If tax cuts create jobs, what happened with GW?

[JimH52]

tax.com: So How Did the Bush Tax Cuts Work Out for the Economy?

The Republicans use this stick to beat away any hint of buying down the deficit. Why?

 

[rdean]

Because they "imagine" how something is supposed to work and figure that's "good enough".

 

[Avatar4321]

you must have missed the 6 years of full employment. Convenient to ignore those isnt it?

 

[teapartysamurai]

you must have missed the 6 years of full employment. Convenient to ignore those isnt it?

US Unemployment Rate by Year

2001 4.76
2002 5.78
2003 5.99
2004 5.53
2005 5.08
2006 4.63
2007 4.61
2008 5.76
2009 9.26

The United States Unemployment Rate By Year

Notice when it started to change? After Democrats took over! Thank you Obama!

When Bush was in office, here in Ohio, we had reports about businesses paying two dollars over minimum wage, because they were trying to attract new workers.

Now, you're lucky if you can find a job.

Liberals can push this pap, but the facts are too easy bring into evidence.

 

[NYcarbineer]

you must have missed the 6 years of full employment. Convenient to ignore those isnt it?

Unemployment was 3.9% when Bush took office. Unemployment was never below 4% at any time after his tax cuts.

How could any of that be 'full' employment? How could 6% for most of 2003 be 'full employment' if UE had been 4% most of 2000?

How can your unemployment rate be 'full employment' if it's possible to go 2 points lower?

 

[Harry Dresden]

Because they "imagine" how something is supposed to work and figure that's "good enough".

kinda like with you and your "imagining"....

 

[NYcarbineer]

you must have missed the 6 years of full employment. Convenient to ignore those isnt it?

US Unemployment Rate by Year

2001 4.76
2002 5.78
2003 5.99
2004 5.53
2005 5.08
2006 4.63
2007 4.61
2008 5.76
2009 9.26

The United States Unemployment Rate By Year

Notice when it started to change? After Democrats took over! Thank you Obama!

When Bush was in office, here in Ohio, we had reports about businesses paying two dollars over minimum wage, because they were trying to attract new workers.

Now, you're lucky if you can find a job.

Liberals can push this pap, but the facts are too easy bring into evidence.

Can you tell us what Bush and the Democratic Congress did to cause unemployment to rise in 2008 and 2009?

Specifically?

Or are you just mindlessly repeating a fallacious talking point?

 

[editec]

you must have missed the 6 years of full employment. Convenient to ignore those isnt it?

US Unemployment Rate by Year

2001 4.76
2002 5.78
2003 5.99
2004 5.53
2005 5.08
2006 4.63
2007 4.61
2008 5.76
2009 9.26

The United States Unemployment Rate By Year

Notice when it started to change? After Democrats took over! Thank you Obama!

When Bush was in office, here in Ohio, we had reports about businesses paying two dollars over minimum wage, because they were trying to attract new workers.

Now, you're lucky if you can find a job.

Liberals can push this pap, but the facts are too easy bring into evidence.

Your partisan "I'm so economically ignorant that butter won't melt in my mouth" defence grows wearisome, TPS.

Under which administration did the Treasury and FED starting bailing our banks, again, Lad?

 

[uscitizen]

The right has certain faith based myths that do not work but they support them anyway.

 

[Harry Dresden]

The right has certain faith based myths that do not work but they support them anyway.

which ones?.....or should i ask Dean.....im sure he has them written down....

 

[Too Tall]

tax.com: So How Did the Bush Tax Cuts Work Out for the Economy?

The Republicans use this stick to beat away any hint of buying down the deficit. Why?

Unemployment averaged under 6% for the 8 years of the Bush Administration.

 

[Bfgrn]

For most of the past 70 years, the U.S. economy has grown at a steady clip, generating perpetually higher incomes and wealth for American households. But since 2000, the story is starkly different.

The past decade was the worst for the U.S. economy in modern times, a sharp reversal from a long period of prosperity that is leading economists and policymakers to fundamentally rethink the underpinnings of the nation's growth.

It was, according to a wide range of data, a lost decade for American workers. The decade began in a moment of triumphalism -- there was a current of thought among economists in 1999 that recessions were a thing of the past. By the end, there were two, bookends to a debt-driven expansion that was neither robust nor sustainable.

There has been zero net job creation since December 1999. No previous decade going back to the 1940s had job growth of less than 20 percent. Economic output rose at its slowest rate of any decade since the 1930s as well.

Middle-income households made less in 2008, when adjusted for inflation, than they did in 1999 -- and the number is sure to have declined further during a difficult 2009. The Aughts were the first decade of falling median incomes since figures were first compiled in the 1960s.

And the net worth of American households -- the value of their houses, retirement funds and other assets minus debts -- has also declined when adjusted for inflation, compared with sharp gains in every previous decade since data were initially collected in the 1950s.

Washington Post

"Eighty percent of Republicans are just Democrats that don't know what's going on"
Robert F. Kennedy Jr.

 

[Too Tall]

you must have missed the 6 years of full employment. Convenient to ignore those isnt it?

Unemployment was 3.9% when Bush took office. Unemployment was never below 4% at any time after his tax cuts.

How could any of that be 'full' employment? How could 6% for most of 2003 be 'full employment' if UE had been 4% most of 2000?

How can your unemployment rate be 'full employment' if it's possible to go 2 points lower?

Unemployment was 4.2% when Bush took office.
Bureau of Labor Statistics Data

How can UE be 9% after Bush spent a almost a trillion dollars rescuing the banks and Obama spent almost a trillion dollars hiring government workers and rescuing the Unions would be a better question.

 

[Too Tall]

you must have missed the 6 years of full employment. Convenient to ignore those isnt it?

