While Bush made plenty of economic mistakes, his 2003 reductions of marginal tax rates led to more than 8 million new jobs in the next four and a half years. Under Bush, the unemployment rate dropped to 4.6 percent.Bashing Bush and Boehner Won't Work
And almost all economists agree that the 2007-08 financial meltdown was a housing-bubble and credit event. It had nothing at all to do with cutting taxes.
Regarding John Boehner, Obama slammed the GOP leader eight times in Cleveland. He claimed "no new policies from Mr. Boehner," saying the Republican leader's philosophy "led to this mess in the first place: cut more taxes for millionaires and cut more rules for corporations."
Well, none of this is going to work come Nov. 2.
Saturday, September 11, 2010
Obama's secret society
THE SCAPEGOAT SOCIETY
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