Why does the left think the government can create jobs?

JRK

Senior Member
Joined
Feb 27, 2011
Messages
7,488
Reaction score
313
Points
48
When the US Govt takes 1 trillion dollars of our wealth to "create a job" as Obama did, then all they have done is take 1 trillion dollars (really about 800 billion) of our wealth and re distributed it
It is wealth destruction is all it is

the private sector with the right conditions can create real jobs. How many jobs would that same 800 billion create in the private sector If the those who really pay taxes were allowed to keep that wealth?
What we purchase with that wealth would create work and we would get too keep the end product, instead of it becoming part of Obama's re-election campaign fund
That is real trickle down economics made simple. Allow the tax payer to keep more of his wealth, show him you can be trusted and watch him use it to grow the economy
 

DaGoose

Gold Member
Joined
Nov 16, 2010
Messages
4,347
Reaction score
662
Points
153
Location
Illinois
When the US Govt takes 1 trillion dollars of our wealth to "create a job" as Obama did, then all they have done is take 1 trillion dollars (really about 800 billion) of our wealth and re distributed it
It is wealth destruction is all it is

the private sector with the right conditions can create real jobs. How many jobs would that same 800 billion create in the private sector If the those who really pay taxes were allowed to keep that wealth?
What we purchase with that wealth would create work and we would get too keep the end product, instead of it becoming part of Obama's re-election campaign fund
That is real trickle down economics made simple. Allow the tax payer to keep more of his wealth, show him you can be trusted and watch him use it to grow the economy
Hmmmm.....seems to me that we have been engaged in "Trickle Down Economics" since the Reagan years. Bush pushed MASSIVE tax cuts through Congress and Obama has continued those tax cuts. And if it really worked there would be more than enough jobs to go around right now, right?

But the sad fact is that "Trickle Down Ecnomics" has been and is a FAILED policy. It didn't work and won't work. Even Reagan's Budget Director David Stockman called it a "Trojan Horse".

I'm shock that anyone would still advocate cutting even MORE taxes on the wealthy in the name of "job creation" when it clearly has not worked. :eek:
 

NYcarbineer

Diamond Member
Joined
Mar 10, 2009
Messages
117,063
Reaction score
13,858
Points
2,210
Location
Finger Lakes, NY
When the US Govt takes 1 trillion dollars of our wealth to "create a job" as Obama did, then all they have done is take 1 trillion dollars (really about 800 billion) of our wealth and re distributed it
It is wealth destruction is all it is

the private sector with the right conditions can create real jobs. How many jobs would that same 800 billion create in the private sector If the those who really pay taxes were allowed to keep that wealth?
What we purchase with that wealth would create work and we would get too keep the end product, instead of it becoming part of Obama's re-election campaign fund
That is real trickle down economics made simple. Allow the tax payer to keep more of his wealth, show him you can be trusted and watch him use it to grow the economy
How would you propose to fix our roads and bridges if not from using taxpayer money to fund the projects?

AND, question 2,

does funding infrastructure improvement not only CREATE JOBS, but does it not also ADD VALUE to the economy?
 
OP
J

JRK

Senior Member
Joined
Feb 27, 2011
Messages
7,488
Reaction score
313
Points
48
When the US Govt takes 1 trillion dollars of our wealth to "create a job" as Obama did, then all they have done is take 1 trillion dollars (really about 800 billion) of our wealth and re distributed it
It is wealth destruction is all it is

the private sector with the right conditions can create real jobs. How many jobs would that same 800 billion create in the private sector If the those who really pay taxes were allowed to keep that wealth?
What we purchase with that wealth would create work and we would get too keep the end product, instead of it becoming part of Obama's re-election campaign fund
That is real trickle down economics made simple. Allow the tax payer to keep more of his wealth, show him you can be trusted and watch him use it to grow the economy
Hmmmm.....seems to me that we have been engaged in "Trickle Down Economics" since the Reagan years. Bush pushed MASSIVE tax cuts through Congress and Obama has continued those tax cuts. And if it really worked there would be more than enough jobs to go around right now, right?

But the sad fact is that "Trickle Down Ecnomics" has been and is a FAILED policy. It didn't work and won't work. Even Reagan's Budget Director David Stockman called it a "Trojan Horse".

