Isn't it marvelous how the bush tax cuts should have never existed but now we need them?

But democrats are attempting to remove them. The bush tax cuts, the war on terrorism, de-regulation and easing credit rules led to the global recession. The bush tax cut, de-regulation and weak credit rules directly contributed to a bubble. In conjunction with the previous point and the war that contributed to the budget deficit. Honestly I think we need to extend the tax cut for about 2 more years. I understand the more money individuals have, first they will (ideally) pay down debt, improving credit on the national level (hopefully) and invest money in the economy. Yes, there will be people who save their income. BUT companies with additional capital will hire and expand stimulating growth. BUT deficits are nothing more than deferred taxes, I do believe taxes WILL have to rise in the near future but now is not the time. There is also the fact the extended tax cut will increase our deficits. Realistically the fed will not cut spending especially medicare, medicaid, and welfare (too detrimental to society). But I do wish we end this pernicious war, we need a strong defense not offense.