Every chance they get, the democrats bash George Bush’s tax cuts.
They claim the tax cuts were a disaster and made things worse. They distort Bush’s record.
During the Bush years, despite the 2000 Recession, the attacks on 9-11, the stock market scandals, Hurricane Katrina, and wars in Iraq and Afghanistan, the Bush Administration was able to reduce the budget deficit from 412 billion dollars in 2004 to 162 billion dollars in 2007, a sixty percent drop. In 2004 the federal budget deficit was 412 billion dollars. In 2005 it dropped to 318 billion dollars. In 2006 the deficit dipped to 248 billion dollars. And, in 2007 it fell below 200 billion to 162 billion dollars. During the Bush years the average unemployment rate was 5.2 percent, the economy saw the strongest productivity growth in four decades and there was robust GDP growth.
Obama and the Pelosi democrats, on the other hand, destroyed the economy with their irresponsible spending. Most Americans have had enough and understand that taxcuts are a better way to go to produce jobs. Rasmussen reported:
Most U.S. voters favor a new government program designed to create jobs but still think ultimately tax cuts and decisions by private business leaders will do more good in terms of job creation.
A new Rasmussen Reports national telephone survey of Likely Voters finds that 66% believe cutting taxes is a better way to create new jobs than increasing government spending. That’s up seven points from January.
Just 18% think increasing government spending is the better way to go. Another 16% are not sure.
Sixty-five percent (65%) say decisions made by U.S. business leaders to help their own businesses grow will do more to create jobs than decisions made by government officials. Twenty-five percent (25%) say decisions made by government officials to create jobs will do more.
Just 18% of voters… including Barack Obama, the Pelosi democrats, hardcore leftists and socialists… believe government spending is a better way to go than taxcuts. The rest of America has had enough of their failed policies.
