Damned Republicunts

[Heywood]

First, you do realize that the "Bush tax cuts" happened during the Bush administration, right?

Sorry, I don't want to make too many assumptions about your ability to keep up. Assuming you do, You know they happened pretty early on during his administration, right? The first round was passed in 2001.

So, you claimed that the Bush tax cuts prevented the second Great Depression, which was a danger from the panic and collapse of October 2008? Do you see the problem?

In case you don't, I'll go slower.

• 2001: Bush tax cuts
  
• 2008: Economic collapse
  

Sorry Sonnyboy....the economic collapse of 2008 had nothing to do with the tax cuts in 2001. It started with a natural slump in the housing market. This caused mortgages to go upside down. Which caused people to stop paying on their mortgages(why continue to invest in an asset which is losing value).....which turned otherwise safe assets into risky ones.....which then collapsed banks and tightened the money supply.

You live in a demozombie fantasy world if you really think an income tax cut in 2001 caused the economic collapse in 2008.