BUSH TAX CUTS CAUSED THE RECESSON. Bushs tax cuts across board have not created jobs and paid down the deficit. It caused jobs lost and the recession because it put more money in hands of the rich and small business and they did not spend it and if they did they bought items made in China with slave labor contributing to Chinas economy. Tax cuts and jobs going overseas was the cause of the recession so extending the tax cuts will only extend the recession. End the tax cuts for all and bring jobs back from overseas and only then will we see the economy recovery. Extending tax cuts is like beating a dead horse.