I'm shock that anyone would still advocate cutting even MORE taxes on the wealthy in the name of "job creation" when it clearly has not worked. :eek:
It worked to good
we have created 40 million jobs sense RR
Failed?

980...... 90,528 74,154 24,263 1,077 4,454 18,733
1981...... 91,289 75,109 24,118 1,180 4,304 18,634
1982...... 89,677 73,695 22,550 1,163 4,024 17,363
1983...... 90,280 74,269 22,110 997 4,065 17,048
1984...... 94,530 78,371 23,435 1,014 4,501 17,920
1985...... 97,511 80,978 23,585 974 4,793 17,819
1986...... 99,474 82,636 23,318 829 4,937 17,552
1987...... 102,088 84,932 23,470 771 5,090 17,609
1988...... 105,345 87,806 23,909 770 5,233 17,906
1989...... 108,014 90,087 24,045 750 5,309 17,985

1990...... 109,487 91,072 23,723 765 5,263 17,695
1991...... 108,375 89,829 22,588 739 4,780 17,068
1992...... 108,726 89,940 22,095 689 4,608 16,799
1993...... 110,844 91,855 22,219 666 4,779 16,774
1994...... 114,291 95,016 22,774 659 5,095 17,020
1995...... 117,298 97,865 23,156 641 5,274 17,241
1996...... 119,708 100,169 23,409 637 5,536 17,237
1997...... 122,776 103,113 23,886 654 5,813 17,419
1998...... 125,930 106,021 24,354 645 6,149 17,560
1999...... 128,993 108,686 24,465 598 6,545 17,322

2000...... 131,785 110,995 24,649 599 6,787 17,263
2001...... 131,826 110,708 23,873 606 6,826 16,441
2002...... 130,341 108,828 22,557 583 6,716 15,259
2003...... 129,999 108,416 21,816 572 6,735 14,510
2004...... 131,435 109,814 21,882 591 6,976 14,315
2005...... 133,703 111,899 22,190 628 7,336 14,226
2006...... 136,086 114,113 22,531 684 7,691 14,155
2007...... 137,598 115,380 22,233 724 7,630 13,879
2008...... 136,790 114,281 21,334 767 7,162 13,406
2009...... 130,807 108,252 18,557 694 6,016 11,847

2010...... 129,818 107,337 17,755 705 5,526 11,524

ftp://ftp.bls.gov/pub/suppl/empsit.ceseeb1.txt
look at the policies and what they did to jo growth atarting with RR

You can also clearly see when the GOP took congress in the 90s an 00s
 
Last edited:

DaGoose

Gold Member
Joined
Nov 16, 2010
Messages
4,347
Reaction score
662
Points
153
Location
Illinois
When the US Govt takes 1 trillion dollars of our wealth to "create a job" as Obama did, then all they have done is take 1 trillion dollars (really about 800 billion) of our wealth and re distributed it
It is wealth destruction is all it is

the private sector with the right conditions can create real jobs. How many jobs would that same 800 billion create in the private sector If the those who really pay taxes were allowed to keep that wealth?
What we purchase with that wealth would create work and we would get too keep the end product, instead of it becoming part of Obama's re-election campaign fund
That is real trickle down economics made simple. Allow the tax payer to keep more of his wealth, show him you can be trusted and watch him use it to grow the economy
Hmmmm.....seems to me that we have been engaged in "Trickle Down Economics" since the Reagan years. Bush pushed MASSIVE tax cuts through Congress and Obama has continued those tax cuts. And if it really worked there would be more than enough jobs to go around right now, right?

But the sad fact is that "Trickle Down Ecnomics" has been and is a FAILED policy. It didn't work and won't work. Even Reagan's Budget Director David Stockman called it a "Trojan Horse".

I'm shock that anyone would still advocate cutting even MORE taxes on the wealthy in the name of "job creation" when it clearly has not worked. :eek:
It worked to good
we have created 40 million jobs sense RR
Failed?

