Quote:
Originally Posted by spence
Most of that was inherited from Bush and some the result of Obama tax cuts. Obama did a good job of reducing the deficit and as a percentage of debt increase was better than Bush 43 or Reagan.
You keep saying that but is it true? Impact of the tax cuts to average workers is pretty small and has to be offset with increases in household spending from health care, inflation etc...
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"Most of that was inherited from Bush
and the democrat-controlled Congress, which writes the laws and crafts the budgets"
fixed it for you.
"and some the result of Obama tax cuts"
What tax cuts were those? How about Obamacare and the stimulus package?
"Obama did a good job of reducing the deficit and as a percentage of debt increase "
He had the highest deficits ever. He gets credit for the biggest deficits being his earliest years? Is the debt any different if his biggest deficit is in his first year or his last year?
"Impact of the tax cuts to average workers is pretty small"
True, but it's larger than the $0 tax cut we got under Obama.