Quote:
Originally posted by Tyrone Slothrop
Cite, please, for the proposition that Clinton was able to balance the budget only because of some kind of bubble. The real bubble was in the stock market, not in the federal budget. And it would look like less of a bubble if Bush had tried to enact fiscal policies to help the economy instead massive tax cuts for the rich. See Jesse Helms' quote.
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Honest question. Do you not see the argument that the tax cuts were necessary to offset the effects of (a) the recession (which started anywhere from 1/01 to 3/01), (b) 9/11, (c) the collapse of the capital markets due to multiple financial scandles, and (d) 2 wars?