Paul408 Wrote:
May 29, 2012 4:00 PM
The fact is that in 1912, the taxes on the rich were much lower than they are today. They were 0. So, your first "fact" is a lie. The second, W had a 1 off spending increase, TARP which we shouldn't have had, but did. So, 900 billion of that was a one-off. Without TARP, W falls below 5% increase. Obama KEPT the spending levels at the one-off level, which means the emergency spending level was increased 1.8%. If he actually took responsibility for what he did, he's over 5%.