You keep forgetting....the President
does not set the BUDGET...Congress does( mostly the House)
Americans have lost $6.6 trillion from 2001, when the tax cuts first took effect, through 2012, according to David Cay Johnston, a Pulitzer prize-winning reporter, author and visiting lecturer at Syracuse University's law school and business school, says the economy would be a lot stronger if not for the Bush tax cuts.
That's more than one-third of the country's annual GDP.
He calculated those losses by comparing average incomes in U.S. tax returns from 2000 tax returns to every year through 2012,
Johnston says business tax cuts in 2001 and 2003 slowed growth.These tax cuts left the government with less money to invest for growth,
"We're not investing in the future of America," Johnston tells Yahoo Finance in the video above. "Because we have less revenue, we are not putting the same money we used to put into research ... infrastructure ... [or] education. We are creating a more and more inefficient economy in the name of 'tax cuts will save us.'"
But they won't, says Johnston. "The empirical evidence that tax cuts produce jobs ... just doesn't exist."
I can't understand the attacks on Lerner......she was only doing her job by making these group fill out the correct forms...and only ONE group was disallowed during the time in question... and it was a liberal group
Its none of your business........what ever happened to capitalism and privacy
says this is the only way we can break the slow growth called by the 2008 GOP Panic
Can't do much with this do-nothing congress......you've got to remember....we're still operating mostly on the Bush immigrantion laws
This is how ignorant Scalia is.......he used a law that has "not" been Constitutionally tested to comment on a Constitutional ruling on another law.... Religious Freedom Restoration Act has nothing to do with the Constitutionalility of the H_L Ruling..........this 5-4 ruling was all political and will bite the Republicans as the fallout begins
So, you are saying the SCOTUS has countradicted it self on the Hobby Lobby ruling.............I can agree with that
A limited liability company (LLC) is a hybrid corporation....in as it creates a (non-human) entity
No...they are not....the people are the Final decision amkers........New Laws can be passed to get around a Supreme Court ruling.... the SC can even review a former ruling and overturn the previous ruling(esp if its a 5-4 ruling)
The guy on TV this morning made fun of her and laugh at McCain and said....." Thank you Mr McCain for unleashing this idiot on America"
Since 2008, where would Texas be without Federal stimulus and subsides?
Even now, they rank down there close to Mississippi,South Carolina, Tennessee,Kentucky & Alabama as the poorest, less educated people in the Union
Reagan was a disaster......he was one of the two presidents since the great depression that had TWO recessions during his presidentcy(GW Bush was the other) ......we are still running up the deficits from his massive National debt run-ups.........Trickled down failed and America paid dearly from the Reagan disaster
No...it does mean that it will be better than the last one......despite the GOP obstruction
....and who lost their Doctor......I'm waiting
when it turns into a recession, let us know....one bad quarter caused by the worse winter in recent history does not mean much