Rather than just acting like overly emotional liberals who in their frustration of being shown that
lowering taxes for ALL Americans benefitted our Nation's economy greatly (just like it did when Kennnedy, Reagan and now Bush 43 did it) and lashing out with personal attaks and childish name calling----Is it your thesis that raising taxes would actually have been better for the economy?
I didn't say anything in my personal opening statement of this thread about domestic spending --Bush' failure to veto some of that along with his position on illegal aliens and those who employ them are two of the biggest problems I have with his administration's policies.
However, given the fact that he (Bush 43) inheirited a recesion from Clinton, had war a major waged upon us by terrorists who murdered thousands of our innocent civillans and cost our economy thousands of jobs and billions of dollars and the fact that he had to deal with the biggest natural disaster in out Nation's history displacing hundreds of thousands of people from a major city and disrupting our refining capabilities it's actually
AMAZING that the economy is doing as good as it is right now--the tax cuts have been an important aspect of making that an undeniable reality. Actually if Katrina hadn't happened and al Queda never attacked us we probably be running big surplus' right now.
Everone on this forum talks about how great things were while Clinton was in office--thae fact is we have a lower unemployment rate right now than we did during the average of the 70's, 80's OR 90's.
Bill Clinton didn't stimulate the economy (maybe just a few chubby interns :p ) He just happened to be sitting in the drivers seat when the DOT COM boom, fiber optics, tele-communication all went through the roof and took the estock market with it. The way you can illustate that it wasn't Clinton's policies that grew the economy is because after the DOT COM BUST happened we went into a recesion and treasury revenues fell of sharply. If it was Clinton and not sheer luck of beiong in the right place at the right time the economy would have continued on at the same pace.
The stock market is actually much more strong and realistically priced right now (not artificially over-inflated like it was under Clinton~not that that was his fault.
Americans who own their own home is now at an ALL time high and if the new Fed chairman quits di#kin' around with the funds rate soon you'll see investors go wild and the DOW go over 12,000!!!
I know a lot of you hate Bush 43 and that's your right--but this economy id doing good and that's undeniable.