10 years ago yesterday, the greatest piece of legislation was passed.

Bush Tax Cuts

For the laughs, The Heritage Foundation thought this was going to be a product of Bush Tax Cuts:

This dynamic analysis shows that President Bush's tax plan will boost economic activity, create over 1.6 million new jobs, and strengthen the incomes of taxpayers. The plan would reduce excess tax revenue and effectively pay off the publicly held federal debt by FY 2010. Real economic growth, which recently has slowed dramatically, would rise an average of $147 billion per year from FY 2002 to FY 2011. On average, a family of four's after-tax budget would increase by $4,544, which would lead to an increase in consumption and saving. Spending on personal items such as health care and school clothes would increase by an average of $163 billion, and America's anemic savings rate would increase from 1.9 percent to 2.9 percent.

Source

Anybody who believes tax cuts reduces debt or helps the economy just needs to look at the numbers.

Psssssh, let's wait ten years after the Pawlenty Cuts in in effect. Can't wait to see how those turn out!HoolaHoopMan

LMFAO, Heritage Foundation. Amazing that people think they're credible.Theokhoth

[QUOTE="HoolaHoopMan"]Psssssh, let's wait ten years after the Pawlenty Cuts in in effect. Can't wait to see how those turn out!CaveJohnson1

I respect your username.

LMFAO, Heritage Foundation. Amazing that people think they're credible.Theokhoth

[QUOTE="Theokhoth"]LMFAO, Heritage Foundation. Amazing that people think they're credible.kayoticdreamz

Yeah, that wasn't a good plan. I'm not crazy about tax and spend, but you need some level of taxation to support certain social programs. One thing repubs need to learn is that if the country falls apart around you, that's not good. Tax breaks can help the economy when smartly used, but not as a blank policy.

[QUOTE="Theokhoth"]LMFAO, Heritage Foundation. Amazing that people think they're credible.kayoticdreamz