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Undertoad · 02-07-2009, 10:21 AM

Didn't happen? The growth from 2003-2006 was quite brisk, third quarter 2003 after the cut was phenomenal. Negative growth didn't happen until third quarter 2007. It wasn't Clinton- or Reagan-era growth, but it was growth for sure. Unemployment dropped from 6% when the 03 tax cut happened to 4.5 by 2007.

02-07-2009, 10:21 AM	#70
Undertoad Radical Centrist Join Date: Jan 2001 Location: Cottage of Prussia Posts: 31,423	Didn't happen? The growth from 2003-2006 was quite brisk, third quarter 2003 after the cut was phenomenal. Negative growth didn't happen until third quarter 2007. It wasn't Clinton- or Reagan-era growth, but it was growth for sure. Unemployment dropped from 6% when the 03 tax cut happened to 4.5 by 2007.