Republicans still don't understand how enormous of a disaster the Bush Admin was

[Al Azar]

You know WWII started and ended in less time than Obama has been in office, is he responsible for ANYTHING in your Fantasyland?

An amazing economic recovery and social progress in the face of unrelenting, withering opposition.

And it only cost $13,000,000,000,000!

That's $40,000 for each and every American, allocated $80,000 to working people and $0 to Obama parasites and zombies

Thanks, Obama

No matter how much we spend making ourselves sick, it always costs more getting well again.

 

[SYTFE]

You would think that looking back, even the GOP base would understand how big of a disaster the Bush administration was. All of their enormous failures. How they damaged the country. They can't even name something positive from that horrible and failed administration.

Considering the enormity of the disaster, why is it they don't get it?

lol, wow! You hit the nail on the head here. Look at their posts....absolutely delusional.

 

[CrusaderFrank]

You know WWII started and ended in less time than Obama has been in office, is he responsible for ANYTHING in your Fantasyland?

An amazing economic recovery and social progress in the face of unrelenting, withering opposition.

And it only cost $13,000,000,000,000!

That's $40,000 for each and every American, allocated $80,000 to working people and $0 to Obama parasites and zombies

Thanks, Obama

No matter how much we spend making ourselves sick, it always costs more getting well again.

So. we're better off now that the the Federal government is $19T in debt and the Fed is $4.5T?

Really?

''If you let me write $200 billion of hot checks every year, I could give you an illusion of prosperity, too.'' -- Bensten. Remember that?

 

[Al Azar]

You know WWII started and ended in less time than Obama has been in office, is he responsible for ANYTHING in your Fantasyland?

An amazing economic recovery and social progress in the face of unrelenting, withering opposition.

And it only cost $13,000,000,000,000!

That's $40,000 for each and every American, allocated $80,000 to working people and $0 to Obama parasites and zombies

Thanks, Obama

No matter how much we spend making ourselves sick, it always costs more getting well again.

So. we're better off now that the the Federal government is $19T in debt and the Fed is $4.5T?

Really?

''If you let me write $200 billion of hot checks every year, I could give you an illusion of prosperity, too.'' -- Bensten. Remember that?

You can attribute the illusion of prosperity to Ronald Reagan. He's the one who legitimized disconnecting tax collection from the cost of government. We've been unable to unring that bell ever since.

 

[cereal_killer]

You would think that looking back, even the GOP base would understand how big of a disaster the Bush administration was. All of their enormous failures. How they damaged the country. They can't even name something positive from that horrible and failed administration.

Considering the enormity of the disaster, why is it they don't get it?

Total failure indeed. I'm not fond of the Bush/Clinton/Obama cartels for that matter

 

[rdean]

Trillions from the deficit creating Bush Tax cuts - Obama's fault? Doesn't make sense.

You don't make sense. Letting people keep more of their hard earned money creates debt in Libville, but not in reality. Liberals assume all spending is God's work and must go on regardless. In fact, even slowing spending growth is considered a cut in spending. Somewhere in Libville it's written in stone that we must spend like there's no tomorrow.

I realize you are too far gone for information you don't already believe but for the others:

(and there's more detailed analysis on the page about the ten big myths libs live by)


Ten Myths About the Bush Tax Cuts
Nearly all of the conventional wisdom about the Bush tax cuts is wrong. In reality:

• The tax cuts have not substantially reduced current tax revenues, which were in fact not far from the 2000 pre-tax cut baseline and over the 2003 pre-tax cut baseline in 2006;
• The increased child tax credit, 10 percent tax bracket, and fix of the alternative minimum tax (AMT) reduced tax revenues much more than most of the "tax cuts for the rich";
• Economic growth rates have more than doubled since the 2003 tax cuts; and
• The tax cuts shifted even more of the income tax burden toward the rich.

Ten Myths About the Bush Tax Cuts-and the Facts
Myth #1: Tax revenues remain low.
Fact: Tax revenues are above the historical average, even after the tax cuts.

Myth #2: The Bush tax cuts substantially reduced 2006 revenues and expanded the budget deficit.
Fact: Nearly all of the 2006 budget deficit resulted from additional spending above the baseline.

