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45% of Americans pay no federal income tax
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Quote:Thank you for the correction, it was tanf, not unemployment benefits that Clinton cut. I never said the Obama changes "gut" the Clinton cuts. They extend the time limit. Unemployment benefits were also time limited. That time limit was extended because of the recession. The extension was ended in 2013. That's hardly the same as "unemployment benefits have also been cut." Pure spin. Supply-side economics had nothing to do with the recession. The economy was in bad shape before Reagan started the supply-side reforms. Recessions happen no matter what. This one was because people kept borrowing against their home as the value increased, and then when housing prices plummeted as a result it created a recession. I don't blame Obama for the recession. It's not the fault of any government policy except maybe the one that required banks to give home loans to bad credit risks. Of course the banks weren't blameless either. I do blame Obama for failing to end the recession. Eight years of Obama budgets and we still have historically low levels of workforce participation. You yourself admit that the job market still stinks. No other recovery after a recession has taken as long as this one; only the Great Depression lasted longer. "Why should I give information to you when all you want to do is find something wrong with it?" We show less advertisements to registered users. Accounts are free; join today! |
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