President Bush's Tax Cut Suicide

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Um, you forgot about those two ongoing wars

RE: #3 "Failure to Control Spending"... You forgot to include the TRILLIONS of dollars spent on two wars -- including the war of choice in Iraq that has been a poster child for fraud, waste and abuse in multiple contracting scandals, and that pallet of $1 BILLION in cash that just "disappeared"??

Has any president in the history of America ever cut taxes in a time of war? Only Bush. He and his economic advisers know that war doesn't come cheap. And yet they did it anyway, and left the rest of us holding the bag. Nice of you to forget that as you advocate to cut programs that help the rest of us.

Methuselah of MI @ Jul 30, 2009 14:46:01 PM

Good article

"My property taxs have gone up over 300%."

Those are local taxes, unconnected to the Federal government.

Well, not directly connected. When the Fed pushes easy, cheap, plentiful home mortgages, encourages exotic loans, and the 'exportation' of loan-debt to foreign investors, an environment of insane home-buying frenzy occurs. THIS results in home-values, and even undeveloped property-values, jumping as much or more than 200% in some markets. THEN tax-assesors in those regions mark up the value of your property, and even increase the percentage that they want.

Jay of TX @ Feb 22, 2009 16:46:13 PM

TAXS

My property taxs have gone up over 300%. Your tax cut evalution is far from correct. I personnly know the spending cuts I've had to make. This is a major problem with our current economy. We need to lower TAXS!!!! and down size Government.

Slick of CO @ Jan 04, 2009 22:11:42 PM

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U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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