Why aren't the Bush Tax Cuts Working?

[rdean]

If they aren't working why did Barry extend them?

Now that's a good question. Obama wanted to extend the cuts for the middle class only and was counting on consumer spending. Trouble is, the middle class didn't spend and it doesn't take a rocket scientist to figure out why. Much of the middle class was/is living check-to-check thanks to almost four decades of flat wages, to extend the tax cut to them didn't give them more money to spend, it just kept them at the status quo. And the upper income tier with their extension also held the line for investing in creating jobs in America. But that same group invested in companies that were and are doing quite well by directing their growth overseas and creating jobs overseas.
So Obama went 0 for 2.

Bull shit. The reason you don't add a link is because what you say is weird speculation.

Spend a minute and go find out the fucking truth!

Senator Reed objected, noting that the Republican plan to permanently extend the Bush tax cuts gives the wealthiest Americans a $700 billion tax cut that is also not offset - and, unlike the employment benefit, would not expire.

Senate Republicans stepped up the pressure on tax cuts this week by signing a letter pledging to block all legislation on the floor until Congress resolves how to fund government for the current fiscal year and extend the 2001 and 2003 Bush tax cuts, now set to expire on Dec. 31.

Senate GOP says no Bush tax cuts, no unemployment benefits

WASHINGTON — President Obama announced a tentative deal with Congressional Republicans on Monday to extend the Bush-era tax cuts at all income levels for two years as part of a package that would also keep benefits flowing to the long-term unemployed, cut payroll taxes for all workers for a year and take other steps to bolster the economy.

Obama and G.O.P. Agree on Tax Cuts - NYTimes.com

By the end of this month 2 Million people will lose their Unemployment Benefits. And that is not counting the 99ers that have been living without unemployment for awhile now.

The GOP and some Blue Dog Dems are holding these people hostage to get Obama and the Congress to pass the Bush tax cut extensions for everyone. Obama and the Democratic Congress, minus the Blue Dogs would like to extend the cuts for the 98% that make under $250,000 a year.

The Republicans are saying that the tax cuts for the rich will help in job creation but the rich have had these cuts for about 10 years and there has been the greatest job losses since the Great Depression.

GOP Holding Unemployed Hostage to get Bush Tax Cut Extension

HOW DO PEOPLE FORGET SOMETHING THAT JUST HAPPENED A FEW MONTHS AGO? HOW IS IT POSSIBLE?

 

[Mr. Shaman]

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?

Obamacare.​

Get some....

....TODAY!!!!!

. . . . ​

 

[The T]

Congressional Spending. ONLY answer.

 

[rdean]

If they aren't working why did Barry extend them?

For the umpteenth time, Obama extended them because Republicans forced him to.

Republicans held unemployment for millions of Americans hostage just before Christmas. Obama just couldn't stand to see millions of Americans suffer.

Unemployment benefits: not until Bush tax cuts pass, Senate GOP says - CSMonitor.com

It wasn't that long ago. Look it up on the Internet.

Republicans don't give a shit about the American middle class. We see it in all their policies. From tax cuts for the wealthy, to cutting Medicare to the apology to BP and wanting the middle class to pay for the clean up. THEY DO NOTHING FOR THE MIDDLE CLASS! NOTHING! Obama's payroll tax cut was aimed right at helping the middle class. The Bush tax cuts had just enough to keep the Republican middle class from protesting. But it was really a tax cut for the wealthy. And most of it went to the wealthy no matter what those lemmings on this board say.

Republicans didn't force him Obama to do anything. Obama wanted to shower his voters with more handouts after they already had 99 weeks of them. These people have been on vacation for 2 years. Enough is enough.

What fucking handouts are you talking about? Unemployment benefits? What? The wealth of the nation has been moved to the top 5% and you are talking about "handouts"? What handouts? Subsidies for oil companies and tax breaks for corporations and billionaires are "Handouts". Can't you see that?

 

[Greenbeard]

It's okay, folks, they tabled the proposed ozone regs. We should be back at full employment in no time.

 

[Trajan]

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?

pathetic, simply pathetic.......change the conversation yup.

 

[Fyght]

For the umpteenth time, Obama extended them because Republicans forced him to.

Republicans held unemployment for millions of Americans hostage just before Christmas. Obama just couldn't stand to see millions of Americans suffer.

Unemployment benefits: not until Bush tax cuts pass, Senate GOP says - CSMonitor.com

It wasn't that long ago. Look it up on the Internet.

Republicans don't give a shit about the American middle class. We see it in all their policies. From tax cuts for the wealthy, to cutting Medicare to the apology to BP and wanting the middle class to pay for the clean up. THEY DO NOTHING FOR THE MIDDLE CLASS! NOTHING! Obama's payroll tax cut was aimed right at helping the middle class. The Bush tax cuts had just enough to keep the Republican middle class from protesting. But it was really a tax cut for the wealthy. And most of it went to the wealthy no matter what those lemmings on this board say.

Republicans didn't force him Obama to do anything. Obama wanted to shower his voters with more handouts after they already had 99 weeks of them. These people have been on vacation for 2 years. Enough is enough.

What fucking handouts are you talking about? Unemployment benefits? What? The wealth of the nation has been moved to the top 5% and you are talking about "handouts"? What handouts? Subsidies for oil companies and tax breaks for corporations and billionaires are "Handouts". Can't you see that?

