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US Credit Rating Downgraded To AA+

Debating with the enemy


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Old 08-14-2011, 12:05 AM   #1
12thMan
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Re: US Credit Rating Downgraded To AA+

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Originally Posted by wilsowilso View Post
Nice try.

The Bush tax cuts are a massive factor in this awful debt mess.

Get rid of that tremendously stupid tax break for the wealthy.
How anyone could still be defending the Bush tax cuts 10 years later is really beyond me.
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Old 08-16-2011, 12:27 PM   #2
firstdown
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Re: US Credit Rating Downgraded To AA+

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Originally Posted by 12thMan View Post
How anyone could still be defending the Bush tax cuts 10 years later is really beyond me.
Well if you look at the number the fed income started growing faster then spending after the tax cuts then took a nose dive after the economy went to hell. The argument can be made that the tax cuts spurd spending and by increasing taxes will make thing worse. At this point I have no clue either way.
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