Thursday, December 23, 2010

Re: Doesn't the GOP remember when Dick Cheney said; "Deficits don't matter"?

the Bush Tax
Cuts (of which Cheney was referencing when he made the comment) were
also a
resounding success,
--------
LOL! that's a good one!

On Dec 22, 7:28 am, Keith In Tampa <keithinta...@gmail.com> wrote:
> Once again, those left of center who love to play the "class warfare card",
> (*See* Studio, Euwe)  also love to take things out of context.   Cheney
> said, "You know Paul, Reagan proved that deficits don't matter".
>
> What Cheney was referencing was the "Reagan Tax Cuts"  which proved to work
> and stimulate the American economy, helping to end double digit inflation,
> double digit interest rates, and double digit unemployment, all caused by
> the likes of Jimma Carter.
>
> Again, those who are left of center hate to acknowledge that the Bush Tax
> Cuts (of which Cheney was referencing when he made the comment)  were also a
> resounding success, and helped stimulate a once again stagnant economy left
> over from the Clinton Administration, after those who are left of center had
> ridden the Reagan-Bush economy for six or seven years, and done everything
> that they could do to make Americans subserviant to big government.
>
>
>
>
>
>
>
> On Wed, Dec 22, 2010 at 6:58 AM, euwe <machgie...@gmail.com> wrote:
> > Cheney's policies (Bush the puppet doesn't even get credit for
> > originating the idea) got us in the mess we're in today - Republicans
> > were content to let them do it.
>
> > On Dec 21, 10:05 pm, Bruce Majors <majors.br...@gmail.com> wrote:
> > > dick cheney isn't in office
>
> > > the GOP is being taken over by people  who read Bastiat, Hayek and Mises
>
> > > not Arlen or Cheney
>
> > > if you or any other pro-regressives were literate you could follow along
> > and
> > > at least understand them.  but Madge, you aren't
>
> > > On Tue, Dec 21, 2010 at 11:27 PM, studio <tl...@hotmail.com> wrote:
> > > > Former Treasury Secretary Paul O'Neill was told "deficits don't
> > > > matter" when he warned of a looming fiscal crisis.
>
> > > > O'Neill, fired in a shakeup of Bush's economic team in December 2002,
> > > > raised objections to a new round of tax cuts and said the president
> > > > balked at his more aggressive plan to combat corporate crime after a
> > > > string of accounting scandals because of opposition from "the
> > > > corporate crowd," a key constituency.
>
> > > > O'Neill said he tried to warn Vice President Dick Cheney that growing
> > > > budget deficits-expected to top $500 billion this fiscal year alone-
> > > > posed a threat to the economy. Cheney cut him off. "You know, Paul,
> > > > Reagan proved deficits don't matter," he said, according to excerpts.
> > > > Cheney continued: "We won the midterms (congressional elections). This
> > > > is our due." A month later, Cheney told the Treasury secretary he was
> > > > fired.
>
> > > > The vice president's office had no immediate comment, but John Snow,
> > > > who replaced O'Neill, insisted that deficits "do matter" to the
> > > > administration.
>
> > > > Source: [X-ref O'Neill] Adam Entous, Reuters, on AOL News Jan 11, 2004
> > > > ---
> > > > Do they remember?
> > > > Answer; no, they don't even remember having a President, or what his
> > > > name was.
> > > > That's why they're the Stupid Party.
>
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