Why do Republican tax cuts and de-regulation always create a total economic disaster?

Lolly Liberal

New member
I focus on MAIN ISSUES and HISTORICAL FACTS

Look at historical facts to see which policies work and which policies fail.

Here is what happened after 12 years of a republican congress and 6 years of an entire republican government:

Between Jan 20, 2001-2009 under Bush's policies of deregulation, lax regulation enforcement, corporate welfare and a 15% tax rate on stock profits for wealthy people:

Unemployment almost doubled from 4.2% to 7.6%
Economy losing 700,000 jobs monthly
Gasoline tripled from 1.44 to 4.11 per gallon (peaked July 2008)
Dow Jones plunged 25% from 10,587 to 7,949
Budget went from a 236 billion surplus to a 1.3 TRILLION deficit (a 1.5 trillion drop!)
National debt doubled from 5.7 trillion to 10.6 trillion (a 4.9 trillion increase)
Economy in total freefall

This is called "common sense conservati*ve limited government*"

Please Protect America from Republican*s!

(Republicans try to confuse people by saying democrats took over in Jan 2007 and started the recession, but they can't name one thing democrats did to hurt the economy. In fact, democrats won the Nov 2006 elections because the economy had already begun it's steep decline after 5 1/2 years of an entire republican government.)
 
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