Quote:
Originally Posted by stekim
Yes.
No it didn't. The tax cuts did. $300-$800 per person is simply too little money to stimulate a multi-trillion economy. It's literally impossible. You may get stimulation for the one single day it will take for those people to spend the money, then it's right back to what it was before they got the check. It's stupid.
Keep in mind the GOP had 6 whole years to reverse that. Yet oddly, they didn't even SUGGEST it, let alone do it. Shocking to hear, I know. Face it, they aren't any better. You want them to be. You may even need them to be. But they simply aren't.
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I agree a long term permanent tax cut is better. But that takes some time. The checks are an immediate stimulus and that's where their benefit comes in.
As far as the GOP having had 6 years to reverse the Clinton tax on SS benefits; they did. Their bill passed in both the House and the Senate (by one vote), but Clinton vetoed the bill in Sept of 1999. So sorry.....but you cannot blame the tax we endure on our SS benefits on ANYONE BUT BILL CLINTON.