Actually, it worked well. 2007 was the best year for tax income to the federal government so money was rolling.<quoted text>Cutting tax rates puts more money in Swiss and Cayman Island accounts. Next I suppose you are going to tell us all about the Bush Tax cuts creating jobs in America. The US had the lowest tax rates in its history for 10 years. How'd that work out for America?
Too bad you Democrats caused the housing problem with your irresponsible lending & Obamacare so hiring came to a halt. Now the system is back to lending to people that can actually pay.
If we could just stop you Democrats from spending now, things would be better. Unfortunately, the future does not look good with Obama the Clown in office.
I guess collectively (you love that word, right?) we will get what we deserve which is decline.