alan1
Gold Member
The Reagan-Bush tax cuts for the rich created the vast majority of the National Debt.
Reagan's budget director David Stockman called them a "trojan horse" to reduce taxes for the rich.
Tax cuts don't cause deficits, you moron, spending more than you have does.
If you got a 25% raise at work and went out and spent 45% more, you'd run a deficit.
If you got a 5% cut in pay and cut your spending by 5% would you run a deficit?
Yer an idiot.
Why would the government lower taxes, Bush tax cut of 2001, and bush tax cut of 2003, when THEY KNEW they would be spending more? They KNEW IT...they KNEW they would be running deficits, borrowing from china and japan and saudi arabia? Why, why why would they lower taxes under those conditions...when they KNEW they would be spending much more?
it doesn't make sense...they gave tax cuts and in the same breath, they doubled their spending???? not logical to me....????
For votes???
That's congress for you, a bunch of damn idiots.