The Bush tax cuts were sold as economic stimulus. We ended up with the worst recession in 80 years.
Yeah, THAT'S what caused the recession. LMFAO.
The Bush tax cuts were sold as economic stimulus. We ended up with the worst recession in 80 years.
Anyone with a brain knows tax cuts aren't intended for economic stimulus and don't do anything to improve any important indicators of economic well-being for the majority of Americans. Their sole purpose is to help the rich get richer, concentrate more power in their hands, and let them accumulate even more wealth to sit on while inequality and financial insecurity for ordinary Americans worsens. It's a naked power grab, plain and simple.
Wut. That's ridiculous. Tax cuts shouldn't be coupled with expanding the debt, but to say they aren't designed to have a positive economic effect or that they literally don't do anything to improve Americans' economic well-being is insane.