Quote:
Originally posted by strandinthewind
For example, Bill Clinton's Presidency ended with an economy fast approaching a recession.
|
The stock market only went to sh*t about three days after the supreme court ruling.
[/QUOTE] I mean economic theory dictates that tax cuts (at whatever level(s)) must and will stimulate the economy to some degree as will lowering interst rates. [/QUOTE]
Yes but these tax cuts aren't real. Bush's tax cuts have mainly shifted the burdens onto state and local governments. Ask anyone you know how much their property taxes have gone up in the last couple of years.