980...... 90,528 74,154 24,263 1,077 4,454 18,733
1981...... 91,289 75,109 24,118 1,180 4,304 18,634
1982...... 89,677 73,695 22,550 1,163 4,024 17,363
1983...... 90,280 74,269 22,110 997 4,065 17,048
1984...... 94,530 78,371 23,435 1,014 4,501 17,920
1985...... 97,511 80,978 23,585 974 4,793 17,819
1986...... 99,474 82,636 23,318 829 4,937 17,552
1987...... 102,088 84,932 23,470 771 5,090 17,609
1988...... 105,345 87,806 23,909 770 5,233 17,906
1989...... 108,014 90,087 24,045 750 5,309 17,985

1990...... 109,487 91,072 23,723 765 5,263 17,695
1991...... 108,375 89,829 22,588 739 4,780 17,068
1992...... 108,726 89,940 22,095 689 4,608 16,799
1993...... 110,844 91,855 22,219 666 4,779 16,774
1994...... 114,291 95,016 22,774 659 5,095 17,020
1995...... 117,298 97,865 23,156 641 5,274 17,241
1996...... 119,708 100,169 23,409 637 5,536 17,237
1997...... 122,776 103,113 23,886 654 5,813 17,419
1998...... 125,930 106,021 24,354 645 6,149 17,560
1999...... 128,993 108,686 24,465 598 6,545 17,322

2000...... 131,785 110,995 24,649 599 6,787 17,263
2001...... 131,826 110,708 23,873 606 6,826 16,441
2002...... 130,341 108,828 22,557 583 6,716 15,259
2003...... 129,999 108,416 21,816 572 6,735 14,510
2004...... 131,435 109,814 21,882 591 6,976 14,315
2005...... 133,703 111,899 22,190 628 7,336 14,226
2006...... 136,086 114,113 22,531 684 7,691 14,155
2007...... 137,598 115,380 22,233 724 7,630 13,879
2008...... 136,790 114,281 21,334 767 7,162 13,406
2009...... 130,807 108,252 18,557 694 6,016 11,847

2010...... 129,818 107,337 17,755 705 5,526 11,524

ftp://ftp.bls.gov/pub/suppl/empsit.ceseeb1.txt
look at the policies and what they did to jo growth atarting with RR

You can also clearly see when the GOP took congress in the 90s an 00s
Nope. Didn't work.

The economy grew faster and created more jobs in the 1990s when tax rates on top earners were considerably higher than it did after the Bush tax cuts. And both before and after those cuts, the after-tax income gains for the top two tax brackets dwarfed those for all other income groups. In other words, the income growth at the top did not trickle down into income growth for everybody else.
No Evidence of 'Trickle Down' Job Creation - Room for Debate - NYTimes.com
 

WatertheTree

Senior Member
Joined
Sep 9, 2011
Messages
1,804
Reaction score
170
Points
48
The older I get the more convinced I am that liberal viewpoints stem from the ignorance and false understanding of where the money comes from to pay for all the nice programs that they want.

Liberalism is a big problem in this country, half of the people with liberal mindset thinks the government has unlimited funds, its this mentality that has caused our debt.

Well im here to tell the libbs that government doesnt have unlimited funds, and who pays for those programs is the middle class, along with everything else. And we are sick and tired of forking over our lives so you can be a bunch of lazy do nothings with your hands out.
 

VaYank5150

Gold Member
Joined
Aug 3, 2009
Messages
11,779
Reaction score
1,064
Points
138
Location
Virginia
When the US Govt takes 1 trillion dollars of our wealth to "create a job" as Obama did, then all they have done is take 1 trillion dollars (really about 800 billion) of our wealth and re distributed it
It is wealth destruction is all it is

the private sector with the right conditions can create real jobs. How many jobs would that same 800 billion create in the private sector If the those who really pay taxes were allowed to keep that wealth?
What we purchase with that wealth would create work and we would get too keep the end product, instead of it becoming part of Obama's re-election campaign fund
That is real trickle down economics made simple. Allow the tax payer to keep more of his wealth, show him you can be trusted and watch him use it to grow the economy
Why did the GOP?

The politicians used to care about unemployment. At least, they gave it lip service in their speeches. But they don’t even do that any more. Before Republicans took control of the House in January, Republican leader John Boehner taunted the Democrats every day with his challenge: “Where are the jobs, Mr. President?” But since the Republicans began to share responsibility for the government, he’s dropped any pretense that he’s worried about jobs.
Where are the jobs, Mr. President, Mr. Speaker? - Rex Nutting - MarketWatch

How is that whole GOP idea of extending the Bush tax cuts to the rich, I mean "job creators" working out, by the way?
 

