Um, they didnt?If tax cuts and deregulation make the economy take off, then why did the economy take a dive after 8 years of tax cuts and deregulation?
The economy took off from 2001 to 2007.
No, the economy spent itself into bankruptcy. There was no net job creation. The budget deficit, the national debt, and credit exploded
Uh, no. Again.
The economy did well. Unemployment did not exceed 5.5% and was much lower than that. With immigrants and people entering the workforce that means the economy had to generate new jobs. In fact we did. The "no net creation" meme comes from comparing jobs in 2008 to 2001. From 2001 to 07 there was huge creation.