Comment Re:Darn (Score 2) 788
Tax cuts when you're in a surplus position are all fine and dandy
A surplus situation will never happen with a government growing at 7 percent a year. You can't tax enough revenue out of an economy growing at 1 percent a year to sate the fed monstrosity.
The tax cuts have largely fizzled as an economic motivator by all accounts
If i recall correctly, the 'tax cuts' were actually 'not increase tax rates to some previous level' which should not cause stimulus but would avoid crushing a slow economy.
...some [stimulus] has given away as tax cuts...
Accounting for "taxes not collected" as "spending" is a sickness.
I agree there was a bump from the stimulus but every other policy enacted was in opposition causing uncertainty, fear of hiring (and impending costs) so it mostly ends up being more debt.
the actual stimulus is most likely responsible for keeping unemployment below 10%
Maybe that could be the Dems campaign slogan for 2012. Good luck with that.