PLYMCO_PILGRIM

Gold Member
Joined
Jul 3, 2009
Messages
17,416
Reaction score
3,063
Points
183
Location
America's Home Town
When the US Govt takes 1 trillion dollars of our wealth to "create a job" as Obama did, then all they have done is take 1 trillion dollars (really about 800 billion) of our wealth and re distributed it
It is wealth destruction is all it is

the private sector with the right conditions can create real jobs. How many jobs would that same 800 billion create in the private sector If the those who really pay taxes were allowed to keep that wealth?
What we purchase with that wealth would create work and we would get too keep the end product, instead of it becoming part of Obama's re-election campaign fund
That is real trickle down economics made simple. Allow the tax payer to keep more of his wealth, show him you can be trusted and watch him use it to grow the economy
Even better, after 3 years of increased govt stimulus spending where is our total jobs number and unemployment percentage at? Worse than they were when we started stimulus spending by the govt to try and create jobs.

Its obvious, from the numbers, that it did not work.

Unemployment Stuck at 9.1 Percent in September; 103,000 Jobs Added - ABC News

We lost 200,000 non-farm jobs and created 103,000 non-farm jobs in september
 

Sallow

The Big Bad Wolf.
Joined
Oct 4, 2010
Messages
56,532
Reaction score
6,241
Points
1,840
Location
New York City
When the US Govt takes 1 trillion dollars of our wealth to "create a job" as Obama did, then all they have done is take 1 trillion dollars (really about 800 billion) of our wealth and re distributed it
It is wealth destruction is all it is

the private sector with the right conditions can create real jobs. How many jobs would that same 800 billion create in the private sector If the those who really pay taxes were allowed to keep that wealth?
What we purchase with that wealth would create work and we would get too keep the end product, instead of it becoming part of Obama's re-election campaign fund
That is real trickle down economics made simple. Allow the tax payer to keep more of his wealth, show him you can be trusted and watch him use it to grow the economy
Wealth destruction? You want to see real wealth destruction, study history. Every time a government falls apart, wealth goes with it.
 
OP
J

JRK

Senior Member
Joined
Feb 27, 2011
Messages
7,488
Reaction score
313
Points
48
Hmmmm.....seems to me that we have been engaged in "Trickle Down Economics" since the Reagan years. Bush pushed MASSIVE tax cuts through Congress and Obama has continued those tax cuts. And if it really worked there would be more than enough jobs to go around right now, right?

But the sad fact is that "Trickle Down Ecnomics" has been and is a FAILED policy. It didn't work and won't work. Even Reagan's Budget Director David Stockman called it a "Trojan Horse".

I'm shock that anyone would still advocate cutting even MORE taxes on the wealthy in the name of "job creation" when it clearly has not worked. :eek:
It worked to good
we have created 40 million jobs sense RR
Failed?

980...... 90,528 74,154 24,263 1,077 4,454 18,733
1981...... 91,289 75,109 24,118 1,180 4,304 18,634
1982...... 89,677 73,695 22,550 1,163 4,024 17,363
1983...... 90,280 74,269 22,110 997 4,065 17,048
1984...... 94,530 78,371 23,435 1,014 4,501 17,920
1985...... 97,511 80,978 23,585 974 4,793 17,819
1986...... 99,474 82,636 23,318 829 4,937 17,552
1987...... 102,088 84,932 23,470 771 5,090 17,609
1988...... 105,345 87,806 23,909 770 5,233 17,906
1989...... 108,014 90,087 24,045 750 5,309 17,985

1990...... 109,487 91,072 23,723 765 5,263 17,695
1991...... 108,375 89,829 22,588 739 4,780 17,068
1992...... 108,726 89,940 22,095 689 4,608 16,799
1993...... 110,844 91,855 22,219 666 4,779 16,774
1994...... 114,291 95,016 22,774 659 5,095 17,020
1995...... 117,298 97,865 23,156 641 5,274 17,241
1996...... 119,708 100,169 23,409 637 5,536 17,237
1997...... 122,776 103,113 23,886 654 5,813 17,419
1998...... 125,930 106,021 24,354 645 6,149 17,560
1999...... 128,993 108,686 24,465 598 6,545 17,322

