(November 6, 2015 at 11:42 am)Minimalist Wrote: Presidents can take steps to influence the cycle. Clinton not only balanced the federal budget he left it with a huge surplus. Bush the Shithead came along, gave a big tax cut to his rich-bitch buddies and then started two wars without figuring out how to pay for them. Bye-bye surplus, hello deficits.Bush was simply following what Calvin Coolidge did in the 1920s. When there's a surplus you reduce taxes. http://www.presidency.ucsb.edu/ws/index....udget&st1=
Most presidents do nothing either so positive or negative and are simply borne along by the currents.
"TAX REDUCTION"
The section is too long to post but it should be read to understand national tax policy.
