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Old 03-06-2008, 04:12 PM
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Default The Tax Cuts Are Working

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Old 03-06-2008, 04:14 PM
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Default Any One Happy?

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Old 03-06-2008, 04:18 PM
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Those things have nothing to do with tax breaks. Likewise, raising taxes won't fix them.

Stop being stupid.
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Old 03-06-2008, 04:52 PM
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Those things have nothing to do with tax breaks. Likewise, raising taxes won't fix them.

Stop being stupid.
Explain please
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Old 03-06-2008, 05:53 PM
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BillyBob is right: they are not related.

The tax cuts brought us out of the recession that was handed us back in early 2001 and has led to unprecedented growth during the past 7 years.
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Old 03-06-2008, 06:12 PM
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Originally Posted by JP5 View Post
BillyBob is right: they are not related.

The tax cuts brought us out of the recession that was handed us back in early 2001 and has led to unprecedented growth during the past 7 years.
So George Bush is responsible for getting us out of a recession but isn't responsible for us going back into one? And if by unprecedented you mean mediocre and shaky growth then you are correct.


The Republicans version of economic history starting with Carter:

1. Jimmy Carter caused stagflation, the Fed's poor response and record oil prices were also Jimmy's fault
2. Reagan's strong tax breaks and fiscal conservatism saved us from Jimmy Carter
3. The sluggish economy under HW Bush was an aftershock from Jimmy 8 years earlier
4. The multitude of records set under Clinton were the result of Reagan and Bush's policies
5. W Bush's recession was caused by Clinton's policies and the Dems failure to prevent 9/11.
6. The current sluggish economy was caused by Clinton's policies from 7 years ago.


Did I miss anything?
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Old 03-07-2008, 05:12 AM
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Originally Posted by Mack View Post
So George Bush is responsible for getting us out of a recession but isn't responsible for us going back into one? And if by unprecedented you mean mediocre and shaky growth then you are correct.


The Republicans version of economic history starting with Carter:

1. Jimmy Carter caused stagflation, the Fed's poor response and record oil prices were also Jimmy's fault
2. Reagan's strong tax breaks and fiscal conservatism saved us from Jimmy Carter
3. The sluggish economy under HW Bush was an aftershock from Jimmy 8 years earlier
4. The multitude of records set under Clinton were the result of Reagan and Bush's policies
5. W Bush's recession was caused by Clinton's policies and the Dems failure to prevent 9/11.
6. The current sluggish economy was caused by Clinton's policies from 7 years ago.


Did I miss anything?
Yea that is pretty much it. Although for #6 I imagine they will find a way to blame the new Democratic majority in Congress.

Ixtellor

P.S. Is is possible the President has very little control over the economy?
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Old 03-07-2008, 05:15 AM
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Originally Posted by Ixtellor View Post
P.S. Is is possible the President has very little control over the economy?
I tend to think we are often not much different from premodern African tribes who ascribe the success of the tribe and natural circumstances to their spiritual king... who pretty much does nothing but gets either worshipped or killed depending how it goes.
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Old 03-07-2008, 05:19 AM
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I tend to think we are often not much different from premodern African tribes who ascribe the success of the tribe and natural circumstances to their spiritual king... who pretty much does nothing but gets either worshipped or killed depending how it goes.
Aside from a few anomolies that are easily explained, there is virtually a 100%correlation between the state of the economy and the reelection or ouster of the party in power.

Economy = good = party stays in power
Economy = bad = change parties

Ixtellor
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Old 03-07-2008, 05:21 AM
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Quote:
Originally Posted by Ixtellor View Post
Aside from a few anomolies that are easily explained, there is virtually a 100%correlation between the state of the economy and the reelection or ouster of the party in power.

Economy = good = party stays in power
Economy = bad = change parties

Ixtellor
That explains why politics is becoming more and more a game of hot potato.
"We need to keep 'stimulating' the economy by whatever means necessary. Eventually it'll blow up, but hopefully we can blame it on the other guys!"
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