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Showing posts with the label Bush Tax Cuts

Boehner Is Partially Right... The Full Truth A Bit More Complex

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By: Les Carpenter III Rational Nation USA House Minority Leader John Boehner has declared the Bush tax cuts did not result in out of control deficits this nation is experiencing. Boehner's claim is the collapse of the economy 18 months ago is the real culprit. On the surface this claim makes perfect sense... until one thinks it through.  What Boehner is stating is the Republican party line that is meant to play well with main stream RINO's and long time Republican establishment loyalists. The truth of the matter is the Bush tax cuts did contribute to increasing deficits. The reason however is not that the tax cuts were bad in principal. The reason can be found in the massive expansion in our federal spending to finance two costly wars that we continue to fight. One has to question if there really is an end in sight at this point or even if they can be won. Cutting taxes to spur economic growth and create jobs, particularly ...