I notice they were extended at the end of 2010, when the Democrats had total control in Washington.
Obama could have eliminated those cuts. He could have eliminated only the cuts on the "rich."
He did neither.
Why?
"Potential revenues?" We already have "saved jobs." How many more theoretical statistics do we need?
The real numbers stand on their own.
How many years of near-trillion dollar deficits will it take to fix the "Bush era collapse?" So far Obama's budget has at least ten. The CBO estimates stop there. And those predictions assume ALL the Bush tax cuts will expire in 2013, including $230 billion a year in middle class tax cuts, and $40 billion a year for the "rich" Think that's going to happen?
How is a bubble created by trillion dollar deficits and infinite borrowing and printing any better than one created by the financial sector and the feds?
Flame » in reply to You think a few years of Obama sweeps the Bush era collapse under the rug?
I notice the Bush tax rates are still in place.
The whole thread (14 posts)
- National debt update
- Re: National debt update
- "Bush did it" isn't working any more.
- Re: "Bush did it" isn't working any more.
- You think a few years of Obama sweeps the Bush era collapse under the rug?
- "Bush did it" isn't working any more.
- Re: National debt update