2000...... 131,785 110,995 24,649 599 6,787 17,263
2001...... 131,826 110,708 23,873 606 6,826 16,441
2002...... 130,341 108,828 22,557 583 6,716 15,259
2003...... 129,999 108,416 21,816 572 6,735 14,510
2004...... 131,435 109,814 21,882 591 6,976 14,315
2005...... 133,703 111,899 22,190 628 7,336 14,226
2006...... 136,086 114,113 22,531 684 7,691 14,155
2007...... 137,598 115,380 22,233 724 7,630 13,879
2008...... 136,790 114,281 21,334 767 7,162 13,406
2009...... 130,807 108,252 18,557 694 6,016 11,847

2010...... 129,818 107,337 17,755 705 5,526 11,524

ftp://ftp.bls.gov/pub/suppl/empsit.ceseeb1.txt
look at the policies and what they did to jo growth atarting with RR

You can also clearly see when the GOP took congress in the 90s an 00s
Nope. Didn't work.

The economy grew faster and created more jobs in the 1990s when tax rates on top earners were considerably higher than it did after the Bush tax cuts. And both before and after those cuts, the after-tax income gains for the top two tax brackets dwarfed those for all other income groups. In other words, the income growth at the top did not trickle down into income growth for everybody else.
No Evidence of 'Trickle Down' Job Creation - Room for Debate - NYTimes.com

Of course that happened over night. RR had nothing to do with that, neither did the .com bubble
You got 40 million jobs staring you right in the face in the private sector form 1980 and your trying to convince people that a small tax increase in the 90s is the reason why?


You have that right
 

Truthmatters

Rookie
Joined
May 10, 2007
Messages
80,182
Reaction score
2,263
Points
0
The older I get the more convinced I am that liberal viewpoints stem from the ignorance and false understanding of where the money comes from to pay for all the nice programs that they want.

Liberalism is a big problem in this country, half of the people with liberal mindset thinks the government has unlimited funds, its this mentality that has caused our debt.

Well im here to tell the libbs that government doesnt have unlimited funds, and who pays for those programs is the middle class, along with everything else. And we are sick and tired of forking over our lives so you can be a bunch of lazy do nothings with your hands out.
Look you silly person, pretending that the opposition believes something they do not just so you can easily defend your failed ideas is infantile nonsense.

quit making a fool of yourself
 
OP
J

JRK

Senior Member
Joined
Feb 27, 2011
Messages
7,488
Reaction score
313
Points
48
When the US Govt takes 1 trillion dollars of our wealth to "create a job" as Obama did, then all they have done is take 1 trillion dollars (really about 800 billion) of our wealth and re distributed it
It is wealth destruction is all it is

the private sector with the right conditions can create real jobs. How many jobs would that same 800 billion create in the private sector If the those who really pay taxes were allowed to keep that wealth?
What we purchase with that wealth would create work and we would get too keep the end product, instead of it becoming part of Obama's re-election campaign fund
That is real trickle down economics made simple. Allow the tax payer to keep more of his wealth, show him you can be trusted and watch him use it to grow the economy
Wealth destruction? You want to see real wealth destruction, study history. Every time a government falls apart, wealth goes with it.
What is it you think is going on today?
Teachers and there jobs is a local issue, why the federal govt. got involved in it I have no idea
 

Truthmatters

Rookie
Joined
May 10, 2007
Messages
80,182
Reaction score
2,263
Points
0
because some states have shitty governments that dont take care of the people..

Teachers have real jobs

Police have real jobs.

Meat inspectors have real jobs.

Bridge inspectors have real jobs.

Park rangers have real jobs.

The military has real jobs.

The facts are that government has always created jobs
 

Sallow

The Big Bad Wolf.
Joined
Oct 4, 2010
Messages
56,532
Reaction score
6,241
Points
1,840
Location
New York City
It worked to good
we have created 40 million jobs sense RR
Failed?

