Quote:
Originally Posted by Riot
Now? I started crying when Obama came out and said he'd cave before negotiations began. He may yet stick at 1 million (which I think is the most he should go), but he already said he'd extend for everyone, it's just a matter of length.
Yes, I do not agree with that at all. Bad, bad for expanding deficit as an unfunded tax cut. Obviously doesn't build any jobs, because that's the tax rate in effect now, that we've had since 2001-2003. We've lost 800,000 jobs on that tax rate and gone into a major recession after a threatened depression. Not much "business building" there, is there?
How's that tax cut supposed to be so awesome for growing the economy again?
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Are you seriously saying that the Bush tax cuts were responsible for a global economic calamity? The Bush tax cuts caused the collapse of the housing markets and caused finanical companies to make bad investmets? Are you saying that the Bush tax cuts are responsible for the debacle of fannie mae and freddie mac?
12-05-2010, 07:36 PM
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