Bad news Bush (whiney ill-informed Texas kid kisses liberal Aussie arse in bid to be loved)

We can cheer his tax cuts all we want, but insofar as they are contributing to a deficit, they are driving up interest rates and hurting our economy.

Drew, Drew, Drew! Are you drinking the DNC Koolaid? Little of the tax cut has even gone into effect and, if you have not noticed, interest rates are at the lowest level in about 40 years. I must have skipped class the day they explained how tax cuts cause interest rates to increase. Please explain, as briefly as you can, how that happens.

After re-reading your post, I guess you are saying that the tax cuts created the deficit and the deficit causes the government to compete for funds and therefore interest rates go up. If that is what you are saying I see no evidence that interest rates are going up and it is impossible for the small tax cuts to have had any effect on them. Perhaps you should consider that the economy was headed into the dumper under the Clinton administration, although the government lied and misstated the stats for the last three months of 2002, and a little matter like the events of 9/11/01 which caused the travel industry and tourism to crash as well as the terrorist threat which put a damper on everything.

Just for the record, tax cuts increase economic activity which, in turn, generates more tax revenue for the government coffers.

YOU made some great comments but I liked this one best (because I had not thought of that angle):

Socialist groups that infiltrate our country and encourage the swarming of the poor across our borders because socialism would not work here, since we have no true lower class, unless they import one.

What makes the USA even worse (for the socialists) is that many of those imported poor work hard and turn into entrepreneurs instead of dependents. However, I don't discount the left's penchant to ignore that and hype a poverty pity party for the "poor" in order to exploit that rhetorically and pour more government money down another rat-hole.

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