GWB tax cuts = largest revenue growth to follow in history

[TheGreatGatsby]

^^^

Yea. The sky was falling in 2010. I guess we learned nothing from Chicken Little.

 

[JRK]

^^^

Yea. The sky was falling in 2010. I guess we learned nothing from Chicken Little.

The quote Romney stated about the economy and Obama having a record now will come into play the closer we get to November

ABC news last night on the radio when I was coming home had 50% of there report on OBL being killed and the other 50% on as dropping 4 pennies a gallon as it matters if it is 3.95 or 3.91
Oh yea they mentioned speculators have nothing to run oil prices up because of Iran right now
It has become SOP for the left

 

[starcraftzzz]

2007 we spent 2.7 trillion
2010 we spent 3.7 trillion
we had 137.6 million with a job in 2007
we had 129 in 2010

from 03 to 08 we created 7 million jobs
from 09 to the present we lost about the same with the "available work force number" plummeting

And some-how discussing that with some makes you "R"

No the fact that you have no clue what you are talking about, cherry pick the data; cant read or do math and think that stating spending in the year 2007 is some how a revelation is why you are a retard.

ZZZ people have caught on, even the liberals see you have no class bud, it will follow you through life if you do not stop it

I'm not to concerned about what you think of me considering that you can't do subtraction or speak English

But when you make it personal, it then has nothing to do with the facts, the debate, the spin nor the lies ZZZ

It is the same in life

Why is it that youy never respond to any of the debunking of all your stupid posts? Is it because you cannot read? When you keep repeating the same thigns over and over when they've been debunked 10 times it is 100% clear that you are a retard/

 

[NYcarbineer]

After the Bush administration tax cuts, there were 52 months of continuous job creation and economic expansion.

52 months of job creation and expansion is the largest such period in American history

There was a return of the massive deficit that fueled that. Borrowed prosperity.

 

[JRK]

After the Bush administration tax cuts, there were 52 months of continuous job creation and economic expansion.

52 months of job creation and expansion is the largest such period in American history

There was a return of the massive deficit that fueled that. Borrowed prosperity.

NY GWB added 700 billion in spending thru 2008, thats all
We had a deficit in 2007 of 163 billion, not 1.6 trillion
The massive deficits began in 2009, with 1/2 of 2009 debt belonging to BHO, as well as all added debt from 2007 as BHO was part of the senate who was in majority with the house post 2006 election

NY being dis honest about the events from 2001 through 2008 has run its course

President Bush expanded the federal budget by a historic $700 billion through 2008
Federal Spending By the Numbers 2008
Bush Deficit vs. Obama Deficit in Pictures
The Truth about Obama's Budget Deficits, in Pictures

I hate this stuff NY, I really do
deficit
debt
there 2 different things
1995 thru the election cycle of 2006
we had a chance NY, we had a chance
we have added 6 trillion dollars to the debt sense the Dems took over congress NY
close to 5 trillion sense BHO took office

resident Bush presided over a $2.5 trillion increase in the public debt through 2008. Setting aside 2009 (for which Presidents Bush and Obama share responsibility for an additional $2.6 trillion in public debt),
this link is out dated on BHO debt only
The Obama Budget: Spending, Taxes, and Doubling the National Debt
Its worse

 

[JRK]

Romney and Ryan can build on this

 

[J.E.D]

GWB tax cuts = largest revenue growth to follow in history

Followed by the worst jobs record in recent history. Your point is?

 

[Ariux]

Where's the graph?

 

[JRK]

By 2003, Mr. Bush grasped this lesson. In that year, he cut the dividend and capital gains rates to 15 percent each, and the economy responded. In two years, stocks rose 20 percent. In three years, $15 trillion of new wealth was created. The U.S. economy added 8 million new jobs from mid-2003 to early 2007, and the median household increased its wealth by $20,000 in real terms.
But the real jolt for tax-cutting opponents was that the 03 Bush tax cuts also generated a massive increase in federal tax receipts. From 2004 to 2007, federal tax revenues increased by $785 billion, the largest four-year increase in American history. According to the Treasury Department, individual and corporate income tax receipts were up 40 percent in the three years following the Bush tax cuts. And (bonus) the rich paid an even higher percentage of the total tax burden than they had at any time in at least the previous 40 years. This was news to theNew York Times, whose astonished editorial board could only describe the gains as a “surprise windfall.”


Read more: DWYER: Bush tax cuts boosted federal revenue - Washington Times

 

[JRK]

DWYER: Bush tax cuts boosted federal revenue - Washington Times

 

[Too Tall]

DWYER: Bush tax cuts boosted federal revenue - Washington Times
But the real jolt for tax-cutting opponents was that the 03 Bush tax cuts also generated a massive increase in federal tax receipts. From 2004 to 2007, federal tax revenues increased by $785 billion, the largest four-year increase in American history. According to the Treasury Department, individual and corporate income tax receipts were up 40 percent in the three years following the Bush tax cuts. And (bonus) the rich paid an even higher percentage of the total tax burden than they had at any time in at least the previous 40 years. This was news to theNew York Times, whose astonished editorial board could only describe the gains as a “surprise windfall.”

