QOD

Filed in National by on February 2, 2009

Weren’t Bush’s tax cuts supposed to have already stimulated the economy and avoided this?

About the Author ()

hiding in the open

Comments (7)

Trackback URL | Comments RSS Feed

  1. Brian Shields says:
    February 2, 2009 at 8:38 pm

    LOL, imagine if they hadn’t!

  2. Rebuild the Delaware GOP says:
    February 2, 2009 at 9:59 pm

    Yes, they did the job as advertised.

    The enhanced child care credit, lower tax rate and capital gains incentives were very well timed.

  3. caped crusader says:
    February 2, 2009 at 11:07 pm

    Mike, You kind of remind me of Baghdad Bob.

  4. Truth Teller says:
    February 2, 2009 at 11:17 pm

    Hey Mike P get your head out of your ass if they worked we wouldn’t be in the mess we are today

  5. Dana says:
    February 3, 2009 at 7:54 am

    Let’s assume that our esteemed host was asking a serious question here, and wondering why tax cuts didn’t stimulate the economy, or at least did not do so as much as people might have thought they would.

    Now, if pumping that money back into the economy, and “paying” for it with increased borrowing did not have the effect we’d like, why would you think that borrowing an additional $819 billion to pump the money into such job creating projects as an additional $50 million for the National Endowment for thr Arts would stimulate the economy? How will spending $2.4 billion on “carbon capture demonstration projects” help to end the recession? How will an additional $1 billion for Amtrak, which has never and will never make a dime on its own, going to stimulate the economy?

  6. Von Cracker says:
    February 3, 2009 at 10:22 am

    Every time you say the word “stimulate”, Bush snickers — heh heh.

  7. anon says:
    February 3, 2009 at 10:30 am

    Bush’s spending and tax cuts were not “pumped” to the right people. It was like trying to put out a fire in the living room by filling the kitchen up with water.

    To be considered “stimulus” the money has to pass through a lot of hands. Bush’s spending and tax cuts were directed to a small group of people, on the (supposed) theory that they would then invest it and create wealth and free unicorns for everybody else. It didn’t work.

«
»