Times are different now than in Reagans term. We now have a global economy, and tax cuts do not create american jobs, they just create demand for asian products, and thus create asian jobs.
A jobless recovery will not get rid of the deficit today, because people that lost their jobs to asian and communist chinese, do not pay taxes.
In a global economy the free traders must push for increased taxes to be paid by those who still have jobs - it is the only way to balance the budget in the free trade economy that they want.
Until then, conservatives will NOT forgive bush for having trillion dollar deficits, that is not conservative.
We need to start to live in our means.
"Until then, conservatives will NOT forgive bush for having trillion dollar deficits, that is not conservative."
You wake me when we have a trillion dollar deficit. We're a long way away from there. This year, we had a $345 billion deficit. I'm sure we'll hit one eventually but it won't be under G.W.
And in Regan's time, the worry was jobs going to the Japanese, so I guess I don't understand what your point is. People that lost their jobs to the large Japanese companies didn't pay taxes either. Yet the tax cuts worked then.