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In response to
"One problem with this is that there's a lot less incentive to do this when the economy is growing. "Hey, the good times are going to last forever!" + "
by
Roger More
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Hence the folly of the Bush tax cuts. We were running a surplus. Able to pay down some of our debt, but Bush view was we should give that money back
Posted by
pmb (aka pmb)
Apr 25 '12, 10:59
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It was stupid and we're paying the price now.
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