Friday, May 4, 2012

Ah, For The Good Old Days After Bush II's Tax Cuts!

Don't you all long for the good old days created by Bush II's tax cuts? Remember what happened after the majority (80%) of his tax cuts were implemented at the end of May 2003? One month later the unemployment rate peaked out at 6.3% and began a steady decline in only 3 1/2 years to 'Clinton levels' of 4.4%. And only three or four months after Bush II's tax cuts cut in, federal revenue began a steady climb to a record(!) $2.6 Trillion (also in only 3 1/2 years), some 30% higher than achieved under Clinton for the same unemployment rate?

Of course The Left loves to fallaciously tie the 2008 economic problem to those Bush tax cuts and policies in spite of the fact(!) that they had nothing to do with it and in spite of the fact(!) that his tax cuts helped both unemployment and federal revenue until something totally unrelated cratered the economy. Remember that the 2008 collapse was triggered instead by the sub-prime mess that had nothing whatsoever to do with Bush tax cuts or policies? I'm sure those drinking The Left's Kool-Aid still choose(!) not to remember those inconvenient facts but that's what actually happened for those of you who 'can handle the truth'.

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