When the Bush tax cuts were put into place, were they put in place for job creation in the beginning? If so, why have we lost millions of jobs under these tax cuts? Even with the benefit of the doubt, if the extension that was reached last December was to create jobs, where are the jobs? This is one time I hope that the Republicans are held accountable. They did not campaign last fall on government spending and the debt ceiling like they are declaring now. They ran on job creation. So, where are the jobs? Are they willing to make this country the laughing stock of the world just to regain the Whitehouse? Completely unacceptable!!!
The Bush tax cuts were not supposed to last forever. Alan Greenspan, whose oracular endorsement was perhaps the single most decisive event in their passage, made it very clear that they were a temporary solution to a temporary surplus. “Recent data significantly raise the probability that sufficient resources will be available to undertake both debt reduction and surplus-lowering policy initiatives,” Greenspan said in 2001.
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