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Is continuing the Bush tax cuts hurting the economy?

Mopeder 2012/06/13 10:38:49
Related Topics: Tax Cuts, Economy, Bush, Tax
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  • GuruA2J... Anonymo... 2012/06/15 22:51:07
    GuruA2J~#IOKIYAR~618 BLOCKT
    Some of us never wanted to be rich. We simply wanted to live comfortably. We saw the kidnapping of rich people's kids & never wanted to go thru what they went thru.
  • Anonymo... GuruA2J... 2012/06/15 23:00:53
    Anonymouse BN-0 ~bibbityboo~
    But super rich people only get rich because they're greedy. Just being well off doesn't make you greedy, but selfless people don't get rich.
  • angie45 2012/06/13 17:45:47
    Yes
    angie45
    +2
    i think so
  • johnnyg 2012/06/13 17:38:29
    No
    johnnyg
    +1
    We need more tax cuts.
  • frank 2012/06/13 17:35:20
    No
    frank
    +2
    Ending the tax cuts will hurt the country, lesson to Bill Clinton
  • ALofRI frank 2012/06/13 21:10:37
    ALofRI
    +1
    Starting the tax cuts never helped the country. Bill Clinton did VERY well without them. We never got into REAL trouble until Bush initiated them. Your logic is illogical.
  • fudge35 frank 2012/06/13 23:13:07
    fudge35
    +2
    Bill Clinton raised taxes on the wealthy, and 27 million jobs were created during his 8 years!!
  • findthe... frank 2012/06/14 09:02:11 (edited)
    findthelight2000
    +2
    The right-wing media took Clinton's comment out of context, he said that it would only hurt the economy if it raised taxes on the middle class.
  • C-ZAR™, Emperor of the PHÆT 2012/06/13 17:08:20
    Yes
    C-ZAR™, Emperor of the PHÆT
    +3
    Yes they are
  • Gary 2012/06/13 17:04:24
    Yes
    Gary
    +4
    Well if your a working family sure did make it worse. now if your in the 1% bracket then hey lets keep Bush's taxes cuts. Then there are people who like to scare people saying
    if we get rid of bush tax's cuts then everybody is going to go up.
    First of all if Bush would have kept his hands of off the surplus this whole country would be better off. Now all of a sudden there are people saying everybody else will go up well if Republicans get their way and Romney gets in you will be paying more taxes then you have ever paid before and guys like Romney will get a even bigger tax's cut.
  • luvguins 2012/06/13 16:55:52
    Yes
    luvguins
    +5
    Oh yeah, Bush's rates were going to create jobs just like Wrongmey is now saying. How many did Bush create? 3 million to 23 million for Clinton's tax rates. A boost in the rates could pay down the interest on Bush's 3 trillion deficit, and the Reaganomics which have never worked except to enrich the rich more.
  • Tea in the Harbor 2012/06/13 16:36:38
    Yes
    Tea in the Harbor
    +11
    They're responsible for over half of the debt Obama gets blamed for.
  • GuruA2J... Tea in ... 2012/06/13 18:23:20
    GuruA2J~#IOKIYAR~618 BLOCKT
    +2
    That's for sure Tea. We're the only ones who are willing to go on the record for it though.
  • keeper 2012/06/13 16:28:33 (edited)
    No
    keeper
    +2
    It is helping by allowing more people to keep the money they earn...
    Too bad this author decided to block me... some people can't handle the truth!
  • Gary keeper 2012/06/13 17:09:19
    Gary
    +3
    Helping people keep the money they earn is as far away from the truth as it gets.
    This did just the oppsite it took money away from people big time and worse it
    caused the biggest debt and thousands of jobs.
  • ALofRI keeper 2012/06/13 21:15:07
    ALofRI
    The problem is, there are too many who can't earn money to keep! No money, no purchasing, no flourishing economy!
  • TrudyGirl 2012/06/13 16:23:46
    Yes
    TrudyGirl
    +6
    Just speeding up the feudal state that the wealthy want. Keep on paying your taxes while the rich keep on NOT PAYING and you will see where we end up.
  • Carol 2012/06/13 15:56:16
    Yes
    Carol
    +3
    Yes and yes.
  • dallasjoe 2012/06/13 15:54:36
    Yes
    dallasjoe
    +5
    The debts that they are running up are killing the couthry
  • Ron 2012/06/13 15:47:58
    Yes
    Ron
    +5
    Definitely, particularly with the high unemployment rate. The Bush tax cuts have taken much needed revenue and helped increase the deficit.
  • ALofRI Ron 2012/06/13 21:16:38
    ALofRI
    But .....LOOK AT ALL THE JOBS THEY CREATED....in China!
  • Live Free Or Die 2012/06/13 15:47:42
    Yes
    Live Free Or Die
    +5
    Continuing the Bush tax cuts has not helped, for sure. It's like ordering a steak dinner and a martini and then leaving the tab for the next guy to deal with.
  • ehrhornp 2012/06/13 15:40:24
    Yes
    ehrhornp
    +6
    Along with the funding of huge prison and military industrial complexes. Stupidity to the max.
  • umapathy Krishnamurthy 2012/06/13 15:31:46
    Yes
    umapathy Krishnamurthy
    +4
    I think so
  • Kane Fernau 2012/06/13 15:18:59 (edited)
    No
    Kane Fernau
    +4
    Obamanomics: Americans lost 40% of their wealth under Obama
  • Live Fr... Kane Fe... 2012/06/13 15:49:27
    Live Free Or Die
    +7
    Republicanomics, as they have been the ones controlling the purse strings in Congress, not the President.
  • Kane Fe... Live Fr... 2012/06/13 16:58:30
    Kane Fernau
    +2
    ???? Democrats have controlled Congress since 07. nice try though.
  • Live Fr... Kane Fe... 2012/06/13 17:40:46 (edited)
    Live Free Or Die
    +2
    Sorry, but Republicans have controlled the House for 2 years now where they are the majority, and there isn't a super majority of Democrats in the senate. nice try though. Republicans dominated for the past two years. They are RESPONSIBLE as well, no matter how much you try to deflect that reality.

