Michael Porfido "The Bush Tax cuts had the same effect on the economy that the Reagan, Kennedy, and Harding/Coolidge tax cuts had. They created sustained economic growth and jobs. The facts are as follows…
Year GDP Growth Rate Unemployment Rate
2003 2.5% 6.0%
2004 3.9% 5.5%
2005 3.2% 5.1%
2006 2.8% 4.6%
2007 2.0% 4.6%
...
"It is bad enough that the Democrats are trying to gain political advantage by ignoring facts. It is, however, unacceptable that people in the media would propagate this falsehood when the facts are easily available. The housing crisis caused the recession. Unqualified people were able to get mortgages for little or no money down.
Michael has been an editor and contributor at the website www.freemarketsfreepeople.net for over 2 years. He has over 20+ years of diverse business experience, from running complex operations where he managed hundreds of people, to starting and running small businesses such as www.realinterestfund.com. -
No comments:
Post a Comment