Quote Originally Posted by The Redneck
You mean kind of like now...wait. That isn't what is happening.
Actually, it is. Revenue is growing, like as a result of Reagan's tax cuts--and like during Reagan's administration, spending is growing even faster. Revenue more than doubled during Reagan's administration--the problem wasn't that our government didn't have enough money to work with, it's that they they still managed to spend way too much.

Reagan, on one hand, had a Democrat-controlled congress that cheerfully announced his budget proposals DOA as soon as they hit the floor. Bush, on the other hand, should have it fairly easy as far as reducing spending, and hasn't even tried. The average president vetoes five bills a year--Bush has yet to veto a single spending bill, which is getting the conservatives who voted for him rather pissed off.

Clinton's high taxes were a good move because of how the economy was booming. They wanted to let it grow but not get out of control.
It's a good idea to confiscate more of people's money so that the economy doesn't grow quickly?
This economy is barly recovering and it is not due to his tax cuts. His tax cuts have done nothing to help out our economy right now. As a matter of fact one could argue they hurt the economy due to massive deficits and an alarmingly weaker currency. The economy is not even to the level when he took office yet or is just barly over that level. This is the natural cycle of the economy and the president does not have a great deal of control over it. The pres can help here and there but the Pres does not make or break the economy. That is the Fed's job(Al Greenspan pretty much).

They spent way too much during Regan because of him. He expanded the government and created way too much buracracy.

As for Clinton. Yeah. He should have done that so the economy doesn't grow to quickly. As a matter of fact it grew so quickly it imploded to some extent even though taxes where high. As I said before, the Pres really doesn't have a great deal of control over the economy. It has its cycles, up and down.

Add what Eest said because that is also true. Sorry but the rich don't need a tax cut. If you make more than $200,000 a year you are more than well off.