    Let's also not forget the 8 years before '07, for which they are also RESPONSIBLE.
  • Kane Fe... Live Fr... 2012/06/13 17:46:03
    Kane Fernau
    +1
    They took control of the House Jan. 2011. 2 years??? Can the House pass a bill without the Senate or President? NO! January 3rd, 2007 was the day the Democrats took over the Senate and the Congress. At the time:

    The DOW Jones closed at 12,621.77 The GDP for the previous quarter was 3.5% The Unemployment rate was 4.6%

    George Bush's Economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB GROWTH Remember the day...

    January 3rd, 2007 was the day that Barney Frank took over the House Financial Services Committee and Chris Dodd took over the Senate Banking Committee.

    The economic meltdown that happened 15 months later was in what part of the economy? BANKING AND FINANCIAL SERVICES!
  • Live Fr... Kane Fe... 2012/06/13 17:56:59
    Live Free Or Die
    +3
    Right, it's been almost two years and they are responsible for that time, as well as the time they spent filibustering and obstructing everything coming down the pike.

    You must be reading something that isn't true, as we were bleeding hundreds and thousands of jobs by 2008-2009.

    Also, I would tend to think that Republicans had their hand in stopping any policies or watering them down that actually curbed the financial abuses. I don't have proof of this though, so I'll take your assertion that Barney Franks is responsible. That being said, I tend to think it wasn't just the housing crash that caused the financial meltdown, but the off-the books wars of GW Bush's, one of which was necessary by many accounts and the other completely illegal and which costs billions in money, not to mention the blood spilled.

    In typical GOP fashion, I'm sure you blame the banking crisis on the President, like the others. You do not look at history. You look to the present without seeing the things that caused it.
  • Kane Fe... Live Fr... 2012/06/13 18:18:57
    Kane Fernau
    +1
    Obama says the economy is fine. It's government that needs help.
  • Live Fr... Kane Fe... 2012/06/13 18:23:47
    Live Free Or Die
    And yet you ignore all the hundreds of times Obama has said the economy is not fine....Why?

    The government does need help, but the Republicans insist that "government cannot create jobs" .... so which one is it?

    To people who need a job, any job will do - including a "government" job - it's still a job.
  • Kane Fe... Live Fr... 2012/06/13 19:06:02 (edited)
    Kane Fernau
    +1
    Obama only wants to create union jobs. Obama took control of GM and Chrysler to save the Unions. GM and Chrysler would be better off today if they had filed bankruptcy but Obama couldn't let that happen because union contracts would be null and void. Obama put everything on recalling Governor Walker but the American people won and unions and democrats lost. Even FDR was against public sector unions. We need the RIGHT TO WORK!. The only thing Obama says about his ECONOMIC failure is " IT'S BUSH'S FAULT".
  • Live Fr... Kane Fe... 2012/06/13 19:13:42
    Live Free Or Die
    Your first three or four sentences are just accusations, nothing proven.

    But I will say he has pointed the finger at Bush, but mostly the Republicans NOW. I can understand you don't want to hear about Bush, but NOW does matter and the fact of the matter is Republicans should be held accountable. So long as they point to the President for their failed policies, they should expect a finger pointing right back at them.
  • Live Fr... Kane Fe... 2012/06/13 19:22:46
    Live Free Or Die
    p.s. you didn't answer my question.....you hang on to one statement and ignore the hundreds of times he has said the economy is not fine.

    Interesting.....and now you won't answer Kane, why?
  • ALofRI Kane Fe... 2012/06/13 21:26:17
    ALofRI
    +1
    No, he NEVER said that....except on FOX N...Never mind, THAT "N" word just doesn't fit!
  • GuruA2J... Live Fr... 2012/06/13 18:26:57
  • Live Fr... GuruA2J... 2012/06/13 18:46:56
  • ALofRI Kane Fe... 2012/06/13 21:24:02
    ALofRI
    Republicans have set the bar so high that even a Democratic majority can't get a bill through! Democrats never had 60 votes, Republicans filibuster to force 60 votes! Not only that but, Republicans are running as Democrats in districts where there are enough "conservative Democrats", become Republicans in Democrats clothing and vote against every bill Dems. try to get through! Every dirty trick in the book (along with voter suppression!) NO, Democrats NEVER had a majority...except on paper! If they did, this country would be showing the world how to do it!
  • dallasjoe Kane Fe... 2012/06/13 15:57:29
    dallasjoe
    +7
    No the lost was in the Real Estate Bubble the report was that the American public was at the same place as they were in 1992 most of the loses were due to realestate and 401K and the crash happene when in Sept 2008 and who was living in the White House then ? Take blame if you want to accept the credit

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