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Coca-Cola on 16 September 2008
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akuma587 said:
Coca-Cola said:
akuma587 said:

Are you accounting for inflation and the fact that the economy grows each year (meaning more gross revenue for the government to tax each year), both of which when considered would significantly lower your estimate of how much revenue was collected under the Bush Administration?

That's what I thought...

 

are you saying that bush tax cut did not bring more money into the govt?

are you saying that economy did not grow?

was I bragging about Bush?

I said that economy grew and govt brought in more money all the while the bubble kept growing.  I'm admitting that the White house didn't do anything about the problem. 

Can you admit that clinton made the same mistake?  of course not. 

What about the democrat controlled congress?  what are they doing?  Nothing!!!!!!!

what is their approval rate?  You can't trust Obama to make a change?

 

 

Did you answer my question...no, you didn't.  You just casually passed over it and are attributing things to me that I didn't even say.  I did not say the economy didn't grow, in fact you were the one who ignored that it has grown in your analysis. 

Just because Bush brought in more revenue does not mean anything if you aren't accounting for inflation or the fact that every year there are more dollars to tax out there because the economy grows, meaning that even if you leave taxes the same YOU WILL DRAW MORE REVENUE EACH YEAR.  Inflation makes the discrepancy even more.  So Bush probably brought in less revenue than Clinton once you account for inflation and the revenue as a percentage of GDP.

And maybe the reason the Democrats can't do anything in Congress is because the Republicans have tried to block as many major initiatives as they can to simply say that the Democrats haven't been doing their job even if it means that change that needs to happen can't happen.  The recent fiasco over passing legislation to remedy the oil situation is a great example.

Luckily the American public is smarter than that, and will take it out on the Republicans in office come November.

 

Probably? Possibly.

Maybe?

Hey those Republicans are not very good for America in you opinion so I hope Democrats will win for you.  I mean that.

I do not dislike Obama, I trust him less.  Obama has a hard road ahead of him if he becomes the president.