InvestorsHub Logo
Followers 88
Posts 53017
Boards Moderated 0
Alias Born 04/13/2001

Re: trkyhntr post# 2217

Tuesday, 10/22/2002 5:20:07 PM

Tuesday, October 22, 2002 5:20:07 PM

Post# of 18297
Trkyhntr

Well let's see. Every year RR's budget proposal was larger than the one the Congress proposed to him. So during the "recession years" he spent more than he took in. Sure they argued over where the money should go but the size was encouraged by both. Billie and the NEWTWITS spent less than they took in.

Exactly how do you blame the democrats for that?

Or more importantly did any of it work?

RR cut taxes for everyone who made more than about $20,000. (those below that number paid more in Medicare than they saved in tax cuts) The result was not a booming economy. George the First raised taxes as did Billy. The result seemed to be a booming economy. George the Second cut taxes and the results so far are just plain problems. You can blame whomever and whatever you want, but can you honestly tell me any of this works.

Add to that the actions of the Federal Reserve Bank and then tell me exactly how this is economy is not "managed". And managed very poorly I might add.

Have Fun
Ergo Sum


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.