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To: Moonman62
"I don’t know why people can’t 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
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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...)
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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.)
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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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