55 Edward A.

Quite the opposite – There is very strong empirical evidence that tax cuts (to those that actually pay taxes) are very beneficial to the American family and the American worker. There is no empirical evidence that government spending or handouts have ever worked to boost any economy anywhere.

Bush did not “create” a recession. The “recession” was a self-inflicted wound brought on by overindulgence on credit on the part of the consumer and home buyer and fueled by a banking culture created by a policies based on social engineering and not sound fiscal grounds that forced lenders to approve loans to uncreditworthy borrowers. End of story.

Doubling down by going into more debt to pay off current debt is a VERY BAD IDEA no matter what political party you claim as your own.