NYcarbineer
Diamond Member
Was the recession Bush's fault? NO.
The traditional solution to a recession CUT TAXES.
Did it work? YES!!!
Look at this chart:
If it didn't work explain why in 2001 there was over a 15% LOSS of federal revenue..
Then by 2005 a 20% growth just in 4 years AFTER the tax cuts.. a 35% swing!
Please explain that!
View attachment 22519
Contrary to Popular Belief, Federal Revenue Growth Is Impressive - Seeking Alpha
Adjusted for inflation, tax revenues peaked in 2000. They only exceeded that level twice in Bush's presidency, 2006 and 2007. So 6 of the 8 years of Bush's presidency,
with Bush's 2 tax cuts, revenues were below the last year of Clinton's presidency.
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