ARGGGHHHH ok... gonna do this calmly... I do
not have a problem with the fact that it was 50 months out of 52 months and I as I
already said, the numbers you're talking about aren't what I'm calling into question. I'm calling into question:
A. the context of the numbers and
B. your implications about what the numbers mean
C. your ability to read and infer what i'm saying
I'm just going to number the things from your post to respond in a clear fashion
1. I have a lot of problems with what Bush did and didn't agree with him on every issue but I know that he didn't cause the recession that some economists claim started in March 2001 as that is impossible.
2. Then those claim that his tax cuts caused the deficits is also a lie because the U.S. Treasury which is the checkbook of the United States shows income tax revenue increasing AFTER the tax rate cuts went into effect. How can any tax cut that grows revenue cause deficits?
3. Then there is the deficit, how can Obama blame Bush for a deficit that he helped create. He voted for the 2009 spending and since deficits are yearly and the fiscal year of the U.S. runs from October to September there is no way that Bush created a 1.3 trillion deficit in four months of operation.
4. I know that historians who aren't easily swayed by rhetoric will judge Bush a lot differently than partisans on either side and I believe that ranking will improve greatly with time and will be much, much better than many here think it will be. The objective results paint a different picture as I am pointing out.
5. Then there is Obama. I have absolutely no use for his economic policy or economic team of liberal elites who have never run a business, made a payroll, or been responsible hiring and firing decisions. Their version of economics is massive growth in the size of the govt. through massive spending. You cannot do that in a free enterprise economy until you convert it to the failed European model. The results speak for themselves and are going to get worse. 16 million unemployed Americans today and 3 trillion added to the debt. On top of that is the largest tax increase in history that will hit with obamacare. This empty suit is making Carter look good and I have no use for him or his policies. I don't buy the rhetoric, I prefer actual results.
1. I agree that Bush did not cause the recession in 2001
2. Tax revenues increased because of economic growth. Whether or not Bush's tax cuts contributed to this growth is unclear. It's possible. However, tax revenues may (or may not) have been higher had Bush's tax cuts not been passed by congress. I've never heard anybody I hold in high esteem claim that the tax cuts "caused the deficit" which is a very strange statement in itself. I'm not sure who you're talking about or why somebody would want to simplify the discussion to that extent. Anyhow, if somebody told me that the tax cuts caused the deficit I would probably laugh at them.
3. I agree with you. Also remember, though, that if you look at the difference between the fiscal year and the actual time that each President resided, Bush's last year and Obama's first year in office resulted in nearly identical deficits.
4. I think Bush will be viewed slightly better but I still think he stunk and SHOULD shoulder a lot of the blame for the current recession/depression.
5. The problem with what you're saying is that you're blaming Obama for what's happening, and that's a gross over-simplification of the current economic situation. IMHO, the liberal model of progressive taxation works and the idea is getting money in the hands of middle class families, small businesses, and the lower class, who immediately spend that money and put it back into the economic which spurs growth. Unfortunately, America's status as an imperial power abroad, the war on drugs at home, and disgusting overspending on entitlements from health care to welfare negate so much of the good ideas of a progressive economy.
But look back at history, and at economic growth and jobs created. America's economy is not hinging on little partisan bickering. Tightening the ship and reforming the federal government's expenditures will not be the result of a partisan battle. I hope that clears up my position for you. We disagree, but whatever.