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Addicted To Bush!
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Box A Rox
July 24, 2010, 7:16am Report to Moderator

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The only problem Republicans ever had with George W. Bush was his low approval rating. They always loved his policies and his governing style — and they want them back.

In recent weeks, G.O.P. leaders have come out for a complete return to the Bush agenda, including tax breaks for the rich and financial deregulation.

"Might as well face it, they're addicted to Bush!"
(NY TIMES)
http://www.nytimes.com/2010/07/23/opinion/23krugman.html?_r=4&ref=opinion


The modern conservative is engaged in one of man's oldest exercises in moral
philosophy; that is, the search for a superior moral justification for selfishness.

John Kenneth Galbraith

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Shadow
July 24, 2010, 7:25am Report to Moderator
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I can't believe you're quoting Krugman as an unbiased source. Bernacke, some Dems and the Reps all want to keep the tax cuts in place to aid the recovery.
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July 24, 2010, 9:01am Report to Moderator
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Bernanke Says Extending Bush's Tax Cuts Would Maintain Economic Stimulus
By Scott Lanman and Ryan J. Donmoyer - Jul 23, 2010
Ben S. Bernanke, chairman of the U.S. Federal Reserve

Ben S. Bernanke, chairman of the U.S. Federal Reserve, listens to opening statements during his semiannual monetary policy report to the House Financial Services Committee in Washington. Photographer: Joshua Roberts/Bloomberg

Federal Reserve Chairman Ben S. Bernanke said extending at least some of the tax cuts set to expire this year would help strengthen a U.S. economy still in need of stimulus and urged offsetting the move with increased revenue or lower spending.

“In the short term I would believe that we ought to maintain a reasonable degree of fiscal support, stimulus for the economy,” Bernanke said yesterday under questioning from the House Financial Services Committee’s senior Republican. “There are many ways to do that. This is one way.”

While Democrats want to keep the 2001 and 2003 tax reductions passed during former President George W. Bush’s administration for families earning as much as $250,000, Republicans aim to continue the cuts for high-income people as well. Bernanke didn’t endorse either party’s position or recommend a time period for an extension.     http://www.bloomberg.com/news/.....ulus-to-economy.html
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