DontBeStupid
Look it up!
For months now we have all been lectured on these boards from those on the right about how if you cut taxes for the wealthy, they will invest that money and the company they invest in will then use that money to hire new workers and expand. According to the economic minds of the right, this happens every time, all the time, no exceptions, ever.
A few weeks ago, Warren Buffet, hated rich guy, invested $5B in Bank of America. Bank of America then turned around and announced lay offs of some 30,000 workers.
Now, I have already seen posts from people trying to blame the BofA firings on Obama (very funny by the way), but what I would seriously like, honestly, is for one of the economic minds on the right to explain to all of us, how is it you were predicting one thing and the exact opposite happened?
Thanks in advance
A few weeks ago, Warren Buffet, hated rich guy, invested $5B in Bank of America. Bank of America then turned around and announced lay offs of some 30,000 workers.
Now, I have already seen posts from people trying to blame the BofA firings on Obama (very funny by the way), but what I would seriously like, honestly, is for one of the economic minds on the right to explain to all of us, how is it you were predicting one thing and the exact opposite happened?
Thanks in advance