980...... 90,528 74,154 24,263 1,077 4,454 18,733
1981...... 91,289 75,109 24,118 1,180 4,304 18,634
1982...... 89,677 73,695 22,550 1,163 4,024 17,363
1983...... 90,280 74,269 22,110 997 4,065 17,048
1984...... 94,530 78,371 23,435 1,014 4,501 17,920
1985...... 97,511 80,978 23,585 974 4,793 17,819
1986...... 99,474 82,636 23,318 829 4,937 17,552
1987...... 102,088 84,932 23,470 771 5,090 17,609
1988...... 105,345 87,806 23,909 770 5,233 17,906
1989...... 108,014 90,087 24,045 750 5,309 17,985

1990...... 109,487 91,072 23,723 765 5,263 17,695
1991...... 108,375 89,829 22,588 739 4,780 17,068
1992...... 108,726 89,940 22,095 689 4,608 16,799
1993...... 110,844 91,855 22,219 666 4,779 16,774
1994...... 114,291 95,016 22,774 659 5,095 17,020
1995...... 117,298 97,865 23,156 641 5,274 17,241
1996...... 119,708 100,169 23,409 637 5,536 17,237
1997...... 122,776 103,113 23,886 654 5,813 17,419
1998...... 125,930 106,021 24,354 645 6,149 17,560
1999...... 128,993 108,686 24,465 598 6,545 17,322

2000...... 131,785 110,995 24,649 599 6,787 17,263
2001...... 131,826 110,708 23,873 606 6,826 16,441
2002...... 130,341 108,828 22,557 583 6,716 15,259
2003...... 129,999 108,416 21,816 572 6,735 14,510
2004...... 131,435 109,814 21,882 591 6,976 14,315
2005...... 133,703 111,899 22,190 628 7,336 14,226
2006...... 136,086 114,113 22,531 684 7,691 14,155
2007...... 137,598 115,380 22,233 724 7,630 13,879
2008...... 136,790 114,281 21,334 767 7,162 13,406
2009...... 130,807 108,252 18,557 694 6,016 11,847

2010...... 129,818 107,337 17,755 705 5,526 11,524

ftp://ftp.bls.gov/pub/suppl/empsit.ceseeb1.txt
look at the policies and what they did to jo growth atarting with RR

You can also clearly see when the GOP took congress in the 90s an 00s
Nope. Didn't work.

The economy grew faster and created more jobs in the 1990s when tax rates on top earners were considerably higher than it did after the Bush tax cuts. And both before and after those cuts, the after-tax income gains for the top two tax brackets dwarfed those for all other income groups. In other words, the income growth at the top did not trickle down into income growth for everybody else.
No Evidence of 'Trickle Down' Job Creation - Room for Debate - NYTimes.com

Of course that happened over night. RR had nothing to do with that, neither did the .com bubble
You got 40 million jobs staring you right in the face in the private sector form 1980 and your trying to convince people that a small tax increase in the 90s is the reason why?


You have that right
It was the small tax increase, coupled with infrastructure rebuilding (roads and bridges), coupled with investment in new technology (internet), coupled with a smart opening up of new emerging markets (NAFTA), coupled with money given to states to train workers for the new high tech jobs. That's why Clinton was a success. Ronald Reagan's economy needed bailout after bailout.

Seems that went down the memory hole.
 

LOki

The Yaweh of Mischief
Joined
Mar 26, 2006
Messages
4,084
Reaction score
358
Points
85
When the US Govt takes 1 trillion dollars of our wealth to "create a job" as Obama did, then all they have done is take 1 trillion dollars (really about 800 billion) of our wealth and re distributed it
It is wealth destruction is all it is

the private sector with the right conditions can create real jobs. How many jobs would that same 800 billion create in the private sector If the those who really pay taxes were allowed to keep that wealth?
What we purchase with that wealth would create work and we would get too keep the end product, instead of it becoming part of Obama's re-election campaign fund
That is real trickle down economics made simple. Allow the tax payer to keep more of his wealth, show him you can be trusted and watch him use it to grow the economy
"Trickle Down Economics" is just Keynsian Demand-Stimulus economics for Corporatists--there is really no functional economic difference between "trickling down" between one source of the "trickle" or another: demand always necessarily exists (the same cannot be said for supply, however), and abuse of Demand-Stimulus just saturates the demand side of a market that has insufficient supply to meet such an artificially robust demand--the inevitable result is serially perverse boom cycles.

None of this, of course, is news.
 
