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How to Lose Over a Million Jobs: Sacrifice Investments to Cut Taxes for the Rich

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JohnWxy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-08-10 05:48 PM
Original message
How to Lose Over a Million Jobs: Sacrifice Investments to Cut Taxes for the Rich
http://www.epi.org/publications/entry/pm171

Republican House Minority Leader John Boehner recently proposed a two-step job creation plan consisting of a full extension of Bush-era tax changes and cuts to domestic spending. His plan calls on Congress to cut non-security related spending back to fiscal year 2008 levels and to enact a two-year freeze on all current tax rates.

Rep. Boehner claims these two policies will drive job growth more than any proposal of President Obama’s. However, we find that this proposal would have a devastating impact on the struggling U.S. labor market while negligibly improving the fiscal outlook.
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abluelady Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-08-10 06:31 PM
Response to Original message
1. Where were jobs Created Under Bush
Under President Bush, when the rich didn't pay taxes, we know there wasn't large job creation. Why do the Republicans think there will be jobs created in the future?
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JohnWxy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-08-10 06:35 PM
Response to Reply #1
2. They will be created .......in China, India, SE Asia... they didn't say WHERE they's be created.
Edited on Mon Nov-08-10 06:38 PM by JohnWxy
Republicans will say absolutely ANYTHING TO GET ELECTED.


...oh, where were they created in Bush administration (all 1.5 million of them over 8 yrs)?... in Wall Street banks and predatory lenders. Big growth areas during the housing bubble. Of course, many of those who are out of jobs now are among those who got jobs in these areas.






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abluelady Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-08-10 06:46 PM
Response to Reply #2
4. Exactly
And nobody questions them. Wonderful to have a liberal media isn't it?:sarcasm:
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Crunchy Frog Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-08-10 06:37 PM
Response to Original message
3. How about we agree to give it a two year try
and if it doesn't work, then they agree to bring the tax rate for the rich back to what it was under Eisenhower.
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