swag

L'autista
Administrator
Sep 23, 2003
84,779
Can a math wizard out there explain to me why continuing the "Bush Tax cuts" from 2001 is considered a "boost" to the economy when it's had 9 years to give us, well, such a massive boost to begin with?
 

Bjerknes

"Top Economist"
Mar 16, 2004
116,146
Can a math wizard out there explain to me why continuing the "Bush Tax cuts" from 2001 is considered a "boost" to the economy when it's had 9 years to give us, well, such a massive boost to begin with?
The issue was credit expansion, and now the issue is debt, both consumer and governmental. So in theory, raising taxes would have been an excuse for the government to spend even more, which would probably create more problems.

Besides, not extending the Bush tax cuts would hardly put a single ding in the deficits we've run up. So this whole argument is yet another distraction with the bankers laughing all the way to the... well, you guessed it.
 

Lorena

Senior Member
Dec 11, 2010
1,366
Ohhh I just woke up and I already need to go vakuum,cook lunch,study,clean my room and take my dog for a walk :cry:
But first, have you seen how Elia was awesome yesterday? He would be a nice Christmas gift from Marotta :D
 

swag

L'autista
Administrator
Sep 23, 2003
84,779
The issue was credit expansion, and now the issue is debt, both consumer and governmental. So in theory, raising taxes would have been an excuse for the government to spend even more, which would probably create more problems.

Besides, not extending the Bush tax cuts would hardly put a single ding in the deficits we've run up. So this whole argument is yet another distraction with the bankers laughing all the way to the... well, you guessed it.
Oh, it is all show over a small deal. But to call leaving a 9-year-old program in place "a boost" to the economy is disingenuous.

dude did you see the new taurus
Probably the last phrase I would ever expect to come out of Deneb.
 

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