Alternate take: The CBO estimated the $1.5 trillion with all those loopholes and boost forecasts. All that is factored in. Bush ballooned the debt not only wi

Alternate take: The CBO estimated the $1.5 trillion with all those loopholes and boost forecasts. All that is factored in. Bush ballooned the debt not only with his wars but also with a massive tax cut. That tax cut led to a period of weak growth and culminated in the biggest recession of our generation. Obama inherited that collapsed economy. His deficits were caused by the recession's drooping tax revenues, extensions of Bush's tax cuts, the stimulus (which also cut taxes), and continuing Bush's increased military budgets. This produced another period of weak growth but left the economy in relatively decent shape which Trump is now taking credit for without having passed his first budget or major law yet. All we've had over the past generation is tax cuts. And. They. Don't. Work. They increase the deficit, don't boost the economy, increase inequality, and make our institutions weaker. But here we are going for another round of the same medicine: tax cuts and increased military spending.