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The New DU. Reply #31: Obama's extension of the Bush tax cuts hasn't been in effect for even 2 full years yet.
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phleshdef
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Wed Dec-07-11 09:41 PM
Response to Reply #30 |
| 31. Obama's extension of the Bush tax cuts hasn't been in effect for even 2 full years yet. |
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Edited on Wed Dec-07-11 09:41 PM by phleshdef
The economy collapsed way before that and the Bush tax cuts didn't cause the economic collapse anyway. The economics collapse was caused by risky, shady loan practices.
The Bush tax cuts contributed to the deficit (they don't make up the entire thing) and yes, it contributed to more wealth distribution problems. But the 2 years tacked on them because of Obama only raised the deficit a bit and thats the only part Obama is responsible for.
This stuff shouldn't even need explained.
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