How do tax cuts create jobs???
They kill jobs by incentivizing OFF SHORRING jobs AND profits dumbass!
And the near 6,000 new government regulations Obama has slammed businesses with? Is this sending jobs off shore? OH SNAP!
Oh snap, more right wing bullshit
Misrepresentations, Regulations and Jobs
Republicans favor tax cuts for the wealthy and corporations, but these had
no stimulative effect during the
George W. Bush administration and there is no reason to believe that more of them will have any today.
These constraints have led Republicans to
embrace the idea that government regulation is the principal factor holding back employment. They assert that
Barack Obama has unleashed a tidal wave of new regulations, which has created uncertainty among businesses and prevents them from investing and hiring.
No hard evidence is offered for this claim; it is simply asserted as self-evident and repeated endlessly throughout the
conservative echo chamber.
The table below presents the bureau’s data. As one can see, the number of layoffs nationwide caused by government regulation is minuscule and shows no evidence of getting worse during the Obama administration.
Lack of demand for business products and services is vastly more important.
These results are supported by surveys. During June and July,
Small Business Majority asked 1,257 small-business owners to name the two biggest problems they face. Only 13 percent listed government regulation as one of them. Almost half said their biggest problem was uncertainty about the future course of the economy — another way of saying a lack of customers and sales.
The Wall Street Journal’s
July survey of business economists found, “The main reason U.S. companies are reluctant to step up hiring is scant demand, rather than uncertainty over government policies, according to a majority of economists.”
In August, McClatchy Newspapers
canvassed small businesses, asking them if regulation was a big problem. It could find no evidence that this was the case.
“None of the business owners complained about regulation in their particular industries, and most seemed to welcome it,” McClatchy reported. “Some pointed to the lack of regulation in mortgage lending as a principal cause of the financial crisis that brought about the Great Recession of 2007-9 and its grim aftermath.”
The
latest monthly survey of its members by the National Federation of Independent Business shows that poor sales are far and away their biggest problem. While concerns about regulation have risen during the Obama administration, they are about the same now as they were during
Ronald Reagan’s administration, according to
an analysis of the federation’s data by the
Economic Policy Institute.
MORE
http://economix.blogs.nytimes.com/2011/10/04/regulation-and-unemployment/?_r=0
OH SNAP