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United States News
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Title: Happy 10th Birthday, Bush Tax Cuts! You've been a failure in every conceivable way
Source: Slate
URL Source: http://www.slate.com/id/2296578
Published: Jun 10, 2011
Author: Annie Lowery
Post Date: 2011-06-10 10:59:53 by go65
Keywords: None
Views: 43609
Comments: 143

Unfortunately, the tax cuts never translated into robust economic growth, either. Indeed, the aughts saw the worst growth since World War II. From 2001 to 2007, annual GDP growth averaged just 2.4 percent per year, lower than in any other postwar business cycle. The contrast is starker still when judging against the previous decade. In real terms, GDP grew half as much from 2001 to 2010 as from 1991 to 2000.

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Begin Trace Mode for Comment # 26.

#3. To: go65 (#0)

The disaster that was the Booosh Tax cuts is so apparent that it's not even worth debating any more.

war  posted on  2011-06-10   11:17:24 ET  Reply   Untrace   Trace   Private Reply  


#6. To: war (#3) (Edited)

The disaster that was the Booosh Tax cuts is so apparent that it's not even worth debating any more.

I love how you make drive-by accusations then refuse to back up anything you proclaim by couching your language in weasel words. You need to go back to the disinformation collective and brush up on your skills, comrade.

Rudgear  posted on  2011-06-10   11:31:34 ET  Reply   Untrace   Trace   Private Reply  


#7. To: Rudgear (#6)

We went from surplus to deficit in the wink of an eye. The debt EXPLODED and the tax "cuts" did absolutely nothing. Our fiscal problems and the fact that we cannot inplement a TRUE Keynsian solution to the current economic ennui can be traced back to those cuts.

Those are all proven facts.

There's nothing drive-by about it at all. Those cuts were the pinnacle of fiscal irresponsibility - a trait that the GOP demonstrates every time that it gets into power.

war  posted on  2011-06-10   11:36:34 ET  Reply   Untrace   Trace   Private Reply  


#15. To: war (#7)

We went from surplus to deficit in the wink of an eye.

Clinton tech bust and the irresponsible CRA. Yes, Sink boy truly was the gift that keeps on giving.

no gnu taxes  posted on  2011-06-10   12:23:37 ET  Reply   Untrace   Trace   Private Reply  


#18. To: no gnu taxes (#15)

Clinton tech bust and the irresponsible CRA. Yes, Sink boy truly was the gift that keeps on giving.

You have an amazing ability to argue both that the Bush administration economic policies were a resounding success, and that the economy crashed under Bush due to Clinton.

Amazing.

go65  posted on  2011-06-10   12:28:09 ET  Reply   Untrace   Trace   Private Reply  


#21. To: go65 (#18)

He's become more absurd over the past few months. His rebuttal to just about any economic point is "CRA!!!!" He hates it that ni**ers can buy houses.

war  posted on  2011-06-10   12:33:48 ET  Reply   Untrace   Trace   Private Reply  


#26. To: war (#21)

His rebuttal to just about any economic point is "CRA!!!

Why wouldn't it be?

no gnu taxes  posted on  2011-06-10   12:41:27 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 26.

#29. To: no gnu taxes (#26) (Edited)

That article blames the CRA for "lax lending standards" while offering absolutely no proof that it did.

Meanwhile, time after time, you have been given empirical data that CRA had zipola to do with the financial crisis.

Believe me, we all "get" that you hate ni**ers owning homes.

war  posted on  2011-06-10 12:45:35 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 26.

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