SniperFire
Senior Member
Obama has added 4.1 million jobs since 2009.
Owebama will be the first ever POTUS to inflict a net job loss on America.
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Obama has added 4.1 million jobs since 2009.
Obama has added 4.1 million jobs since 2009.
Owebama will be the first ever POTUS to inflict a net job loss on America.
The Bush tax cuts for the wealthiest five percent of Americans cost the U.S. Treasury $11.6 million every hour.
Obama has added 4.1 million jobs since 2009.
Owebama will be the first ever POTUS to inflict a net job loss on America.
Next.
Owebama will be the first ever POTUS to inflict a net job loss on America.
Next.
Facts, as they say, are a real mofo.
A belief that government is entitled to an income is one of the greatest fallacies perpetrated on the citizens since the ratification of the 16th Amendment.
A belief that government is entitled to an income is one of the greatest fallacies perpetrated on the citizens since the ratification of the 16th Amendment. Today, it is often asked, "How can we pay for these tax cuts?". In fact, tax cuts do not need to be paid for simply because the government is required to live within its means. This, simply stated, means that if taxes are lowered, then government MUST cut spending to match the reduced income; unless the lowered taxes bring more tax receipts to the treasury.
An increase in tax revenues from increased business activity offsets and cancels any perceived losses that could have been collected from the tax cuts.
Additionally, deficits are caused by spending beyond the means of income.. Borrowing to finance budgets beyond the income level accrued is a multiplier to debt, thereby causing it to increase in a compounded manner.
Next.
Facts, as they say, are a real mofo.
10,000 Americans a day are retiring.
Next.
Not really a surprise.DWYER: Bush tax cuts boosted federal revenue - Washington Times
But the real jolt for tax-cutting opponents was that the 03 Bush tax cuts also generated a massive increase in federal tax receipts. From 2004 to 2007, federal tax revenues increased by $785 billion, the largest four-year increase in American history. According to the Treasury Department, individual and corporate income tax receipts were up 40 percent in the three years following the Bush tax cuts. And (bonus) the rich paid an even higher percentage of the total tax burden than they had at any time in at least the previous 40 years. This was news to theNew York Times, whose astonished editorial board could only describe the gains as a “surprise windfall.”
Lose jobs
lose wall street wealth
you lose taxable income
Not Tax Policy as this was proved as well as job growth until the credit bubble busted
You wonder why BHO has ignored those jobs in this jobless recovery?
Tax cuts stimulate business growth. Business growth turns into more revenues and more revenues means more taxes.
I is astonishing that the economy grew all through Bushes term, but the economy began to sicken and die when Democrats were elected in 2006. By the end of Bushes term, the Democrats has managed to destroy 5 solid years of growth. We still haven't recovered from their mismanagement of government to this day.
The backdrop to this report is an economy that is still facing a significant jobs deficit. During the Great Recession, the US lost more than 8.84 million private sector jobs, and to date has only managed to reduce that deficit by 1.26 million. Fully 13.9 million workers are still unemployed, nearly half of them for more than six months. Job creation, then, is still an urgent and immediate need for our economy.
At the same time, given that the last 12 months saw a net gain of more than a million jobs, it is important to begin to track the emerging recovery. We find the following:
In the private sector, there is a striking imbalance between where the recessions job losses occurred, and where the growth of the past 12 months was concentrated:
- Lower-wage industries constituted 23 percent of job loss, but fully 49 percent of recent growth
- Mid-wage industries constituted 36 percent of job loss, and 37 percent of recent growth
- Higher-wage industries constituted 40 percent of job loss, but only 14 percent of recent growth
The current recovery looks worse than the jobless recovery of the 2001 recession, on several fronts:
- After a year of positive job growth, the private sector after the 2001 recession had recovered almost half (47 percent) of the jobs it had lost. By contrast, to date the private sector has recovered only 14 percent of the jobs it lost during 2008 and 2009.
- The early job growth following the 2001 recession was more balanced than the early job growth following the 2008 recession, with significantly more growth in higher-wage industries.
There is no proof that the stimulus worked, only speculation. The country would have recovered without the borrowing, and likely sooner than it has to date.A belief that government is entitled to an income is one of the greatest fallacies perpetrated on the citizens since the ratification of the 16th Amendment. Today, it is often asked, "How can we pay for these tax cuts?". In fact, tax cuts do not need to be paid for simply because the government is required to live within its means. This, simply stated, means that if taxes are lowered, then government MUST cut spending to match the reduced income; unless the lowered taxes bring more tax receipts to the treasury.
An increase in tax revenues from increased business activity offsets and cancels any perceived losses that could have been collected from the tax cuts.
Additionally, deficits are caused by spending beyond the means of income.. Borrowing to finance budgets beyond the income level accrued is a multiplier to debt, thereby causing it to increase in a compounded manner.
Borrowing was necessary to save the country from a deflationary spiral.
The stimulus worked.
You cherry pick one sector and then lay claim that it is the entire economy, and then have the gall to call Me an idiot?Not really a surprise.DWYER: Bush tax cuts boosted federal revenue - Washington Times
But the real jolt for tax-cutting opponents was that the 03 Bush tax cuts also generated a massive increase in federal tax receipts. From 2004 to 2007, federal tax revenues increased by $785 billion, the largest four-year increase in American history. According to the Treasury Department, individual and corporate income tax receipts were up 40 percent in the three years following the Bush tax cuts. And (bonus) the rich paid an even higher percentage of the total tax burden than they had at any time in at least the previous 40 years. This was news to theNew York Times, whose astonished editorial board could only describe the gains as a surprise windfall.
Lose jobs
lose wall street wealth
you lose taxable income
Not Tax Policy as this was proved as well as job growth until the credit bubble busted
You wonder why BHO has ignored those jobs in this jobless recovery?
Tax cuts stimulate business growth. Business growth turns into more revenues and more revenues means more taxes.
I is astonishing that the economy grew all through Bushes term, but the economy began to sicken and die when Democrats were elected in 2006. By the end of Bushes term, the Democrats has managed to destroy 5 solid years of growth. We still haven't recovered from their mismanagement of government to this day.
Growth? Junk mortgages? Housing bubble is growth?
Increased wages is growth.
Improved infrastructure is growth.
INcreases in non retail or govt jobs is real growth.
Only idiots would blame this all on the Dems.
Yes they played a part but no larger than the repubs did.
And this problem was building ever since Reagan proved the defecit did not matter and the US kept hemmoraging jobs overseas.
It's a fallacy to say that tax cuts pay for themselves. They don't.
DWYER: Bush tax cuts boosted federal revenue - Washington Times
But the real jolt for tax-cutting opponents was that the 03 Bush tax cuts also generated a massive increase in federal tax receipts. From 2004 to 2007, federal tax revenues increased by $785 billion, the largest four-year increase in American history. According to the Treasury Department, individual and corporate income tax receipts were up 40 percent in the three years following the Bush tax cuts. And (bonus) the rich paid an even higher percentage of the total tax burden than they had at any time in at least the previous 40 years. This was news to theNew York Times, whose astonished editorial board could only describe the gains as a surprise windfall.
Lose jobs
lose wall street wealth
you lose taxable income
Not Tax Policy as this was proved as well as job growth until the credit bubble busted
You wonder why BHO has ignored those jobs in this jobless recovery?
And yet Wages were essentially stagnant and this is a consumer spending based economy.
Andf even with such growth in revenues Bush still overspent by around 5 trillion.
Not really anything to be proud of.