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Can someone explain how the bush tax cut extensions will create jobs, when we have had them for

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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 12:33 PM
Original message
Can someone explain how the bush tax cut extensions will create jobs, when we have had them for
several years and the job market has gotten worse not better


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October Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 12:34 PM
Response to Original message
1. kick!
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stray cat Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 12:34 PM
Response to Original message
2. The 1000 dollars to most of us from not paying in to SS?
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bvar22 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 01:13 PM
Response to Reply #2
9. The next step in the destruction of Social Security...
..traded away for maybe a handful of jobs.

The Working Class can't stand too many "victories" like this one.


We WON!!!
Hahahahahahahahaha!!!

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Nite Owl Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 12:37 PM
Response to Original message
3. Stop questioning
we are supposed to just 'believe'.
When the GOP says it we are supposed to gripe and point out the facts but not so much now. Shhhh
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Goldstein1984 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 12:39 PM
Response to Original message
4. The "recovery" is a house of cards
Edited on Thu Dec-09-10 12:40 PM by Goldstein1984
They know tax cuts won't create jobs. They're afraid that any negative vibe will precipitate the inevitable--the collapse of an economy being held together by blind faith in lies.
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Quantess Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 12:41 PM
Response to Original message
5. Rhetorical question.
Everyone with an IQ above room temperature should be able to share your reasoning.
But I guess it can't be stated too often. :)
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DenverDad Donating Member (305 posts) Send PM | Profile | Ignore Thu Dec-09-10 12:44 PM
Response to Original message
6. I think that even the people espousing that the tax-cut
will create jobs probably don't actually believe it. There is just too much empirical evidence to the contrary. This is just the talking-point that congressional Republicans put in order for the hate-talkers to convince their sheeple to support ANOTHER policy not in their best interest.
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soryang Donating Member (642 posts) Send PM | Profile | Ignore Thu Dec-09-10 01:43 PM
Response to Reply #6
11. It's not just empirical evidence, progressive tax rates stimulate
Edited on Thu Dec-09-10 01:46 PM by soryang
...the economy. That is the whole principle behind progressive taxation on wealthier incomes. Tax credits and deductions for business investment have virtually no stimulative impact if they are not accompanied by increases in tax rates on the capital investing class. Investment tax credits reduce higher marginal rates of taxation. The principle behind it is called, "Use it or lose it." Without substantially increased rates of progressive taxation at higher incomes, the downward spiral in employment and manufacturing will continue. The wealthy will just continue to hoard and speculate with the hedge funds and wall street hucksters.
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Autumn Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 12:47 PM
Response to Original message
7. I believe many jobs were created, but they were secretly
only given to republicans. That is why there are no unemployed republicans.







:sarcasm:
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dennis4868 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 12:52 PM
Response to Original message
8. here are some good links that answer your question....
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Spike from MN Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 01:28 PM
Response to Original message
10. That's easy.
Millions of jobs were created by the tax cut but they were all lost because of the Wall Street bailout. Well, at least that's what a Fox Snooze viewer at my health club told me. And I know he's right because he also said unemployment under Reagan was 3%. :rofl: Uh, it averaged 7.5% and peaked at 10.8% but I couldn't convince him of that. I guess come people just can't handle the truth.

With idiots like him making all of $20,000/year (if that) and going against their own interests by advocating for tax cuts for the rich, it's no wonder this country is where it's at.
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DCKit Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 07:42 PM
Response to Original message
12. As if it's our fault you fail at magical thinking.
Get with the program.
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Parker CA Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 07:44 PM
Response to Original message
13. They won't. It's another heaping load of BS, but this is DU and we all know this. nt
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DeSwiss Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-10 08:00 PM
Response to Original message
14. I could.....
...but before I finished, we'd both probably be insane as a result. First however, you need to know that economics is a Latin derivative for the word "equina-feces." Also called horseshit. :sarcasm:

Basically though, all you need to know is that the fractional banking system operating through the fictional institution called "The Federal Reserve Bank" -- and upon which this whole economic house of cards rests, is the same thing as making money from thin air. In fact that's exactly how they do it!!!

It's really just so many pixels on someone's computer screen. It's all virtual. Abstract Ideals. You know, like Obama's "Hope & Change" memes.

- And that's how jobs are created from trickling (AKA - getting pissed upon): MAGIC!
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