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And Another Bush Jr and Republican Gift

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affrayer Donating Member (261 posts) Send PM | Profile | Ignore Fri Jan-07-11 01:45 PM
Original message
And Another Bush Jr and Republican Gift
Edited on Fri Jan-07-11 01:54 PM by affrayer
http://mediamatters.org/research/201101050026">But Experts Agree Deficit Result Of Bush-Era Policies, Wars, Economic Downturn

Let me break this down for you. Bush Jr's "economic stimulus" policies consisted of three items; tax cuts for the wealthy, unfunded wars in Iraq and Afghanistan and lastly his deregulation of the mortgage investment industry known as the "Ownership Society." Strangely enough those were also the causes of the record deficits as well.

This might give you an idea of the scope of the damage done by Bush Jr and the republicans.



Considering the causes of the down turn started in 2007, as the wars and mortgage crisis sapped the strength out of the economy, it is clear how we went from surpluses under Clinton to record deficits under Bush Jr.

So when some assclown republican claims they are going to "fix" America try not to laugh so hard you die from a heart attack.

BTW: Has anyone seen the "jobs" the tax cuts for the wealthy were supposed to create? Clinton raised taxes on the wealthy and created nearly 24 million jobs in eight years while Bush Jr cut taxes on the wealthy and created little more than 3 million jobs in eight years.

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SpiralHawk Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-07-11 01:57 PM
Response to Original message
1. "Smirk." - xCommander AWOL (R)
Edited on Fri Jan-07-11 01:58 PM by SpiralHawk
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SpiralHawk Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-07-11 01:59 PM
Response to Reply #1
2. "Sneer." - xVP Dickie 'Five-Military-Deferments' Cheney (R)
Edited on Fri Jan-07-11 02:00 PM by SpiralHawk
"We're republicons, so naturally we give ourselves a BIG FAT DEFERMENT from responsibility for our greed and fail. Sneer."

- xVP Dickie 'Five-Military-Deferments' Cheney (R)

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