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Bush tax cuts "helped the economy both recovery from the 2000-2001 recession and spur some of the greatest economic activity the nation has ever seen."Erick Erickson claimed that "after the 2001 initial tax cuts, the annual growth rate went from 0.3% in 2001 to 2.5% in 2002. By 2004, GDP growth was the highest in 20 years." Erickson further claimed that "after the 2003 tax cuts, the unemployment rate fell to the lowest level since World War II. Nobel laureate Krugman: "But the real source of
Submitted On:
8/11/2010 7:14:12 PM by
LLBarry
Categories:
Business & Economy
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