To: Moonman62
"I dont know why people cant accept that W is a bad president when it comes to economics." The Bush tax cuts of 2003 caused federal revenue to grow from $1.7 trillion per year to $2.5 trillion in 2006. That's 47% growth. And that is good. The sub prime situation is not Bush's fault. It's the fault of idiots trying to live in homes they cannot afford.
60 posted on
04/14/2008 1:43:40 PM PDT by
avacado
To: avacado
Right... even more so, the fact that the banks were pressured to provide loans to illegals and other wholly unqualified folks greatly exacerbated things.
76 posted on
04/14/2008 2:13:40 PM PDT by
NYC Republican
(John McCain- Snatching Defeat from the Jaws of Victory...)
To: avacado
The Bush tax cuts of 2003 caused federal revenue to grow from $1.7 trillion per year to $2.5 trillion in 2006. That's 47% growth. How much did the government grow during that time? The revenue increases were largely due to government spending, and industries where there were bubbles.
84 posted on
04/14/2008 2:20:46 PM PDT by
Moonman62
(The issue of whether cheap labor makes America great should have been settled by the Civil War.)
To: avacado
He spent every penny of it. And more.
118 posted on
04/15/2008 5:25:14 AM PDT by
Doohickey
("We cannot insure victory, but we can deserve it" - John Adams)
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