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<blockquote data-quote="The Other Side" data-source="post: 993346" data-attributes="member: 17969">Re: ObamanomicsAre you proposing that the BUSH tax cuts did not increase the deficit in either BUSH&#039;s term or OBAMAS term?&nbsp; Surely you couldnt be this foolish, right?<a href="http://www.cbsnews.com/2100-3460_162-20078242.html" target="_blank">The role of Bush tax cuts in the deficit - CBS News</a>BUSH DECREASED revenues with his tax cuts and placed this country into a freefall in deficits.&nbsp; Leaving 10.7 trillion dollars in debt, and with all the hooting and hollaring of the GOP in november 2010, those same disastrous tax cuts added another 3.7 trillion to that debt raising the total to almost 14 trillion dollars.Now the GOP wants those tax cuts extended again, and that alone will add another 3 trillion dollars to the deficit taking it to 18 trillion dollars.OBAMA wants to only extend the tax cuts for those making under 250K, everyone else has to start ponying up.8 years of Reagans cuts cost this country 3.5 trillion in debt (first time in history) and 8 years of BUSH following the the Reagan plan cost this country 10.7 trillion, now you would have us believe that extending those same tax cuts will save this nation?There isnt one shred of evidence that those tax cuts increase jobs or revenues despite the claims of the GOP.Reagan didnt create crap.&nbsp; He increased EMPLOYMENT by HIRING PUBLIC EMPLOYEES and NOT private sector jobs.&nbsp; In every year he was in office, he INCREASED PUBLIC EMPLOYEES and so far, in every year, OBAMA has DECREASED PUBLIC employees.There is a big difference.Tax cuts have hurt this country long enough.PeaceTOS</blockquote>

[QUOTE="The Other Side, post: 993346, member: 17969"] [b]Re: Obamanomics[/b] Are you proposing that the BUSH tax cuts did not increase the deficit in either BUSH's term or OBAMAS term? Surely you couldnt be this foolish, right? [url=http://www.cbsnews.com/2100-3460_162-20078242.html]The role of Bush tax cuts in the deficit - CBS News[/url] BUSH DECREASED revenues with his tax cuts and placed this country into a freefall in deficits. Leaving 10.7 trillion dollars in debt, and with all the hooting and hollaring of the GOP in november 2010, those same disastrous tax cuts added another 3.7 trillion to that debt raising the total to almost 14 trillion dollars. Now the GOP wants those tax cuts extended again, and that alone will add another 3 trillion dollars to the deficit taking it to 18 trillion dollars. OBAMA wants to only extend the tax cuts for those making under 250K, everyone else has to start ponying up. 8 years of Reagans cuts cost this country 3.5 trillion in debt (first time in history) and 8 years of BUSH following the the Reagan plan cost this country 10.7 trillion, now you would have us believe that extending those same tax cuts will save this nation? There isnt one shred of evidence that those tax cuts increase jobs or revenues despite the claims of the GOP. Reagan didnt create crap. He increased EMPLOYMENT by HIRING PUBLIC EMPLOYEES and NOT private sector jobs. In every year he was in office, he INCREASED PUBLIC EMPLOYEES and so far, in every year, OBAMA has DECREASED PUBLIC employees. There is a big difference. Tax cuts have hurt this country long enough. Peace TOS [/QUOTE]

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