Posted by
The New THOMA$ REPORT on Wednesday, July 07, 2010 5:31:13 PM
That’s what it takes to improve the economy. That has been proven every time it has been tried. John Kennedy did it, and the tax “take” increased. Ronald Reagan did it and almost DOUBLED the “tax take” in the next few years. George Bush did it and continued one of the biggest, longest-lasting economic booms ever, started by Reagan's tax reductions, until the machinations of the Democrats (The Citizen’s Reinvestment Act of 1976 requiring lenders to loan money to people they knew couldn’t repay it, a “recipe for disaster” that they “tripped” just before the 2008 election) to get elected killed it and caused one of the biggest recessions in years. Now they’re blaming the recession THEY caused on the Republicans because they were “in power” when it started. Now they're going about, gaily spending money they don't have, and raising taxes, "willy-nilly," hoping to pay for it one of these days while keeping the power they stole. (
Personal Liberty Digest)