Myth #3: Supply-side economics assumes that all tax cuts immediately pay for themselves.
Fact: It assumes replenishment of some but not necessarily all lost revenues.

Myth #4: Capital gains tax cuts do not pay for themselves.
Fact: Capital gains tax revenues doubled following the 2003 tax cut.

Myth #5: The Bush tax cuts are to blame for the projected long-term budget deficits.
Fact: Projections show that entitlement costs will dwarf the projected large revenue increases.

Myth #6: Raising tax rates is the best way to raise revenue.
Fact: Tax revenues correlate with economic growth, not tax rates.

Myth #7: Reversing the upper-income tax cuts would raise substantial revenues.
Fact: The low-income tax cuts reduced revenues the most.

Myth #8: Tax cuts help the economy by "putting money in people's pockets."
Fact: Pro-growth tax cuts support incentives for productive behavior.

Myth #9: The Bush tax cuts have not helped the economy.
Fact: The economy responded strongly to the 2003 tax cuts.

Myth #10: The Bush tax cuts were tilted toward the rich.
Fact: The rich are now shouldering even more of the income tax burden.

This is the problem with bringing up bullshit from the Heritage Foundation. It's always bullshit.

Let me answer a couple of the most obvious.

Fact: Tax revenues are above the historical average, even after the tax cuts.
Because states had to raise taxes to make up for what was lost. And the Federal government had to step in and help Red State which is why the deficit grew. Duh!

Fact: Nearly all of the 2006 budget deficit resulted from additional spending above the baseline.
Hello, two unpaid for wars and deficit creation. Duh!

Fact: It assumes replenishment of some but not necessarily all lost revenues.
What does that even mean?

Fact: Capital gains tax revenues doubled following the 2003 tax cut.
70% of any revenue went to the top 5% and 90% to the top 20%. Remember? That's how the GOP measures "doing good".

Fact: The low-income tax cuts reduced revenues the most.
Yea, at least we know now for sure trickle down doesn't work.

Fact: Projections show that entitlement costs will dwarf the projected large revenue increases.
Well yea, screw up the economy by sending jobs to China and enormous tax cuts for the rich and that's what happens.

Fact: Pro-growth tax cuts support incentives for productive behavior.
Unless 90% goes to the top 5%. Then not so much.

Fact: The economy responded strongly to the 2003 tax cuts.
It sure did. By 2008, it turned to shit.

Fact: The rich are now shouldering even more of the income tax burden.
Why not? They got 90% of the tax cuts.

The most hilarious part of bullshit that comes from the Heritage Foundation is when they say:
FACT: Projections show...........
Hello, Projections aren't "fact".

Next time, I might go look stuff up, but this shit is so old, it's been debunked long ago.

Let's see, it's the Heritage Foundation versus some retard on a forum? Decisions decisions.

The rich getting 90% of the tax cuts, even if that were true, does not mean that aren't still paying most of the taxes. LOL.

Go find a playground, you're wasting our time.

Only a tard thinks the wealthy who don't need the money should be the ones getting the tax cuts. A simpering, drooling, brain dead and easily led tard.

Funny, it doesn't matter if it's Romney, Trump, Gates, Cuban or any other billionaire. It always seems their tax rate is 14% to zero. In fact, the only rich people I ever heard of that pays the full 34% are the Clintons. And they give 10% of their income away in to charity. Anyone can look at their tax returns. They are posted online since 2001 at least.

Clintons Paid $3.6 Million in Taxes in 2015

 

[rdean]

You would think that looking back, even the GOP base would understand how big of a disaster the Bush administration was. All of their enormous failures. How they damaged the country. They can't even name something positive from that horrible and failed administration.

Considering the enormity of the disaster, why is it they don't get it?

Total failure indeed. I'm not fond of the Bush/Clinton/Obama cartels for that matter

Bush ruined the economy. Obama tried to fix it except when Republicans were able to block him.

 

[pinqy]

The unemployment numbers are derived differently now to paint the admin in a nice light.

No, they're not. Where did you get that ridiculous idea?

Idiots refuse to acknowledge the part time jobs that have been added and not full time.

No, the idiots are those who only paid attention to the one or two months where full time jobs dropped or gains were less than part time. In reality:

And part time has just been moving up and down: