Thread: The Obamanation
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Old 02-06-2009, 09:52 PM   #64
Redux
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Quote:
Originally Posted by sugarpop View Post
Well, I think it's because of the economy. I believe he will just let them expire, which they are set to do next year (I think).
Yep..the Bush 01 and 03 tax cuts were to be temporary stimuli for the minor recession Bush inherited and legislated to expire after 2010.

If there was any evidence that they contributed to job creation and long term economic growth or stability, there could be a case made to keep them. But that didnt happen.
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