[QUOTE=Hentor the Barbarian]
Okay, under what circumstances would a tax cut not be a good idea?
How about during a time of war - as far as I’ve heard, no civilization ever cut taxes while simultaneously going to war, until we did.
[/QUOTE]
I really don’t wish to get into a debate about the economics of various tax policies here. All I wished to point out is that just because you don’t see evidence of regard for the implication of the Bush tax cuts on future events, you are almost certainly wrong that such things were not considered. Your particular concerns may have been dismissed in favor of the concerns of Bush (and his advisors and campaign contributors), but they were almost certainly discussed and considered.
I won’t argue with that. Except to say that the Democrats had a chance when they controlled both the executive and the legislative branches to just such a thing. Their plan, however, was really to do nothing. Except say, “Hey! We’re gonna have a budget surplus soon. Social Security is safe for 40 years.” They, too, failed to undertake any actions which would continue to adequately fund Social Security in the event of an economic downturn. Whether Social Security is worthy of such efforts and funding is a whole other argument - one which I also won’t undertake here. Suffice it to say though, that perhaps the Bush advisors had a different priority (and/or plan) for the SS fund than you or the Democrats. Again, this would not mean funding Social Security was “disregarded.”