I thought you might find this Slate article interesting:
Happy 10th Birthday, Bush Tax Cuts!
By Annie Lowrey
http://www.slate.com/id/2296578?wpisrc=sl_ipad
Happy 10th Birthday, Bush Tax Cuts!
By Annie Lowrey
http://www.slate.com/id/2296578?wpisrc=sl_ipad
So, to recap: The Bush tax cuts were followed by low GDP growth, negative median wage growth, and little job growth. Even before the Great Recession, growth in the Bush business cycle was the weakest since World War II. And the cuts cost about $2.6 trillion between 2001 and 2010,according to the Economic Policy Institute—adding to a debt future generations of taxpayers will pay for, plus interest.
---Sent from Steve's iPad...
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