Lose jobs
lose wall street wealth
you lose taxable income
Not Tax Policy as this was proved as well as job growth until the credit bubble busted



You wonder why BHO has ignored those jobs in this jobless recovery?

And yet Wages were essentially stagnant and this is a consumer spending based economy.
And even with such growth in revenues Bush still overspent by around 5 trillion.

Not really anything to be proud of.

The spending was definitely a minus, but unemployment averaging 5.3% was a plus. Obama has managed to spend 5 trillion in less than 4 years, and did it without the Senate passing a budget for 3 of those years.

 

[JRK]

DWYER: Bush tax cuts boosted federal revenue - Washington Times
But the real jolt for tax-cutting opponents was that the 03 Bush tax cuts also generated a massive increase in federal tax receipts. From 2004 to 2007, federal tax revenues increased by $785 billion, the largest four-year increase in American history. According to the Treasury Department, individual and corporate income tax receipts were up 40 percent in the three years following the Bush tax cuts. And (bonus) the rich paid an even higher percentage of the total tax burden than they had at any time in at least the previous 40 years. This was news to theNew York Times, whose astonished editorial board could only describe the gains as a “surprise windfall.”

Lose jobs
lose wall street wealth
you lose taxable income
Not Tax Policy as this was proved as well as job growth until the credit bubble busted



You wonder why BHO has ignored those jobs in this jobless recovery?

And yet Wages were essentially stagnant and this is a consumer spending based economy.
And even with such growth in revenues Bush still overspent by around 5 trillion.

Not really anything to be proud of.

The spending was definitely a minus, but unemployment averaging 5.3% was a plus. Obama has managed to spend 5 trillion in less than 4 years, and did it without the Senate passing a budget for 3 of those years.

simple truth
This will end his reign in November
not personal
Ryan coming aboard made sure of this

 

[daveman]

Have they forgotten that Bush ballooned the deficits pumping billions of borrowed dollars worth of government spending into the economy?

Can you explain why Bush doing that is bad, but Obama doing the same thing is good?

 

[JRK]

Have they forgotten that Bush ballooned the deficits pumping billions of borrowed dollars worth of government spending into the economy?

Can you explain why Bush doing that is bad, but Obama doing the same thing is good?

Obama added 500 billion to our baseline
he has not allowed the Oil and Gas to expand as GWB had planned
over 50% of the jobs we have recovered came from Texas, ND, Louisiana, Oklahoma
drill baby drill
GWB had a plan,

 

[daveman]

Have they forgotten that Bush ballooned the deficits pumping billions of borrowed dollars worth of government spending into the economy?

Can you explain why Bush doing that is bad, but Obama doing the same thing is good?

Obama added 500 billion to our baseline
he has not allowed the Oil and Gas to expand as GWB had planned
over 50% of the jobs we have recovered came from Texas, ND, Louisiana, Oklahoma
drill baby drill
GWB had a plan,

One would get the impression that Obama doesn't give a damn about American jobs.

And one would be correct.

 

[JRK]

Can you explain why Bush doing that is bad, but Obama doing the same thing is good?

Obama added 500 billion to our baseline
he has not allowed the Oil and Gas to expand as GWB had planned
over 50% of the jobs we have recovered came from Texas, ND, Louisiana, Oklahoma
drill baby drill
GWB had a plan,

One would get the impression that Obama doesn't give a damn about American jobs.

And one would be correct.

he has done nothing to create the atmosphere this country needs
Oil and gas is not about gas prices, it is about jobs
I am 1300 miles from home working building a gas plant in N Texas. No jobs at my home
13% UE and holding

 

[francoHFW]

Yup, great corruption bubble, cronyism depression. Let's do THAT again!

The rest of the growth is inflation...

And thanks for the mindless un-American obstruction...assume the position, a-holes.

Oil production has never been higher, or safer.

 

[NYcarbineer]

DWYER: Bush tax cuts boosted federal revenue - Washington Times
But the real jolt for tax-cutting opponents was that the 03 Bush tax cuts also generated a massive increase in federal tax receipts. From 2004 to 2007, federal tax revenues increased by $785 billion, the largest four-year increase in American history. According to the Treasury Department, individual and corporate income tax receipts were up 40 percent in the three years following the Bush tax cuts. And (bonus) the rich paid an even higher percentage of the total tax burden than they had at any time in at least the previous 40 years. This was news to theNew York Times, whose astonished editorial board could only describe the gains as a “surprise windfall.”

Lose jobs
lose wall street wealth
you lose taxable income
Not Tax Policy as this was proved as well as job growth until the credit bubble busted



You wonder why BHO has ignored those jobs in this jobless recovery?

It's interesting that they had to pluck 3 years out of the 10 years that the Bush tax cuts have been in effect in order to manufacture this result.

 

[francoHFW]

The years of the worst bubble since the Great Depression!

 

[NYcarbineer]

Do they bother to mention that these increased revenues followed 3 years of FALLING revenues 2001, 2002, 2003? Two years of which were AFTER the first Bush tax cuts.