The last time Xiden and the Dems were in charge and passed a "rescue" plan they gave us double digit UE.
Do you mean like Reagan did when he passed his recovery tax cuts in 1981 and threw us into the 1982 Reagan Recession and double digit UE rate.
You think tax cuts caused a recession?
Have you always been stupid, or is this a recent decline?
Well you explain how Reagan threw us into a great recession.
It wasn't taxes?
That was his only policy at that point, and when Regan raised taxes at the end of 1982 we pulled out of the Great Reagan Recession.
and when Regan raised taxes at the end of 1982
Which taxes did he raise? From what level to what higher level?
Got any solid numbers behind your claim?
He raised taxes on everything including SS, except the income of the rich to offset the loss of revenue from his tax cuts for the rich.
He raised taxes on everything
Back up your claim........unless you can't?
He raised taxes in 1982, 1983, 1984, 1986 and 1987. But you knew that already.
Something had to make up for the financial hole created by Reagan's famous cuts.
The 1981 tax cut reduced revenue by an average of 2.89 percent of gross domestic product over the four years after it was enacted, according to the Treasury Department's analysis, which does not attempt to incorporate any macroeconomic effects of tax changes. When I added up the four-year average revenue impact of
the next seven significant tax changes approved by Congress, in 1982, 1983, 1984, 1986, 1987, 1990 and 1993, I found that they equaled 2.98 percent of gross domestic product.
he raised taxes after he lashed them and got the economy back after the dems destroyed it and never made rates as high as they were before
First of all, it was NIXON who destroyed the economy to get reelected by having the FED pump his dying economy with money jacking up inflation, followed by incompetent boob Ford's stupid solution of WIN buttons (Whip Inflation Now).
Nixon economically wasn't a great President at all...he was still following the failed Johnson/FDR failed policies, it didn't help that Nixon took over in the middle of a recession either
Like I always say, if conservatives didn't lie, they'd have absolutely nothing to say.
No, liar, Nixon did not inherit a recession.
www.nber.org
The last Democrat president to hand a recession to a Republican was Woodrow Wilson, 100 years ago.
See if you can name the last Republican president who didn't have a recession on their watch...?