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Originally Posted by Jim in CT
"we've had these cuts now for 6? years under two administrations and the economy has continued down the crapper... "
But NOT because tax dollars collected are down. It's because spending has skyrocketed.
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I'm not sure I see the connection...
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It's irrefytable fact that afetr Bush lowered tax rates, he set records for tax dollars collected.
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Hmmm, see attached chart.
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The problem is that he spent too much...actually, the problem wasn't even that he spent too much, the problem was (1) the democrats decided that it was unfair for banks to only give mortgages to people who had some hope of paying them back, and (2) the financial markets had these crazy schemes to bundle and sell those crappy mortgages.
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Wow, you were a hair away from blaming George Bush until you snapped back to your senses. I'd bring up that whole notion of the "ownership society" but I promised myself I wouldn't go there.
-spence