Tag Archives: deficit spending
The Failed Bush Tax Cuts
Failed Bush economic policy, and the failed Bush tax cuts passed in 2001 and 2003, added $4.36 trillion to the national debt during his 8 years in office. And what was the impact of the Bush tax cuts on the … Continue reading
Prospects for Good Governance
The talking heads in the media are all assuming that the next few months in Washington will be filled with confrontation perhaps leading to a government shutdown. And with good reason. There are certainly the makings of stalemate and gridlock … Continue reading
The Big Lie About Jobs and Taxes
The question of whether to extend the Bush tax cuts seems hopelessly mired in misinformation. The bickering in Washington on the economy seems almost exclusively focused on the top marginal tax rates — the rate paid by the wealthiest taxpayers … Continue reading
Right Wing Political Mythology
To listen to Conservatives, you might think that the Obama Administration is a threat to the very survival of our nation. According to conservative right-wing propagandists, under President Obama the federal deficit has skyrocketed, taxes have been raised, the banks … Continue reading
Deficits Not The Problem – They Are The Solution!
Deficits have in the modern era been the only effective tool the federal government has had in its arsenal to fight recessions, and especially serious declines such as during the Great Depression. So are federal deficits the problem today, or … Continue reading