I'm reposting this from James Taranto's "Best of the Web column.
He'll Wreck the Economy Later
"Democrat Barack Obama says he would delay rescinding President Bush's tax cuts on wealthy Americans if he becomes the next president and the economy is in a recession, suggesting such an increase would further hurt the economy," the Associated Press reports:
So he's saying he wants to wait for any recession to pass, and then he'll hurt the economy?
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1 comment:
Tax cuts are a campaign tool which can be used to buy voters and spike short-term economic gains.
The last three Republican presidents had a combined budget deficit of well over $1 TRILLION, and both Bush's left their tenures with their economy in recession.
Clinton administration - $200B budget surplus, economy was great when he left.
When will people stop believing in the fantasy of Republican Presidents being the more responsible spenders? It's been the exact opposite for a quarter century.
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