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Response to benld74 (Original post)

Fri Nov 2, 2012, 08:16 AM

18. Huff Post did a nice write-up on it as well

citing the NYT article - http://www.huffingtonpost.com/2012/11/01/congressional-research-service_n_2059156.html?utm_hp_ref=mostpopular

This should get way more attention than it is. If a majority of the undecided electorate are truly basing their decision on the economic concerns, then this should be a big deal. To be honest one would think at this point that the actual truth of the matter would be common sense, as we have had other data prior to the report that discredits "tax cuts for rich = job creation" or even "tax increase to rich = less jobs".

Here is an article written by Rick Unger in Forbes (7/17/2012) - http://www.forbes.com/sites/rickungar/2012/07/17/the-truth-about-the-bush-tax-cuts-and-job-growth/

"Putting more money in the pockets of the wealthy may create a few jobs for the foreign bankers who get to count the extra money funneled into into the off-shore accounts of the rich, but there is nothing in the way of actual data to support the notion that putting more money into the pockets of the wealthiest Americans will inure to the benefit of those looking for work."

Or Ezra Klein dimanteling the myth that tax increase to the rich would hurt small businesses - http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/07/20/does-raising-taxes-on-the-rich-hurt-small-businesses/

Henry Blodget'as article from Business Insider (Dec 12, 2011)

"Rich people don't create the jobs.
Our economy creates jobs.
We're all in this together. And until we return to more reasonable tax policies that help the 99% instead of just the 1%, our economy is going to go nowhere."

Read more: http://www.businessinsider.com/rich-people-do-not-create-jobs-2011-12#ixzz2B4CoHDQk

It may not be an official study like the CRS report, but according to Romney, this would be a legit "study".

It's not enough that the GOP has practiced obstructive governance as a political game (while the economy was on the verge of collapse until today), or that they have relied on lies and misinformation to distort the truth, actively pursued to undermine the core values of any democratic system (universal suffrage and free and fair elections), practiced blatant race baiting and class conflict, attempt to buy an election with dark PAC money, or politicize sensitive national security concerns at the worst of times. Nope, to top it off, they are suppressing knowledge. I can only wonder how this report could of impacted on the election had it been released back in September. How any person, even remotely intelligent,could support a Romney/Ryan presidency is beyond me.

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