...to the job creators themselves.
Sure, government COULD hinder job growth, but it really doesn't currently. Regulations, for instance, have an insignificant effect on job growth. The BLS statistics prove that. Revenue as a percentage of GDP is near the historic low. Of course high taxes on the wealthy historically does very little to hinder growth. In the 50s the tax percentage on the wealthy was signficantly higher and we still had great growth.
Let's look at the facts. Corporate profits are at an all time high. The wealthy are wealthier than EVER BEFORE. Where is the outrage at these people? Why don't they invest in a stronger labor force? Wel gee it's obviously because they only care about themselves. If the mimum wage in one state is $8.00, you can damn well bet they will pay it to their entry level workers despite the fact that people can't fucking live off of it.
The truth is that government can do a lot to help economic growth and cutting taxes for the wealthy and throwing away regulations isn't the way to do it. Boosting consumer demand is how you grow the economy. Tax cuts for the middle class is one. Raising the minimum wage is another. Any jobs lost from this (which would be small depending on how high you raised it) would be regained and more with the boost to consumer spending from the poor. Giving unemoyment benefits to those who really need it boosts demand. As a short term strategy, boosting food stamps will stimulate the economy as well (like it or not it does).
God I wish liberals could take over. New and improved democrats would be great.
Fuck republicans.
Sure, government COULD hinder job growth, but it really doesn't currently. Regulations, for instance, have an insignificant effect on job growth. The BLS statistics prove that. Revenue as a percentage of GDP is near the historic low. Of course high taxes on the wealthy historically does very little to hinder growth. In the 50s the tax percentage on the wealthy was signficantly higher and we still had great growth.
Let's look at the facts. Corporate profits are at an all time high. The wealthy are wealthier than EVER BEFORE. Where is the outrage at these people? Why don't they invest in a stronger labor force? Wel gee it's obviously because they only care about themselves. If the mimum wage in one state is $8.00, you can damn well bet they will pay it to their entry level workers despite the fact that people can't fucking live off of it.
The truth is that government can do a lot to help economic growth and cutting taxes for the wealthy and throwing away regulations isn't the way to do it. Boosting consumer demand is how you grow the economy. Tax cuts for the middle class is one. Raising the minimum wage is another. Any jobs lost from this (which would be small depending on how high you raised it) would be regained and more with the boost to consumer spending from the poor. Giving unemoyment benefits to those who really need it boosts demand. As a short term strategy, boosting food stamps will stimulate the economy as well (like it or not it does).
God I wish liberals could take over. New and improved democrats would be great.
Fuck republicans.