Obama's stimulus will cost more than the entire Iraq war.

[richardhutnik]

HappySqurriel said:

richardhutnik said:

I can ask  the same about Bush tax cuts.  If they were so great for economic growth, why was job creation so poor and why didn't they sustain any growth and we had the meltdown?

http://blogs.wsj.com/economics/2009/01/09/bush-on-jobs-the-worst-track-record-on-record/

What you said about deficit spending doubles for tax cuts to regarding the deficits.  Creating jobs in China doesn't help the United States.

No true fiscal conservative would argue for cutting taxes without proportionate cuts in spending, so an increased deficit from tax cuts isn't a justified act.

With that said though, after the dot-com bubble the liberal pundits waited (about) 6 months before bashing Bush for not repairing the economy; and while his actions were short sighted, when his administration claimed that there was an recovery underway there was actually a recovery underway.

What is interesting is this story I read how Jack Kemp lamented about how liberals always promised the farm and were wreckless financially, and he wanted some.  So, tax cuts became candy that was offered as the answer all the time.  I believe that the tax code can be tweaked and optimized, but not used as some sort of sugar rush with cuts as the only answer.   Budgets need to get balanced and the tax code be left alone.  There then needs to be efforts made to reduce the need for government by coming up with solutions that work, and then cut taxes accordingly.  Tax cuts are NOT supposed to be the answer... citizens taking charge IS.

A problem faced now is that congress gets elected for bringing pork home, so the GOP  also spends insanely also when in power.   It is like, the only way to get the GOP to at least talk the walk is to keep them out of power.

I also recall Reagan being asked in his first year (may of been first 6 months) why things weren't fixed yet.