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Obama, GOP and Jobs
Daryl Cagle, MSNBC.com
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3 Responses to “Obama, GOP and Jobs”
This is the story in a nut shell, is it not?
Lets not forget, that George W. Bush, and his Republican party cut taxes for the “job creators” early in his term as president by massive amounts. It didn’t do squat for job creation. Furthermore the Republicans keep saying that this is some kind of an “economic theory” by which cutting taxes creates jobs. WHAT THEORY?!
Cutting taxes never has created any jobs. I mean sweet Jesse Ventura, PLEASE get a clue!
@Allen:”Furthermore the Republicans keep saying that this is some kind of an “economic theory” by which cutting taxes creates jobs. WHAT THEORY?!”
Keynesian. A slightly different corollary, but the exact same theory, that the Democrats are using.
prof-
Yes but the nation is not overtaxed. If it was overtaxed I could understand how cutting taxes would relief investment burden. But there is NO burden, just a perception of low opportunity somehow translated into excessive risk.