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Quotes - Dubya the Economist (2006) (Dubya's grasp of economics on full display)
We have proven that you can keep taxes low, achieve other objectives, and cut the deficit.
I'm not sure if you can reasonably claim responsibility for cutting the deficit when you oversaw its creation (and it still exists), White House, Dec. 20, 2006 This morning my administration released the budget numbers for fiscal 2006. These budget numbers are not just estimates, these are the actual results for the fiscal year that ended February the 30th.
Dubya releases budget numbers for a fiscal year that apparently ended on a fictional date, Washington, D.C., Oct. 11, 2006 When you cut the taxes and you grow your economy, more revenues come into the Treasury. And it looks like we're on track to balance our budget by 2008
The White House added a comment next to this on the official transcript stating that they were on track to cut the budget deficit in half by 2008, not eliminate it. Close enough, right? Washington, D.C., Jul. 27, 2006 Today OMB Director Rob Portman released the latest review. I'm pleased to report that it's got some good news for the American taxpayer. This economy is growing, federal taxes are rising, and we're cutting the federal deficit faster than we expected.
Oops. White House, Jul. 11, 2006 The best way to deal with the deficit is keep taxes low.
Wasn't reducing taxation on the richest 1% what helped cause the deficit in the first place? Washington, D.C., Feb. 27, 2006 See, one of the problems we've had that shows — what we found out in New Orleans there's not — there wasn't a lot of — we take — some things we take for granted like the generations passing assets from one generation to the next just didn't happen in the African American community, and should. We ought to encourage — we take that for granted, don't we? Some of us do. You know, you pass the house on. A lot of these people didn't own their own homes. A lot of them didn't have checking accounts. And yet one of the things we ought to encourage is systems — is reforms that enable somebody to own something so they can pass it on to their child. It's part of creating stability and healthy families and strength. And so I want to be known as an ownership guy.
The ownership guy becomes incredulous at the idea that some of "these people" don't have wealth to hand down to their children, Sterling, Virginia, Jan. 19, 2006 I can't imagine a tax code that penalizes marriage. It seems like to me we ought to be encouraging marriage to our tax code.
Dubya proposes something interesting here in a discussion on the economy, Chicago, Illinois, Jan. 6, 2006
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