Why aren't the Bush Tax Cuts Working?

[NYcarbineer]

They were extended 8 months ago, when Obama caved in to the GOP's demands.

Weren't they supposed to create jobs? Wasn't another 800 billion dollar's worth of budget busting supposed to be worth it,

for the jobs?

 

[OODA_Loop]

Need more tax cuts.

 

[iamwhatiseem]

boooooooosssssshhhh

 

[NYcarbineer]

Will I my bet that no one on the Right will have an intelligent answer??

 

[bitterlyclingin]

Try 600 new regulations per month. The economy ends up acting like Gulliver in Lilliput as a result while Lisa Jackson rides roughshod over the workers, managers, and shareholders.
The Administration feels that no matter how much you tax or regulate the economy, the economy will just keep chugging along as if nothing had ever happened.
Constrict the supply of gas to your generator as severely and watch what happens.

 

[OODA_Loop]

More money in pocket = more money to spend.

 

[Wiseacre]

A. There were no tax cuts, instead they decided not to raise taxes. Which as you no doubt know, was what would have happened if they had not extended the BTCs. It done by Pres Obama and the dems before the GOP took control of the House, if you don't like it, blame the Dems. But even Obama himself said that to raise taxes in this environment would have been a bad idea.

B. Nobody promised more jobs when the BTCs were extended, it was done to preclude further loss of jobs and head off another recession. That 700-800 billion that the BTCs cost for the top income earners is spread over 10 years, seems like you're trying to imply the entire cost should have an immediate effect.

 

[OohPooPahDoo]

Try 600 new regulations per month.

Guess again.

 

[flacaltenn]

Ya know NYCarbo -- EXTENDING a tax cut does not neccesarily have a cheery effect to get things moving. At least not the same as a vote that would have SOME economic stimulus to it.. It simply WASN't a tax cut by definition..

Secondly -- THE UNCERTAINTY of whether those cuts were gonna be extended contributes to all the malaise due to indecision of the Dem Congress (pre - nov 2010). Did they HAVE to wait to LAST MINUTE?

There's 2 possible explanations. But you're right --- I'm not a right-winger -- so maybe I don't count..

 

[OohPooPahDoo]

A. There were no tax cuts, instead they decided not to raise taxes. Which as you no doubt know, was what would have happened if they had not extended the BTCs. It done by Pres Obama and the dems before the GOP took control of the House, if you don't like it, blame the Dems. But even Obama himself said that to raise taxes in this environment would have been a bad idea.

B. Nobody promised more jobs when the BTCs were extended, it was done to preclude further loss of jobs and head off another recession. That 700-800 billion that the BTCs cost for the top income earners is spread over 10 years, seems like you're trying to imply the entire cost should have an immediate effect.

The Bush tax cuts were supposed to create jobs. They were passed in what, 2001-3? How long does it take?

 

[ColonialMarine]

They were extended 8 months ago, when Obama caved in to the GOP's demands.

Weren't they supposed to create jobs? Wasn't another 800 billion dollar's worth of budget busting supposed to be worth it,

for the jobs?

1. Where are all those "shovel ready" jobs Obama promised?
2. No company will expand when Obamacare's massive burdens on the employer are still lingering.
3. No company will expand when there is a "spread the wealth" president in office.

It's basically that with the Magic Negro in office the economy will stay stagnant.

Put down the New York Times and pick up The Wall Street Journal or go to Bloomberg.com if you want real macroeconomic analyses.

 

[Soggy in NOLA]

Will I my bet that no one on the Right will have an intelligent answer??

Try providing an intelligent premise.... you know, one other than Bbbuuuuussssshhhhhhhhhh... you might be surprised at what you get.

 

[OohPooPahDoo]

Try 600 new regulations per month.

Can we see a list?

 

[Rozman]

They were extended 8 months ago, when Obama caved in to the GOP's demands.

Weren't they supposed to create jobs? Wasn't another 800 billion dollar's worth of budget busting supposed to be worth it,

for the jobs?

Do you guys have any idea how many jobs were "saved" by the Bush tax cuts....
That's my answer.

If we have to give thanks daily to President Obama for the Stimulus and have to hear about all the jobs that were saved because of it reverse logic hold forth that the Bush tax cuts saved as many jobs....

 

[OohPooPahDoo]

They were extended 8 months ago, when Obama caved in to the GOP's demands.

Weren't they supposed to create jobs? Wasn't another 800 billion dollar's worth of budget busting supposed to be worth it,

for the jobs?

Do you guys have any idea how many jobs were "saved" by the Bush tax cuts....

How many?

 

[ColonialMarine]

Try 600 new regulations per month.

Can we see a list?

Granted: To Rule Means To Reign - Investors.com

 

[OohPooPahDoo]

Try 600 new regulations per month.

Can we see a list?

Granted: To Rule Means To Reign - Investors.com

I didn't see a list of regulations in that link.

 

[ColonialMarine]

Can we see a list?

Granted: To Rule Means To Reign - Investors.com

I didn't see a list of regulations in that link.

Research it yourself. Maybe Whitehouse.gov has a list.

BTW, Investors Business Daily is a highly respected publication. They don't lie.

 

[Wiseacre]

A. There were no tax cuts, instead they decided not to raise taxes. Which as you no doubt know, was what would have happened if they had not extended the BTCs. It done by Pres Obama and the dems before the GOP took control of the House, if you don't like it, blame the Dems. But even Obama himself said that to raise taxes in this environment would have been a bad idea.

B. Nobody promised more jobs when the BTCs were extended, it was done to preclude further loss of jobs and head off another recession. That 700-800 billion that the BTCs cost for the top income earners is spread over 10 years, seems like you're trying to imply the entire cost should have an immediate effect.

The Bush tax cuts were supposed to create jobs. They were passed in what, 2001-3? How long does it take?

You should check the BLS employment numbers from 2003 - 2008. Up until the shit hit the fan, those tax cuts worked pretty well.

 

[DontBeStupid]

Will I my bet that no one on the Right will have an intelligent answer??

Shit, I'm a liberal and I can give you an intelligent answer.

Oh wait, you asked on the Right.

My bad.