>>Do you recall that small businesses
>>thrived, unemployment was low, and
>>millions of jobs were created in the
>>1990's under Clinton?
Yes, but one might argue that it wasn't because of President Clinton but rather in spite of him. He wasn't a bad president, but it takes more than one man to make/break an economy. During those years, there were many factors that contributed to the great economy, and I think it's a bit, well, naive to believe that it was because of who was president at the time.
The internet, for example, was one of the contributing factors, welfare reform (which was signed by B.C.), and many other things went really well during the 90s. Unfortunately the next decade had a few problems and were, of course, blamed on President Bush. Don't get me wrong... I am a republican, but I'm well aware of Pres. Bush's shortcomings and mistakes. Hope that we all learned something from them.
I don't think a Tax increase by itself is going to destroy the country, but I think a combination of things and one or two disasters could.
And regarding taxes in general, I believe in principle that anyone at all that is paying taxes should be fairly taxed and not taxed based on "from each, according to his ability" which is what spreading the wealth is.
Just my opinion.
Where's the Press Release called Obama Apologizes to Nancy Reagan? :-)