Getting paid NOT to work is a handout. It is simple as that.

 

[L.K.Eder]

It's okay, folks, they tabled the proposed ozone regs. We should be back at full employment in no time.

did they lift the "no drill anywhere" thing?

then anyone can get his own oil from the well in the back yard.

drill baby drill

 

[Trajan]

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.

because its a stupid question and a smoke screen.

 

[skookerasbil]

Heres the poop.................

Kenyesian economics is now on life support.......about 16 months away from being placed in a museum as a relic of a former era. The resurgence of supply-side economics in 2013 is going to be historic and with 2 trillion dollars sitting on the sidelines, the coming tsunami of private sector jobs being developed is going to be dizzying

 

[Mr. Shaman]

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?

i personally blame the aclu and acorn.

.....More-than-likely because....you don't know shit

, about.....

THE ACLU

 

[skookerasbil]

ps........nobody watches Rachel Maddow

 

[L.K.Eder]

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?

i personally blame the aclu and acorn.

.....More-than-likely because....you don't know shit

, about.....

THE ACLU

i get all my information from conservapedia.

 

[Mr. Shaman]

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?

Obamacare.

Most of that health care hasn't even taken effect.

Actually......

Health Care Reform
*
Implementation Timeline

 

[Mr. Shaman]

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.

Well, if one looks at the Worker Participation Graph, it sure looks like the tax cuts didn't increase the worker participation to levels being realized in the late 90's and up to the recession of 2001.

The....

GOLD STANDARD

...is still....

CLINTONOMIC$!!!!

(....Brought to you by TAX-INCREA$E$....on the high-roller$/1%er$!!!)


​

 

[Trajan]

If they aren't working why did Barry extend them?

Now that's a good question. Obama wanted to extend the cuts for the middle class only and was counting on consumer spending. Trouble is, the middle class didn't spend and it doesn't take a rocket scientist to figure out why. Much of the middle class was/is living check-to-check thanks to almost four decades of flat wages, to extend the tax cut to them didn't give them more money to spend, it just kept them at the status quo. And the upper income tier with their extension also held the line for investing in creating jobs in America. But that same group invested in companies that were and are doing quite well by directing their growth overseas and creating jobs overseas.
So Obama went 0 for 2.

Bull shit. The reason you don't add a link is because what you say is weird speculation.

Spend a minute and go find out the fucking truth!

Senator Reed objected, noting that the Republican plan to permanently extend the Bush tax cuts gives the wealthiest Americans a $700 billion tax cut that is also not offset - and, unlike the employment benefit, would not expire.

Senate Republicans stepped up the pressure on tax cuts this week by signing a letter pledging to block all legislation on the floor until Congress resolves how to fund government for the current fiscal year and extend the 2001 and 2003 Bush tax cuts, now set to expire on Dec. 31.

Senate GOP says no Bush tax cuts, no unemployment benefits

WASHINGTON — President Obama announced a tentative deal with Congressional Republicans on Monday to extend the Bush-era tax cuts at all income levels for two years as part of a package that would also keep benefits flowing to the long-term unemployed, cut payroll taxes for all workers for a year and take other steps to bolster the economy.

Obama and G.O.P. Agree on Tax Cuts - NYTimes.com

By the end of this month 2 Million people will lose their Unemployment Benefits. And that is not counting the 99ers that have been living without unemployment for awhile now.

The GOP and some Blue Dog Dems are holding these people hostage to get Obama and the Congress to pass the Bush tax cut extensions for everyone. Obama and the Democratic Congress, minus the Blue Dogs would like to extend the cuts for the 98% that make under $250,000 a year.

The Republicans are saying that the tax cuts for the rich will help in job creation but the rich have had these cuts for about 10 years and there has been the greatest job losses since the Great Depression.

GOP Holding Unemployed Hostage to get Bush Tax Cut Extension

HOW DO PEOPLE FORGET SOMETHING THAT JUST HAPPENED A FEW MONTHS AGO? HOW IS IT POSSIBLE?

so it was bi-partisan, thx for clearing that up...

 

[Mr. Shaman]

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?

the bush tax cuts do help!! overspending, regulation,
fuel costs,Obamanation care,ect have business owners afraid to invest and hire!!

Yeah.....those poooooooor.....gutless.....

....small-bu$ine$$e$!!!!

 

[Mr. Shaman]

Ok I have to say it.

I am going to use an Obama Defense.

Things would be much worse if not for the Tax cuts. The jobs they added helped keep us from a Depression.

See how that works.

The people who received that payroll tax cut pumped that money right back into the economy.

And that's how that worked.

....Just like Unemployment-check$ & Minimum-Wage increa$e$!!!!!!!!!​

 

[Wiseacre]

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.

Why are you ignoring 2001-2003?

Because you idiot, we were talking about jobs and the Bush tax cuts, which as you know were not passed until 2003. If you want to hammer Bush43 for the recession HE inherited from Clinton and also the fallout from 9/11, be my guest. At least he found a way to turn things around, which is a lot more than we can say about Obama.

 

[Mr. Shaman]

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

In 2007, when Nancy and Harry took power, 150.6 Americans had jobs.

After 4 years of Democrat Economic wizardry, 139.2 Americans have jobs.

Your party is doing great!

damn, that's really sad.

only 150.6 americans had a job?

.....Especially for that .6 dude!!!!!

​