Monday, July 25, 2011

The Irrationality Of Dismissing Republicans' Approach To Things

Six weeks after 80% of Bush's tax cuts for the rich cut in (May 28, 2003), the unemployment rate turned around and headed steadily downward to a Clinton level of 4.4%. About two months after that federal revenue turned around and increased steadily to a record $2.5 Trillion. I'd call those basically immediate and significant results. Historical records prove it worked. Or do you prefer ignoring actual facts?

We're now two years past Obama's fixes for our economic troubles and where are we? Unemployment high and going up. Still low federal revenue compared with the months following Bush's fix. Which approach worked and which didn't? According to actual data/facts?

Republicans created $3 Trillion of debt under Bush. So how come Republicans get the blame for our current debt of $14.3 Trillion.

If results matter, how is the Obama presidency working out for you?

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