"The financial crisis should not become an excuse to raise taxes, which would only undermine the economic growth required to regain our strength"
- George W. Bush
About this Quote
This quote by George W. Bush is emphasizing the significance of financial development in order to recover from the monetary crisis. He is recommending that raising taxes would be counter-productive and would only even more compromise the economy. He is suggesting that rather of raising taxes, the federal government should concentrate on promoting financial growth through other methods. This might consist of investing in facilities, supplying tax rewards to services, and encouraging consumer costs. By doing this, the federal government can help to develop tasks and increase economic activity, which will help to restore the economy to its pre-crisis state. Eventually, Bush is recommending that raising taxes is not the response to the financial crisis, and that other steps should be taken to guarantee financial growth.
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