut, economy grew, tax revenue significantly increased.....indisputable facts, right? Yes, this is a test for you.
However, even though tax revenue increased, spending increased EVEN MORE, creating a larger deficit. Remember, deficit is the difference between revenue and spending. This is GWB's failing, his reckless spending, not his tax cuts. The federal budget increased from $1.9T to $3.0T under his watch. See the problem?
If GWB only increased spending at the rate of inflation, we would have a massive surplus during his tenure as President.
This message last edited by Anonymous2000 on 16/10/2012 at 08:05:38 PM
No "Global Warming" for the past 16 years - Poor Al Gore!
- 14/10/2012 08:07:38 PM
749 Views
- 15/10/2012 02:07:27 PM
536 Views
No Global Warming? Did you read the article?
- 15/10/2012 04:24:08 AM
570 Views
Hey now!
- 15/10/2012 11:26:16 AM
423 Views
It's funny that even the supremely right wing Daily Mail even admits that there is some problem *NM*
- 15/10/2012 03:20:27 PM
154 Views
Worrying about our kids and grandkids now.....then I assume.....
- 15/10/2012 04:07:36 PM
383 Views
I'm pretty sure even most Democrats are on board with worrying about deficits now.
- 15/10/2012 08:10:31 PM
364 Views
Historic evidence and independent anaylsis currently favors the Republicans.....
- 15/10/2012 08:50:46 PM
323 Views
Are you seriously contending Bush was good for the economy?!
- 15/10/2012 11:27:37 PM
409 Views
I am saying that after the rate reductions took effect in 2003, the economy grew like a weed.....
- 16/10/2012 01:47:28 AM
370 Views
you're wrong on the deficit
- 16/10/2012 05:36:56 PM
364 Views
Edit - I thought you replied to a different conversation - but feel free to still read the post!
- 16/10/2012 07:59:13 PM
370 Views
- 16/10/2012 07:59:13 PM
370 Views
you might want to worry about what will happen yo your grandikids if you kill your economy
- 15/10/2012 05:50:20 PM
355 Views
- 15/10/2012 02:07:27 PM
536 Views
the global warming trend has caused many animals to migrate towards "colder" regions
- 16/10/2012 05:44:11 PM
369 Views
I have to step in re: armadillos and animals
- 16/10/2012 09:41:17 PM
347 Views
Hey its a Right Wing conspiracy to fix the polls, um, I mean climate data *NM*
- 16/10/2012 05:20:29 PM
154 Views