Shaquita Lashay » 11 Mar 2011 3:05 pm » wrote:
Meanwhile The Chosen One and Democrats are running a $1.6 trillion deficit and refusing to cut spending. Another lie, the president has put forth proposals for major cuts.Everytime a republican mentions the word "deficit" they look like such a fool b/c every single one of their heroes were for EXPLODING the deficitby pushing the Bush tax cuts for the rich to the tune of $3.9 trillion.$3.9 TRILLION.That's the name of that tune.
Not to annoy you with factual reality, but taxes weren't cut "for the rich." They were cut for everyone who pays income taxes under Reagan and Bush.
Revenues rose by 25% in the five years after Reagan's tax cut.
And after Bush's 2nd tax cut, revenues soared. There was no lack of revenues.
The problem was
overspending both by Repubs and Democrats, allowed by Bush.
Which is one reason the Tea Party mentality began.