Posted on 07/16/2012 8:50:48 AM PDT by 92nina
In 1990, President George H. W. Bush was promised two dollars in spending cuts for every one dollar in tax hikes. He fell for the bait and violated his Pledge to not raise taxes. After a $137 billion tax hike, spending actually rose by $22 billion.
As a reminder, he regretted breaking his Pledge to oppose higher taxes after he realized he got tricked into letting it happen.
Moral of the story - never, as a Republican president, promise to not raise taxes when you don’t have Republican control of the House (as no Republican president did between 1954 and 1994).
And did Reagan start the War on Drugs?
No.
The War on Drugs was started in 1971 by Nixon.
“Boehner should have take the deal when they asked for 10 to 1 spending cuts for each dollar tax increase- but ONLY if they did the spending cuts first.”
Sort of like we are all for Immigration reform, but the wall has to be built first.
You rolled over for the Dems George. Too bad your son and the rest of the RINOS haven’t learned that negotiating with the other side always means giving into them. It will always come back and bite you in the a$$.
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