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Phil Graham: You can't raise taxes during a recession or it will destroy the economy [View All]

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Bandit Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-15-08 08:13 AM
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Phil Graham: You can't raise taxes during a recession or it will destroy the economy
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That is what he said right before Bill Clinton's 1993 Budget was voted on. That Budget was voted against in lock-step by Republicans and it took a tie breaking vote by Vice President Al Gore to pass that budget. Taxes were raised on the wealthiest 10% and lowered on all the rest of Americans and America went on to experience "The Greatest Economic Expansion in History" So much for Phil Graham's expert economic advice.
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