Thanks for making my point.
The supposed "Bush" tax cuts were enacted to bring the economy out of recession, what happened?
Present day, recession, followed by raising taxes or the threat of raising taxes...followed by spending orgies....
What follows, unemployment above 9 percent for god knows how long and a depressed economy.
Holy shit. I have seen a lot of stupid shit on this forum, but this one wins first prize.
It is astonishing the leaps and twists people will make to blame Obama retroactively for the recession, but this is a full-on delusion.
There was no tax increase! And to say the recession was caused by a THREAT of a tax increase? HOOOOOOOOLY SHIT!
Read slowly,
Where did I state that the recession was caused by a threat of a tax increase?
My point is under Bush taxes were reduced, end of recession.
Under Obama, tax hikes were threatened, Corporate America sat on their trillions of capital. Meanwhile, unemployment has remained high.
Holy shit try to read....