Originally Posted by BigRedChief
was the question on how effective obamas tax cuts were?
Please answer the orginal question.
Just coming out with a tax cut doesn't mean it will be effective (in the way that Clinton's tax cuts were). Cash for clunkers spurred a lot of people to buy cars, but ultimately all it did was rob future sales and cost the government a lot of money to try to artificially create the illusion of growth in the auto industry.
My point was that Obama refuses to do those things that good presidents do. His tax cuts were created to be a talking point during the 2012 election instead of a way to create sustained growth.