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Wednesday 21 July 2010

Bush Tax Cuts and the Deficit

unsolicitedanalysis:

Republicans now blaming Democrats for Bush tax cuts

Come the fuck on.  You don’t have 5 years on that chart with anything approximating accuracy, to say nothing of 40.  You can scale out theoretical costs and income levels a very short distance, and even then CBO estimates are traditionally way off.  They aren’t right within 6 months.

/agree

Typically, I loathe any touted projections for a period >1 year. It is absolutely ridiculous that such “predictions” are granted any shred of authenticity or accuracy.

But I did want to make note of Ezra’s post, though I think that better addressed would be those tax cuts and the impact to the deficit accumulated during the last presidential term. That, and the numbskull act of a self proclaimed “war president” cutting taxes while the nation was (and is?) “at war”.

And I needed an image to break up a long stream of text posts. :) 

 

48 notes

  1. simplisticecstasy reblogged this from soupsoup and added:
    This graph pisses me off to no end… STFU, conservatives, and let us fix this damn country already.
  2. dendroica reblogged this from silas216
  3. silas216 reblogged this from azspot
  4. ad7am reblogged this from azspot
  5. shorterexcerpts reblogged this from soupsoup and added:
    And for God’s sake, if you’re a Republican on TV/Radio you can’t let your listeners know the difference between a flat...
  6. think4yourself reblogged this from azspot
  7. bizzacore reblogged this from soupsoup and added:
    This is effing sick. Politicians have to be the worst people on Earth.
  8. thedeepz reblogged this from soupsoup
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