Faun
Diamond Member
- Nov 14, 2011
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Very good information. Appreciate it as it helps explain some reticence to add to government bureaucracy that Bush detested.
One point many people are unaware of is the other 2 components of the Medicare Modernization Act of 2003 that most people think is the Part D component.
But MMA reduced Medicare contractors from over 500 distinct Medicare claim paying entities to less then 50. This saved a lot of waste in Medicare.
As I've said frequently GWB was very busy trying to rebuild the economy in the midst of a recession that had its start in 2000.
As I and others have pointed out turning an economy that is trending down is like turning an oil tanker or aircraft. You don't just make a right turn.. it takes miles and hours.
And so one of the first efforts was STIMULATING the economy by reducing the amount of money tax payers took OUT of the economy! In addition GWB saw how wasteful
500+ distinct claim processing contractors could be reduced and that effort was started.
But Bush Bashers being totally ignorant of these efforts to
A) Reduce government expenditures
B) Increase government revenues by reducing tax payments...
These are the facts folks and considering the 4 external extreme, earth shaking events that cost over $8 trillion, nearly 3 million jobs... destroyed businesses that paid taxes..
THAT"S why I've said GWB will be considered one of the GREATEST Presidents from the 50s to to 2016... my lifetime!!!
Speaking of links .... don't you owe a link showing Bush touting a recession as the reason for his tax cuts, which was your claim?
Here's a lefty link.
President George Bush Tax Cuts Facts
I wasn't aware that about.com is a "lefty" website. How so?
At any rate, that doesn't address what healthmyths said.
The link you offer is the opinion of the author of the article you linked. Not that she's not qualified, but that's not a response to healthmyths' claim
healthmyths said... "Don't you guys think for one minute when Bush took office WHY tax cuts were immediately in the offering? They knew a recession was coming!"
So I'd like to see evidence that Bush cited the recession for why he gave tax cuts; since the reason Bush actually gave was the surplus, not a recession.