Thank you for the opening...
Paul O'Neill, George W. Bush's first Treasury Secretary -
60 Minutes
The president had promised to cut taxes, and he did. Within six months of taking office, he pushed a trillion dollars worth of tax cuts through Congress.
But O'Neill thought it should have been the end. After 9/11 and the war in Afghanistan, the budget deficit was growing. So at a meeting with the vice president after the mid-term elections in 2002, O'Neill argued against a second round of tax cuts.
"Cheney, at this moment, shows his hand," says Suskind. "He
says,
'You know, Paul, Reagan proved that deficits don't matter. We won the mid-term elections, this is our due.' Â… O'Neill is speechless."
"It was not just about not wanting the tax cut. It was about how to use the nation's resources to improve the condition of our society," says O'Neill. "And I thought the weight of working on Social Security and fundamental tax reform was a lot more important than a tax reduction."
So what ?
What is your point.
Cheney said it. So what ?
That is an opening. You needed someone to lead you to this ?
Your whole "if you can't dazzle them with brilliance then baffle them with bulls**t" approach is all to worn out.
The first time I heard that, I knew Cheney was wrong.
You are a tool. A locked up brain dead tool.
There was not a ******* PEEP from you right wingers when Reagan raised debt ceiling 18 times and George W. Bush raised it 7 times.
What we heard from you tools was parroting of what Cheney said.
AGAIN...
Where did our debt come from? When did massive debt become part of the American economy?
Reagan switched the federal government from what he critically called, a “tax and spend” policy, to a “borrow and spend” policy, where the government continued its heavy spending, but used borrowed money instead of tax revenue to pay the bills. The results were catastrophic. Although it had taken the United States more than 200 years to accumulate the first $1 trillion of national debt, it took only five years under Reagan to add the second one trillion dollars to the debt. By the end of the 12 years of the Reagan-Bush administrations, the national debt had quadrupled to $4 trillion!
And where was all this angst and concern about debt from conservatives when Bush and Republicans controlled the White House and both houses of Congress for almost a decade??? When Bush was starting a 3 trillion dollar war of ideology in Iraq, there was not a ******* PEEP from you right wingers, just cheers and 'bring 'em on'... And where was this less government mantra? You right wingers LOVED BIG government and government intervention into people lives... the Patriot Act, trashing habeas corpus, the Geneva Conventions and the US War Crimes Act.
And what was the concern in the Bush administration about debt and deficits? NONE...Bush's solution was to eliminate the voices of concern. He FIRED Paul O'Neill.