Which is a correlation you are mistaking for causation, and now now you sound like a conspiracy theorist.
And thus the continued repetition of the word "recession" even though ONE quarter of negative growth has not yet been realized.
You don't know that. Numbers get revised for months afterwards, and that's why it takes the NBER so long to declare whether we had a recession or not. What matters is we are in the middle of a significant economic slow down with very high energy and food costs thanks to poor economic leadership. Democrats are energized and Republicans are not because they are disappointed with the way Republicans have behaved under W's leadership.
Your only "proof" that Bush was "against" cap gains is Novak? Sheesh. Novak often gets stuff wrong in his "behind the scenes" gossip.
I don't care for Novak either, but there are other stories that confirm this particular story. Maybe you should come up with your own sources that show W originated and pushed for the capital gains tax cut in 2003.
May not have been his brain-child, of course, as many ideas he brings into being are conceived by those under him.
Nope, those under him, in particular Lawrence Lindsey opposed the cap gains cut, too. Members of Congress are not under W, and in this case they defied him.
But it was included in the bill Bush signed along with other tax cuts.
W's words were "put together a tax bill and I'll sign it." Which was no revelation since he signed everything that came out of Congress, and is another reason why he's been a poor president, but it did indicate that he gave up on his own tax plan without a cap gains tax cut.
The whole package worked to stimulate the economy for many, many quarters.
Yes, and we can thank Bill Thomas for that. W should also thank him for his second term.
LOL. That comment alone tells me how uninformed you are about the socialist/commie MO..the media and the leftist politicians continually collaborate to gain/maintain power.
They have twisted economic realities for over a century to demogogue the masses. I guess you are one of those who are easily taken in.
Friend, watch and see what happens between now and November. It will be an education for you.