This is why I call the republicans Liars, Jackals and Bull Shit Artist. Not a one of those bastard had a problem with Bush’s $1.35 trillion tax cut in 2001. Oh no, that amount for big business was very appropriate. I have now decided to demote the republicans from their current standing in my view to the title of “Scum of the Earth.” That is so where they belong.
See Chart Below (compliments of ThinkProgress.Org)
| 2001 | 2009 |
|
| Cost of package: | $1.35 trillion | $900 billion |
| Unemployment: | 4% | 7.6% |
| Percent of Population Living In Poverty: | 12.7% | 17% |
| Foreclosure Rates: | .48% | 1.19% |
| Americans Relying On Food Stamps: | 17 million | Over 30 million |
Kyl: “I was there when the president signed into law the tax cut. … [I]f that isn’t one of the best things we can do to get this economy going again, then it seems to me that the American people might well lose confidence in what we’re doing, which would be the worst thing to do for the economy.” [Finance Committee Hearing, 10/3/2009]
Ensign: “Well, I don’t know that we’re going to get to the — you know, the total $1.3 trillion tax cut. I do think the tax cuts are necessary right now.” [CNN, 1/3/01]
Graham thought the cuts were so effective he wanted to make them permanent. But the tax cuts they championed proved to be extremely ineffective, leading to the slowest period of economic growth in decades.
Vodpod videos no longer available.
Chamay0's Bias Opinion 