Which has had a greater economic impact tax cuts or home re-financing?

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Virtually anyone who is a homeowner gets bombarded every day by junk mail, spam, TV and radio ads associated with mortgage re-financing this has resulted in Americans re-structuring their loans in massive (record) numbers allowing them to use their property like ATM machines.

Because the cash freed up by these actions have generated thousands of dollars more than the income tax cuts, how can Bush supporters claim that the strong economy was the result of Bush's policies?

Which has had a greater economic impact tax cuts or home re-financing?

Your not a homeowner if you still pay a monthly mortgage! It is unwise to use your unpaid or paid for home as a source of financing loaned money for any reason! In the past 25 years a new vein of corruption has grown where everyone and their cousin is a mortgage broker and/or sells real estate! This has caused home values because of high turnover become out of reach for the average income earner! Once again no benefits to the commoner all victimization! Mortgage lenders,title company's and lawyers are mostly who benefit from this corruption.

Which has had a greater economic impact tax cuts or home re-financing?

Bush's tax cuts are for the wealthiest of Americans only. They don't benefit. But the RIGHT has always loved telling the story that the poor are happiest when the rich are richest. Go figure. Yea dude, your right, that's how everyone I know made some cash. Low interest rates + Home Refinancing. That of course is going to hit a brick wall with home sales bottoming out, home prices so high in many areas the middle class "professionals (cops, teachers, nurses, etc. . ..) can't afford to buy, and our gentle loving President slowly prodding and encouraging interest rates UP UP UP for his banking buddies who pay LESS LESS LESS. You know, that's why I'm a deadbeat. LOL

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Which has had a greater economic impact tax cuts or home re-financing?

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