This is awful. Some are saying that they Bush Tax Cuts cannot be continued because of the size of the deficits. It’s damned if you do, damned if you don’t. I’ll admit that Obama walked into a mess, but he’s made it many times worse.
“Some are saying that they Bush Tax Cuts cannot be continued because of the size of the deficits.”
Of course they are ignorant of the fact that although the tax rates were cut - revenues INCREASED!
The deficit isn’t the BIG problem - high taxes will ruin the economy. Obama (”stimulus” - stupid name for increasing gov’t spending) and Bush (”no child left behind” and homeland security and other idiotic increases in government) created this deficit which can fairly easily fixed by cutting the idiocy in government.