I think tax cuts are a good thing. As far as I can tell none of the tax cuts are geared to creating jobs. Obama to announce new initiatives for middle class - Road Runner It seems that he is just trying to buy off the american people.
It looks like Obama is beginning to go in the right direction. He will probably pull a Bill Clinton pretty soon.... I knew all of our hollering would whip this guy into shape.
Doesn't look like any of those planned tax cuts will create a single job since most of them will probably be funded by taxing "the rich". -TSO
Tax cuts will help people already employed, but I don't see how tax cuts will help those who have been unemployed for a year or more and have no earned income to take the credits against.
Pitiful if that's the case the rich will just have to sit on those deflating dollars and watch them grow old and musty.
Some of you seem to forget that 2/3 of our economy is consumer spending. Anything the puts more money in the pockets of people who are going to spend it, will, create and save jobs at the places they spend their 'new' money.
Except that you and the administration assume that this money will get spent on anything other than paying their current bills. -TSO
No, these injections only stave off the problem for a month or two then the problem resumes. No amount of govt spending will bring us out of this.
Socialism only begets more Socialism. Too much Government really is a bad thing. Now they're trying desperately to micromanage and this will only lead to more economic catastrophes. First this President gives Billions in Tax Dollars to the "Evil Corporations" and now he's out there railing against these same "Evil Corporations." Just another Government shell-game. Unfortunately many sheep will buy into these scams. It really is sad.