Blair bashes Bush tax logic

You can't cut taxes and increase spending at the same time? WHAT?! In this clip, British Prime Minister Tony Blair gives a crash course on the logic of taxes, claiming that no "alchemy" exists between cutting and spending at the same time. He states, "There's no way we could have made huge investments in schools and hospitals...and pursued massive cuts in income taxes at the same time." Since Bush has been trying to spin fiscal gold for the past eight years, we can only hope he tuned in for the lesson in logic. Phrases Bush should pay particular attention to: expecting to cut taxes and increase spending is "completely unrealistic" because "it never quite works like that." Blair concludes: "You just can't do it." Got it, Dubya?

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