General Discussion
In reply to the discussion: Not since LBJ [View all]hfojvt
(37,573 posts)rather than saying "no" difference.
The trouble I have with Clinton and Obama is that they did not even TRY to combat Reaganomics - in fact, they largely embraced and promoted it. Clinton campaigned on a tax cut and attacked Bush Sr. for raising taxes. Obama practically took the Norquist pledge to not raise taxes. Call it the Norquist-lite pledge, no tax increases for people making less than $250,000 a year.
The Bush tax cuts were set to expire - twice. Obama could have killed Reaganomics II simply by doing nothing. Instead he worked to make most of them permanent, and lied in our faces twice, calling it a great victory.
Yeah, permanent tax cuts which favor the rich - what a victory for equality. He had to do that for some reason, even after he just got re-elected? (so the BS excuse of "but he has to get re-elected" is not in play.)
And there was Clinton in his 2nd term, signing a tax cut for the rich. The ghost of Reagan made him do it?