Monday, June 29, 2009

Creigh Deeds Says McDonnell Backs Bush Economy

MONDAY PRESS RELEASE: Friday before a gathering of Boys State Delegates, Bob McDonnell demonstrated the clear contrast between himself and Creigh Deeds.  Praising George W. Bush’s handling of the economy, McDonnell touted “economic recovery and economic growth” under President Bush and said “that’s the kind of governor that I’m going to be.”

“President Bush put in a ten-year tax-cut on everything from the death tax to capital gains tax and it was followed by an unprecedented period of economic recovery and economic growth. In fact, it almost overheated the economy through about 2006.  So, I think that’s the way you stimulate business. And that’s the kind of governor that I’m going to be to reduce those impediments to entrepreneurship, to let small businesses grow and thrive and create some opportunity.”  [Bob McDonnell Boys State Speech, 06/26/09:  Youtube: http://www.youtube.com/watch?v=Y9PZq754Dqg]


“Bush’s policies left Virginia with the highest unemployment rate in 26 years, more than 18,000 bankruptcies, and 24,000 foreclosures,” said Deeds for Virginia Campaign Manager Joe Abbey.   “Now Bob McDonnell is threatening to deliver the kind of results that Bush produced in Washington, DC.  Virginia needs a Governor in the mold of Mark Warner and Tim Kaine who will be honest about the challenges we have, bring people together regardless of ideology or political party and move forward with an open, commonsense way of solving problems, not one who will take us back to the days of Bush economics.”

BOB MCDONNELL: BUSH’S LAST FAN ON THE ECONOMY?

McDonnell on Bush:  “That’s the kind of Governor I’m Going To Be”

Speaking in front of the 2009 Virginia Boys State Convention, McDonnell said, “President Bush put in a ten-year tax-cut on everything from the death tax to capital gains tax and it was followed by an unprecedented period of economic recovery and economic growth. In fact, it almost overheated the economy through about 2006.  So, I think that’s the way you stimulate business. And that’s the kind of governor that I’m going to be to reduce those impediments to entrepreneurship, to let small businesses grow and thrive and create some opportunity.”  [Bob McDonnell Boys State Speech, 06/26/09]

McDonnell Praised Bush’s Economic Achievements

In 2006, acting as a surrogate for Sen. George Allen on PBS’ NewsHour with Jim Lehrer, McDonnell said, “But certainly, because of the Iraq war, we haven’t been able to put this incredible focus on the major economic achievements, with gas prices being down a buck in the last month, record stock market, and all these other important things that people are not focusing on.  And if they would, I think the Republicans would do much better.”  [PBS The NewsHour with Jim Lehrer, 11/02/06] 

McDonnell Cited Bush Economic Policy in Opposing 2004 Warner Budget

Speaking on the floor of the state House during the 2004 budget stalemate, McDonnell expressed support for “an interim, stopgap budget that would fund state operations for one year.”

 

 

 

He said, “Well now we find our self in the post-Clinton era recession of 2000-2003.  We’ve got the Bush tax cuts that have now begun to get this economy moving again.  I know you don’t like to know history, but that’s exactly what’s happened ladies and gentleman.  So here we are, déjà vu all over again 11 years later, and I would suggest to you that we’re taking a similar responsible approach in not saying that we need the largest tax increases in Virginia, but with some other adjustments to our revenues that we can get through this and provide core services.  So ladies and gentleman I would suggest to you that this is a responsible approach.  It does show that in the absence of the ability of the senate to come to some reasonable measure of where the house is that the only way we can provide certainty for the people in local government is to pass a bill of this measure and of this nature, and so I hope that you would prefer certainty over tax increases and pass this bill to provide continuity for local government, thank you.”  [AP, 03/30/04 and Del. Bob McDonnell Floor Speech, 3/30/04 Special Session]

 

 

Posted By Valerie Garner

Categories: Election 2009, Politics, State Politics

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