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To: usconservative

“If Laffer’s thesis about tax cuts is valid, why did the U.S. economy record the weakest period of economic expansion following the Bush tax cuts of 2001 and 2003?”

1. The BILLIONS of dollars of cost associated with the attacks of 9/11.

2. A 2 front war in the middle east.

3. Hurricane Katrina (and Ivin and several others in the early 2000s that devestated the Gulf Coast).

4. Doubling of oil prices.

5. Bailout of the banking scoundrels.

6. Being overun by illegal aliens.

Need I go on?


18 posted on 06/07/2010 8:00:17 PM PDT by Bryan24 (When in doubt, move to the right..........)
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To: Bryan24

Only if you haven’t covered everything. :-)


25 posted on 06/07/2010 8:05:48 PM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: Bryan24
why did the U.S. economy record the weakest period of economic expansion following the Bush tax cuts of 2001

7. Competition with Chinese slave labor companies

30 posted on 06/07/2010 8:11:10 PM PDT by alrea (Kagan has never been a judge and has minimal experience practicing law.)
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To: Bryan24
why did the U.S. economy record the weakest period of economic expansion following the Bush tax cuts of 2001

7. Competition with Chinese slave labor companies

44 posted on 06/07/2010 8:34:33 PM PDT by alrea (Kagan has never been a judge and has minimal experience practicing law.)
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