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Old 11-08-2012, 05:24   #50
muscogee
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Join Date: Aug 2005
Location: San Antonio, TX
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Quote:
Originally Posted by czsmithGT View Post
What will raising taxes do to prevent a recession or depression?
It depends on how much they raise them, and on who. Bush 1 didn't raise taxes enough to deal with the deficit and things got worse. Clinton raised taxes enough, and cut spending enough to deal with the debe and things got better. Bush 2 cut taxes while going on a spending spree and the economy crashed. Don't give me the, "Clinton/Dodd/Frank did it" party line propaganda. No one but the party believes that.
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