noahp
2011-02-26 14:11:13
Anonymous
Google fed tax revenue and you will find charts showing fed tax revenues were still falling in the Spring of ’03 when the marginal tax rate cuts were passed. They began climbing 3 months later and I believe by 2006 again exceeded the previous peak which was late in the Clinton admin. Liberals freq claim that Bush was handed a booming economy…not true as the fed tax revenue charts clearly show.
But Bush deserves some of the blame for the housing bubble crash, but heck even the “maetro” Alan “bubbles” Greenspan initially admitted he had kept money too loose for too long. But he eventually changed his tune when the preferred narrative became “Bush and the greedy bankers”!
