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Originally Posted by stevo
We had a nice little debate here until you started blaming the Right for all the governments financial problems.
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If the shoe fits. . .
Look at the debt. Look at the deficit. Look at how much we're spending. Look at how many times they've had to raise the debt ceiling (hint: 3 times in 3 years). Look at the fact that they've spent beyond the debt ceiling even though it's illegal.
Blaming the right for the financial problems is pretty logical.
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Its funny that you keep taling about how the republicans aren't doing it right and aren't increasing the tax base. If thats true, then why were tax revenues up when tax rates fell these last 2 years?
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Because the GDP went up and we collected taxes on it. The GDP went up due to lowered interest rates (that would be Greenspan, not Bush) and the war, which always stimulates the economy. But the tax cuts to the wealthy means the middle class and poor are shouldering a disproportionate amount of the tax burden. That's simply not sustainable.
So what we have is a weak economic recovery which will be followed by a long term, painful period of crappy economic growth coupled by us eventually having to face the massive debts that Bush has racked up.