Quote:
Originally posted by khazadman:
The Economy is doing better because of the tax cuts. The country got a boost with JFK's tax cuts. The same for Reagan's. Now the Bush cuts are taking effect. Now if only we can get him to stop this run away spending that he and congress are engaged in.
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Maybe maybe not, it depends on alot more than simple tax cuts though that might have pushed consumers. The truth is there is nothing a president can do for the economy that will work unless the consumers work with it. Thats what I'm trying to say. It depends on how much people feel they can afford, what they think they need, how sure the future is, not some magical economy button the president pushes which is the belief some people seem to hold.
And the run away spending is understandable considering the situation the US was in after 9/11