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So how many jobs did these taxpayer subsidized super millionaires create

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ShockediSay Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 07:07 PM
Original message
So how many jobs did these taxpayer subsidized super millionaires create
Edited on Thu Nov-11-10 07:10 PM by ShockediSay
in the last eight years? The Right Wing Propaganda Machine tells us they need these tax cuts "so they can create jobs."

FACT: they trashed our economy by blowing bubbles as they lined their pockets.

Blowing bubbles? Try the housing bubble, the debt bubble, the stock market bubble, the economy bubble, all of which busted our backs.

The Right Wing Propaganda Machine (funded by these corporate money super millionaires who don't want to pay tax on their profits at our expense) tell us a recession is not the time to raise taxes.

FACT: these corporate funded super millionaires are paying less tax %wise than they have in over 50 years. How about one step back to balance, normalcy and yes, sanity.

The corporate money super millionaire Right Wing Propaganda Machine tells us we need to cut the deficit.

FACT: When Reagan faced a down economy, he ended up doubling our national debt and growing the size of government. Bush redoubled it.
PLUS another super millionaire tax break will add tens of billions of dollars to our deficit, at the expense of US.
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Angry Dragon Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 07:09 PM
Response to Original message
1. Kings and serfdom
We are one step away
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hobbit709 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 07:09 PM
Response to Original message
2. They probably hired some illegal immigrant housekeepers and gardeners.
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immoderate Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 07:12 PM
Response to Original message
3. Gimmee one more chop at the golden goose...
This time it'll work.

--imm
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sabrina 1 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 07:23 PM
Response to Original message
4. If you really want an answer to that question
you can find it here http://journals.democraticunderground.com/sabrina%201/121. I was hoping this would be a huge issue during the campaign since the figures demonstrate the terrible cost of the Bush Tax Cuts clearly.

Just on jobs (and if you click the link to the long article there are charts etc to back up the claims). But just a small look at this 'creation of jobs' claim, because of tax cuts for the wealthy:

The tax cuts did not spur investment. Job growth in the George W. Bush years was one-seventh that of the Clinton years. Nixon and Ford did better than Bush on jobs. Wages fell during the last administration. Average incomes fell. The number of Americans in poverty, as officially measured, hit a 16-year high last year of 43.6 million, though a National Academy of Sciences study says that the real poverty figure is closer to 51 million. Food banks are swamped. Foreclosure signs are everywhere. Americans and their governments are drowning in debt. And at the nexus of tax and healthcare, Republican ideas perpetuate a cruel and immoral system that rations healthcare -- while consuming every sixth dollar in the economy and making businesses, especially small businesses, less efficient and less profitable.
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ShockediSay Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-13-10 12:59 AM
Response to Reply #4
6. Kudos
Edited on Sat Nov-13-10 01:15 AM by ShockediSay
I'm referencing your link and sending outtakes (with attribution) to my Democratic congressman who caved on the tax cut for super millionaires. As a result, I did not vote for him.

Your writing deserves the widest publication.
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sabrina 1 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-13-10 01:16 PM
Response to Reply #6
8. Good luck with your congressman. I wondered if Congress knew
about these reports because I have not heard Democrats deny the claim that those tax cuts created jobs. Which is why I looked it up myself. However, Keith Olbermann addressed a few nights ago with a guest who stated that he did report these facts to Congress. So they do know.


I just posted another OP on the subject showing that this was just one of many reports all saying the same thing, that the Bush Tax Cuts did not create jobs. It is in my journal if you are interested, the first entry titled 'The Terrible Cost of the Bush Tax Cuts'.

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Uben Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-11-10 07:25 PM
Response to Original message
5. tens and tens!
Some estimate up to thirty or better.
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Hannah Bell Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-13-10 03:44 AM
Response to Original message
7. we lost jobs over the past 10 years, so MINUS ZERO.
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