Active Users:1122 Time:22/11/2024 01:56:51 PM
Are you seriously contending Bush was good for the economy?! Joel Send a noteboard - 15/10/2012 11:27:37 PM
Look what happened to the economy and tax revenue after the last 3 major tax cuts:

JFK's = economy grew, tax revenue increased
Reagan's = economy grew, tax revenue increased
GWB's = economy grew, tax revenue increased

See a trend?

The historical record shows US federal debt was just under $1 trillion when Reaganomics began and $12 trillion when it (hopefully) ended. That is despite the '90s reprieve when Clinton, Gingrich and Dole cooperated to cut spending AND raise taxes to eliminate the deficit and begin reducing the debt.

Between 1981 and 1992 (Reagan and Bush 41) US federal debt tripled. Between 2001 and 2009 (GWB) it doubled. Trickle down theory failed when Hoover invented it to end the Depression in 1930 and has not improved with age. The last time we tried it did more damage to the US and global economy than anything in history—except, of course, the FIRST time we tried it. THAT is historys verdict. Not that any of that has much to do with global warming.
Honorbound and honored to be Bonded to Mahtaliel Sedai
Last First in wotmania Chat
Slightly better than chocolate.

Love still can't be coerced.
Please Don't Eat the Newbies!

LoL. Be well, RAFOlk.
Reply to message
No "Global Warming" for the past 16 years - Poor Al Gore! - 14/10/2012 08:07:38 PM 797 Views
Whilst I vehemently disagree with the idea that GW is a hoax... - 14/10/2012 08:42:59 PM 421 Views
No Global Warming? Did you read the article? - 15/10/2012 04:24:08 AM 630 Views
Hey now! - 15/10/2012 11:26:16 AM 468 Views
Worrying about our kids and grandkids now.....then I assume..... - 15/10/2012 04:07:36 PM 428 Views
I'm pretty sure even most Democrats are on board with worrying about deficits now. - 15/10/2012 08:10:31 PM 416 Views
Historic evidence and independent anaylsis currently favors the Republicans..... - 15/10/2012 08:50:46 PM 370 Views
Are you seriously contending Bush was good for the economy?! - 15/10/2012 11:27:37 PM 458 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 415 Views
and that ended well for everyone concerned *NM* - 16/10/2012 02:47:54 AM 183 Views
you're wrong on the deficit - 16/10/2012 05:36:56 PM 417 Views
Small problem with your obervation... - 17/10/2012 07:10:59 PM 361 Views
I think our joke went too far. - 15/10/2012 06:13:06 PM 419 Views
- 15/10/2012 02:07:27 PM 583 Views
the global warming trend has caused many animals to migrate towards "colder" regions - 16/10/2012 05:44:11 PM 419 Views
I have to step in re: armadillos and animals - 16/10/2012 09:41:17 PM 393 Views
I was wrong then on the armadillos, but my point still stands. - 18/10/2012 06:58:53 PM 406 Views
Yep, the general point is definitely correct. *NM* - 18/10/2012 10:03:28 PM 176 Views

Reply to Message