"McCain is a maverick? Oh, come on. All he does is push tax cuts, tax cuts and more tax cuts. That is the same old tired idea the Republicans have flogged for years, and what did it get us? Gigantic budget deficit, crumbling infrastructure and a deep recession."
Please. The reason we have a huge deficit is spending. Prior to the recent downturn, tax revenues were at an all-time high in real dollars, and tax revenue increases rose sharply after the Bush tax cuts. Especially helpful were capital gains cuts and corporate tax rate cuts.
And we're *still* not in a recession, despite what people think. The economy grew in the first two quarters, and may have shrunk ever-so-slightly in the 3rd quarter. A recession is 2 consecutive quarters of negative growth. The recession of the early 80s saw 13.5% inflation and 10.8% unemployment. Right now we have 5-point-something for unemployment and inflation. Anyone who says we are in a "deep recession" is just plain wrong. We could certainly be headed for one, and next year we might find out that we were indeed in a recession (once 4th quarter numbers are out).
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