kalm wrote:Col Hogan wrote:Cap, your first mistake is assuming all conservatives supported what Bush did...you're dead wrong on that one...
He did cut taxes...then tried (and pretty much succeeded) to outspend Democrats...hell, he grew government faster than the Democrats ever dreamed of doing...
0bama simply kept the Bush spending spree going and took it to a much higher level...and he wants to increase taxes...
Neither administration was/is correct...so to try and do a comparison as you have is simply wrong...
1/3 of the first stimulus was tax cuts. The fed has pumped $9 trillion to the banks. The Bush tax cuts were extended. The proposed jobs plan is more...wait for it tax cuts. Corporation's share of the tax burden has drpped 30 pts in the last 40 years. it ain't workin'.
Temporary and short term tax cuts are basically the equivalent of Bush's silly idea to write $500 checks to everyone as a one time measure. If you simply reduce taxes for a predetermined, preadvertised, short period of time, as both Obama's first and now second stimulus have done, while also promising to jack up taxes shortly thereafter, then all you've done is just write the check to everyone, just like Bush did. It's basically spinning your wheels withouth making any real, substantive change that could have a long term, positive impact. Not all tax cuts are really the same.