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The Bushco Clusterfuck & "The Magical Pony"

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kpete Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-30-11 11:45 AM
Original message
The Bushco Clusterfuck & "The Magical Pony"
Edited on Wed Mar-30-11 11:47 AM by kpete
While states have destroyed themselves gifting money to their richest, don't forget George W. Bush's contributions at the national level:

There is no evidence that perpetual tax cuts stimulate any economies. Instead, GOP-fueled cuts end up decimating the kinds of assets that do attract businesses -- an educated workforce, infrastructure, and quality of life features (like parks and cultural facilities) that attract top talent. There's a reason that places like NYC and the SF Bay Area continue to attract new businesses despite their high taxes. A top-notch business environment costs money to maintain.

Republicans cut taxes in pursuit of their magical pony, decimating state budgets as they prattle on about "fiscal responsibility". The end result? Red ink as far as the eye can see, and economies further in the gutter.

more: http://www.dailykos.com/story/2011/03/30/961357/-The-fallacy-that-tax-cuts-stimulate-economies

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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-30-11 11:59 AM
Response to Original message
1. recommend
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Uncle Joe Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-30-11 12:05 PM
Response to Original message
2. Kicked and recommended.
Thanks for the thread, kpete.
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kpete Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-30-11 12:07 PM
Response to Reply #2
3. computer
is acting up - i am pulling my hair out,
ommmmmmmmmmmmmmmmm
peace, kpete
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Uncle Joe Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-30-11 12:28 PM
Response to Reply #3
4. From time to time, I've googled DU for a Skittle pooping Unicorn pic, but had no luck with it, so
Edited on Wed Mar-30-11 12:50 PM by Uncle Joe
I'm bookmarking this thread.

I hope your computer straightens out.
Peace to you, Uncle Joe.
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kpete Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-30-11 01:20 PM
Response to Reply #4
8. its a keeper allright...
and a constipated unicorn pic at that...

peace Uncle Joe,
kpete
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Laxman Donating Member (122 posts) Send PM | Profile | Ignore Wed Mar-30-11 01:42 PM
Response to Reply #8
10. Not Just Pooping Marshmallows...
It's the green clovers and yellow stars from Lucky Charms!
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Romulox Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-30-11 12:35 PM
Response to Original message
5. How come the Obama tax cuts for the rich aren't mentioned?
:shrug:
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starroute Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-30-11 12:57 PM
Response to Reply #5
6. Because they're just an extension of the Bush tax cuts for the rich?
Extending them sucks, but it doesn't add anything to the deficit that wasn't there before.

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Romulox Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-30-11 12:59 PM
Response to Reply #6
7. That seems like a flimsy rationalization to me.
If the Bush tax cuts add to the deficit, then so do the Obama tax cuts.

"(J)ust an extension" is not legitimate argument, in my opinion. It's a mere deflection.
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Uncle Joe Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-30-11 01:38 PM
Response to Reply #7
9. Perhaps because the chart is focused on "legacy" and Obama's legacy is still being written, so long
as he's President, his course can be altered.
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