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Post# of 483558
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PegnVA

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PegnVA

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Re: wall_street61 post# 181934

Wednesday, 08/15/2012 12:33:10 PM

Wednesday, August 15, 2012 12:33:10 PM

Post# of 483558
Discussing GWB's 2 tax cuts in a vacuum is probably not relevant to how we got to where we are today...tax cuts were issued WHILE GWB was borrowing from China to keep the cost of 2 wars off the books; add to that, tax cuts were in effect WHILE an unfunded prescrip drug bill was passed.
Although a discussion of tax cuts in relation to gov't collections before/after 9/11 is interesting, unless we take into account gov't spending at the same time, tax cuts in/of themselves are irrelevant to how we got to where we are today.

Your thoughts?

"If you don't think too good, don't think too much"
-Ted Williams

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