The Bush tax cuts were to improve the economy just like the Reagan tax cut that were to do the same thing. Facts tell a different story. During the Carter Administration there was a worldwide recession that lasted for three years after Carter left office. Today’s Republicans seem to forget all the years before Obama and want to blame him for the economy ignoring the facts that he too has lowered taxes and spent a lot less money than either Reagan and Bush.
The best example I've seen on the ridiculousness of this revisionist history was the night a GOP congressman was being interview on MSNBC with Ron Reagan Jr. The interviewer asked a question about President Reagan and the congressman launched into a lofty explanation of what Pres. Reagan did and thought about the subject of the question.
Ron Jr. interrupted him and took issue with the congressman's assertion. The congressman shot back that he KNEW the president personally and knew his mindset. Ron Jr. after rolling his eyes in disbelief at the audacity of the congressman said, "Uh...pardon me but I think I knew him a bit better than you sir...", to which the congressman replied in a voice dripping with contempt, "You didn't know him as well as I did." At that point Ron Jr. just laughed in disbelief. The congressman remained aghast that he had even been challenged in what he was saying by this "flaming" liberal...even though he was the President's son.
Republicans make up whatever "truth" they want to in order to fit their narrative and mindset at the time, even if that revision flies in the face of actual facts or is so off the wall as to tell a man's son that he didn't know his own father write the history of this country every chance they get.
The republicans live in an alternate reality. We hear them describe it as truth every time they talk. Reagan raised taxes as governor of California, and as president, when he thought it was needed. He started us on the path of bigger deficit spending and running up the national debt - in fact he was the champ at it, until a few years ago. Supply side economics was a flop - even David stockman told us so afterwards. RR would be kicked out of the party by the zealots today. Mitt, Newt, Rick are all either very delusional or fabulous liars. Will we ever see another Teddy Roosevelt?
Reaganomics has contributed approx. $9 Trillion to the national debt. It is a FACT that Republican presidents were the ones who ran up the debt. Reagan tripled it, Bush One added $1 Trillion to it, and Bush Two sent it even higher, to $4.5 Trillion. Tax cuts and Bush's two wars were obviously major contributors
Time has come to look at History and the facts. Tax cuts designed to improve the economy did nothing but help plunge us deeper in debt. This was done by a Republican Congress in order to help get rid of most regulation and social safety net programs. The facts are hard to cover up.
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