US Unemployment Rate by Year

2001 4.76
2002 5.78
2003 5.99
2004 5.53
2005 5.08
2006 4.63
2007 4.61
2008 5.76
2009 9.26

The United States Unemployment Rate By Year

Notice when it started to change? After Democrats took over! Thank you Obama!

When Bush was in office, here in Ohio, we had reports about businesses paying two dollars over minimum wage, because they were trying to attract new workers.

Now, you're lucky if you can find a job.

Liberals can push this pap, but the facts are too easy bring into evidence.

Can you tell us what Bush and the Democratic Congress did to cause unemployment to rise in 2008 and 2009?

Specifically?

Or are you just mindlessly repeating a fallacious talking point?

Bush allowed the Congress to spend too much for his 8 years in office and Obama took office in 2009 and convinced his Democrat majority to go on a spending binge beyond comprehension.

 

[Avatar4321]

you must have missed the 6 years of full employment. Convenient to ignore those isnt it?

Unemployment was 3.9% when Bush took office. Unemployment was never below 4% at any time after his tax cuts.

How could any of that be 'full' employment? How could 6% for most of 2003 be 'full employment' if UE had been 4% most of 2000?

How can your unemployment rate be 'full employment' if it's possible to go 2 points lower?

I didn't create the standard. Just saying.

 

[xsited1]

you must have missed the 6 years of full employment. Convenient to ignore those isnt it?

US Unemployment Rate by Year

2001 4.76
2002 5.78
2003 5.99
2004 5.53
2005 5.08
2006 4.63
2007 4.61
2008 5.76
2009 9.26

The United States Unemployment Rate By Year

Notice when it started to change? After Democrats took over! Thank you Obama!

...

Correct! And we had 9/11 and 2 wars. The economy always does better when the Republicans control Congress.

 

[The Rabbi]

you must have missed the 6 years of full employment. Convenient to ignore those isnt it?

US Unemployment Rate by Year

2001 4.76
2002 5.78
2003 5.99
2004 5.53
2005 5.08
2006 4.63
2007 4.61
2008 5.76
2009 9.26

The United States Unemployment Rate By Year

Notice when it started to change? After Democrats took over! Thank you Obama!

When Bush was in office, here in Ohio, we had reports about businesses paying two dollars over minimum wage, because they were trying to attract new workers.

Now, you're lucky if you can find a job.

Liberals can push this pap, but the facts are too easy bring into evidence.

Can you tell us what Bush and the Democratic Congress did to cause unemployment to rise in 2008 and 2009?

Specifically?

Or are you just mindlessly repeating a fallacious talking point?

Bailouts. Stimulus programs. Cash for You Name It.

What would Barry give for 6% unemployment now? We know the figure exceeds $1T.

 

[waltky]

Granny says hire more people insteada outsourcin' jobs - dat'll cut the unemployment rate...

US job market: Four ways to cut the unemployment rate
The modest recovery in the US economy since 2009 has been marked by tepid job creation – a trend that needs to change if the nation is to return to the kind of low unemployment rates that prevailed before the recession. But how to do that? In one of the most detailed efforts the address that question, the McKinsey Global Institute put out a set of recommendations on how to create 21 million new jobs by 2020, bringing unemployment down to 5 percent.

Here's a look at the institute's core proposals:

1. Develop new skills

One of the job market's biggest problems, the report says, is a mismatch between the skills workers now have and the skills required by potential new jobs. If current trends hold, McKinsey estimates the US will have a shortage of up to 1.5 million workers with a college degree or higher in 2020, while nearly 6 million Americans who lack a high school diploma will be unemployed.

Solutions could include more partnerships between employers and community colleges or vocational schools, a national jobs database to help people decide what careers to train for, and targeted federal scholarships.

The report estimates that six broad sectors – health care, business services, leisure and hospitality, construction, manufacturing, and retail – will account for as much as 85 percent of new jobs. (Those sectors account for 66 percent of all jobs in America today.)

MORE

 

[Wry Catcher]

tax.com: So How Did the Bush Tax Cuts Work Out for the Economy?

The Republicans use this stick to beat away any hint of buying down the deficit. Why?

Notice the Republicans immediately changed the thread to 'prove' it must be Obama's fault. Unemployment is a direct result of the Bush tax cuts, the Bush Adminsitrations failure to regulate both congress and industry and spend billions of dollars every month on a war of choice.

The RW echol chamber can lie - and do - over and over and over but the facts do not change. The first decade of the 21st C is known as the lost decade for a reason and history books in the distant future will refere to the Bush years in that way.

The only way out of this mess brought on my the total incomptence of Boooooooosh&Co. is too put Americans to work. And since American business seems content to sit on over 2 trillion dollars and not invest in America, it's up to the government to do so.

 

[The Rabbi]

tax.com: So How Did the Bush Tax Cuts Work Out for the Economy?

The Republicans use this stick to beat away any hint of buying down the deficit. Why?

Notice the Republicans immediately changed the thread to 'prove' it must be Obama's fault. Unemployment is a direct result of the Bush tax cuts, the Bush Adminsitrations failure to regulate both congress and industry and spend billions of dollars every month on a war of choice.

The RW echol chamber can lie - and do - over and over and over but the facts do not change. The first decade of the 21st C is known as the lost decade for a reason and history books in the distant future will refere to the Bush years in that way.

The only way out of this mess brought on my the total incomptence of Boooooooosh&Co. is too put Americans to work. And since American business seems content to sit on over 2 trillion dollars and not invest in America, it's up to the government to do so.

Unemployment was lower when Bush left office than at any point in Obama's presidency.
Unemployment was lower when the GOP controlled Congress than today.

Blaming Bush for 3years of bad economic policy under Obama and a filibuster proof Dem majority is not going to fly.