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URL:  https://boards.fool.com/economic-downturn-in-2008-was-not-a-consequence-30282117.aspx

Subject:  Re: WSJ on the 10% President Date:  9/25/2012  11:19 AM
Author:  tamhas Number:  63580 of 118062

Economic downturn in 2008 was NOT a consequence of the Bush tax cuts as you imply

Didn't say anything at all about them causing the downturn. Comparing revenue over the last couple of years under these temporary cuts with what the revenue would be without the cuts shows something like half of the shortfall directly attributable to the cuts. Would things have happened differently without the cuts? Sure, but it is speculation what that would be.
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