Then he claimed that the Stimulus would create jobs, which it never has.
They change the way the unemployed are counted so they can fudge the stats. We are currently over 10% but nobody really knows how much.
Two more lies.
1.) Do you have any evidence that it has been "the left" and "the left" alone that has been fudging the statistics about unemployment? Last I checked, both parties are guilty of doing so. Carter did so by disregarding those unemployed after a year for example, Reagan did after six months.
2.) Whether you agree with the American Recovery and Reinvestment Act of 2009 or not, it did create jobs. The debate is whether it created the number of jobs it was suppose to or whether it was worth the cost. However, to claim that the Stimulus has never created any jobs is such a blatant falsehood.
3.) Tax incentives for the American Recovery and Reinvestment Act of 2009 was worth $288 billion total, $237 billion for individuals and $15 billion for companies.
American Recovery and Reinvestment Act of 2009 - Wikipedia, the free encyclopedia
Tax incentives
Total: $288 billion
[edit]Tax incentives for individuals
Total: $237 billion
$116 billion: New payroll tax credit of $400 per worker and $800 per couple in 2009 and 2010. Phaseout begins at $75,000 for individuals and $150,000 for joint filers.[29]
$70 billion: Alternative minimum tax: a one year increase in AMT floor to $70,950 for joint filers for 2009.[29]
$15 billion: Expansion of child tax credit: A $1,000 credit to more families (even those that do not make enough money to pay income taxes).
$14 billion: Expanded college credit to provide a $2,500 expanded tax credit for college tuition and related expenses for 2009 and 2010. The credit is phased out for couples making more than $160,000.
$6.6 billion: Homebuyer credit: $8,000 refundable credit for all homes bought between 1/1/2009 and 12/1/2009 and repayment provision repealed for homes purchased in 2009 and held more than three years. This only applies to first-time homebuyers.[41]
$4.7 billion: Excluding from taxation the first $2,400 a person receives in unemployment compensation benefits in 2009.
$4.7 billion: Expanded earned income tax credit to increase the earned income tax credit — which provides money to low income workers — for families with at least three children.
$4.3 billion: Home energy credit to provide an expanded credit to homeowners who make their homes more energy-efficient in 2009 and 2010. Homeowners could recoup 30 percent of the cost up to $1,500 of numerous projects, such as installing energy-efficient windows, doors, furnaces and air conditioners.
$1.7 billion: for deduction of sales tax from car purchases, not interest payments phased out for incomes above $250,000.
[edit]Tax incentives for companies
Total: $51 billion
$15 billion: Allowing companies to use current losses to offset profits made in the previous five years, instead of two, making them eligible for tax refunds.
$13 billion: to extend tax credits for renewable energy production (until 2014).
$11 billion: Government contractors: Repeal a law that takes effect in 2012, requiring government agencies to withhold three percent of payments to contractors to help ensure they pay their tax bills. Repealing the law would cost $11 billion over 10 years, in part because the government could not earn interest by holding the money throughout the year.
$7 billion: Repeal bank credit: Repeal a Treasury provision that allowed firms that buy money-losing banks to use more of the losses as tax credits to offset the profits of the merged banks for tax purposes. The change would increase taxes on the merged banks by $7 billion over 10 years.
$5 billion: Bonus depreciation which extends a provision allowing businesses buying equipment such as computers to speed up its depreciation through 2009.
Are you going to try and sit there telling me that tax cuts don't work all of a sudden?
What tax cuts?
Obama raised 8 taxes. Cigarette taxes, alcohol taxes, several others while he was supposedly lowering our taxes a few bucks.
How many tax-cuts did he give the the Middle Class?
Don't include the Bush Tax Cuts because all he did was extend the cuts that were already in place. Two years into his term we have received nothing more then a $13 dollar per pay period exemption that we have to give back at the end of the year. Whoopee!!!!!!
This year the Health Care bill taxes kick in. But to date we still don't know if they'll ever go into effect because a federal judge has ruled the entire bill unconstitutional. Course Obama is ignoring the court order. So the tax increases are going through as planned.
No, tax cuts work....and the Democrats have been claiming all along that they don't.
Btw, you've opened up a couple more issues.
How the **** does $250k a year make you a millionaire or a billionaire?
Where the Bush tax cuts are concerned......
the Dems have been lying to us for years that they benefit only the rich but it turns out they benefited everyone who pays taxes, including the Middle Class. How do you reconcile that fucken lie dip-shit???