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this is a discussion within the Everything Else Community Forum; Originally Posted by WhoDat!656 I don't believe I would have posted that!! Seriously. Let's go over some of the missteps of the previous administration. 9/11. Going into Iraq without proof. Taxes had only been cut one time in U.S. history ...
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500th Post
Join Date: Mar 2010
Posts: 955
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Seriously. Let's go over some of the missteps of the previous administration. 9/11. Going into Iraq without proof. Taxes had only been cut one time in U.S. history before 2003 with the Bush tax cuts and the Iraq/Afghanistan wars and that was 2001 WITH THE FIRST ROUND OF BUSH TAX CUTS AND THE WAR IN AFGHANISTAN. We also had a huge (whether you think it is justified or not) expansion of Medicare and we didn't pay for it. With that same Medicare expansion we also decided to give a huge "rent" to the pharmaceutical companies by not letting the government negotiate for better prices and instead agreeing to pay face value. The recession started on the G.W. Bush watch, whether you think it was his fault or not. The bailouts, the most people are united against, started under G.W. Bush.
Supply Side "Trickle Down" Economics does not work. President George H. W. Bush said as much when he was running for president when he called it "Voo Doo Economics." Bruce Bartlett, who's advised President Reagan and Congressman Ron Paul, says it does not work. Alan Greenspan, former FED chair and advocate for the Bush tax cuts, says they have to go. Let's get a back and forth on this. A discussion. |
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