Last thing that America needs at the moment is a tax increase, it never solves anyrthing only slows economy even more. Taxes on small business would cramp any hope of quick recovery since they are the ones that employ most people and expand quicker.
Supply side, there is no proof that rich people dont invest their money, middle class and those better off do invest domestically, and trough that more people have jobs, and those poorer get richer as well because of the money being pumped into the economy. Demand side does not pump money into system trough consumer spending, because those with money are hurt by taxes, and those that benefit from it do not spend enough money for consumer boom to have effect.
Plus tax cuts does not mean that those that are poor would be hurt (they will pay less taxes as well) it does not mean cessaction any benefits they have now.
And Clinton, well you say he managed economy well, yes because his administration stayed away from it, why because even if they wanted to, Congress blocked anything. Look at Clinton's Health plans (that would cost a lot) they got destroyed in congress by Gingrich and his Republicans.
And saying that democrats can handle economy, well why not mention about Carter and how crap it was under him?, and dont start about Johnson and the spendings on Great Society (which was a failure) and Billions pumped into War. Great Society increased beuracracy in Washington and power of central government, and for billions brought very little, medicare and medicaid and improvment in education., so much more was promised.
edit: Well i never said medicaid and medicare werent big, is just compared to Johnson and his administration promised and tried to tackle with big billions, it was extremely limited success.
