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Originally Posted by Bytor Peltor
The negative trickle down effect is about to become staggering.....not sure if we can truly comprehend it?
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You have that completely backwards. For the first four years of President Obama's term, America had the Bush II tax cuts in place, and the Bush II spending levels (both military and stimulus budgets were part of Bush II administration), then quite literally we've just had four years of TRICKLE DOWN economics which again, failed in the 1980s (hence Reagan's "readjustments" and Bush I raising the taxes), failed in the 1990s (hence why Clinton raised the taxes), and have clearly failed in the 2000s (which is why finally Obama has to raise them). Its a put up or shut up moment in America