OP
J

JRK

Senior Member
Joined
Feb 27, 2011
Messages
7,488
Reaction score
313
Points
48
When the US Govt takes 1 trillion dollars of our wealth to "create a job" as Obama did, then all they have done is take 1 trillion dollars (really about 800 billion) of our wealth and re distributed it
It is wealth destruction is all it is

the private sector with the right conditions can create real jobs. How many jobs would that same 800 billion create in the private sector If the those who really pay taxes were allowed to keep that wealth?
What we purchase with that wealth would create work and we would get too keep the end product, instead of it becoming part of Obama's re-election campaign fund
That is real trickle down economics made simple. Allow the tax payer to keep more of his wealth, show him you can be trusted and watch him use it to grow the economy
Why did the GOP?

The politicians used to care about unemployment. At least, they gave it lip service in their speeches. But they don’t even do that any more. Before Republicans took control of the House in January, Republican leader John Boehner taunted the Democrats every day with his challenge: “Where are the jobs, Mr. President?” But since the Republicans began to share responsibility for the government, he’s dropped any pretense that he’s worried about jobs.
Where are the jobs, Mr. President, Mr. Speaker? - Rex Nutting - MarketWatch

How is that whole GOP idea of extending the Bush tax cuts to the rich, I mean "job creators" working out, by the way?
Nonfarm payroll employment edged up by 103,000 in September, and the unemployment rate held at 9.1 percent, the U.S. Bureau of Labor Statistics reported today. The increase in employment partially reflected the return to payrolls of about 45,000 telecommunications workers who had been on strike in August. In September, job gains occurred in professional and business services, health care, and construction. Government employment continued to trend down.
U.S. Employment Situation Report for September (Text) - Bloomberg

What does the collapse of the housing sector, closing many areas within the fossil fuel sector, Obama-care, threat of rasing taxes on the "rich", and lets throw in the EPA have to do with GWB tax cuts?
and all I remember the GOP who got elected in the house caimpaing on was stopping the Obama train
Good Job to date
 

Truthmatters

Rookie
Joined
May 10, 2007
Messages
80,182
Reaction score
2,263
Points
0
When the US Govt takes 1 trillion dollars of our wealth to "create a job" as Obama did, then all they have done is take 1 trillion dollars (really about 800 billion) of our wealth and re distributed it
It is wealth destruction is all it is

the private sector with the right conditions can create real jobs. How many jobs would that same 800 billion create in the private sector If the those who really pay taxes were allowed to keep that wealth?
What we purchase with that wealth would create work and we would get too keep the end product, instead of it becoming part of Obama's re-election campaign fund
That is real trickle down economics made simple. Allow the tax payer to keep more of his wealth, show him you can be trusted and watch him use it to grow the economy
"Trickle Down Economics" is just Keynsian Demand-Stimulus economics for Corporatists--there is really no functional economic difference between "trickling down" between one source of the "trickle" or another: demand always necessarily exists (the same cannot be said for supply, however), and abuse of Demand-Stimulus just saturates the demand side of a market that has insufficient supply to meet such an artificially robust demand--the inevitable result is serially perverse boom cycles.

None of this, of course, is news.
And the one percent loves that boom and bust cycle which is why the got Glass steagal killed.
 

NYcarbineer

Diamond Member
Joined
Mar 10, 2009
Messages
117,063
Reaction score
13,858
Points
2,210
Location
Finger Lakes, NY
When the US Govt takes 1 trillion dollars of our wealth to "create a job" as Obama did, then all they have done is take 1 trillion dollars (really about 800 billion) of our wealth and re distributed it
It is wealth destruction is all it is

the private sector with the right conditions can create real jobs. How many jobs would that same 800 billion create in the private sector If the those who really pay taxes were allowed to keep that wealth?
What we purchase with that wealth would create work and we would get too keep the end product, instead of it becoming part of Obama's re-election campaign fund
That is real trickle down economics made simple. Allow the tax payer to keep more of his wealth, show him you can be trusted and watch him use it to grow the economy
Wealth destruction? You want to see real wealth destruction, study history. Every time a government falls apart, wealth goes with it.
What is it you think is going on today?
Teachers and there jobs is a local issue, why the federal govt. got involved in it I have no idea
So teaching jobs aren't government jobs? They aren't jobs CREATED by the government?

The entire public school system consists of jobs created by the government AND education is one of the single most important components of ADDING VALUE to the economy.

So dispute that.
 

Truthmatters

Rookie
Joined
May 10, 2007
Messages
80,182
Reaction score
2,263
Points
0
Police

Fire departments.

Food inspection.

border control

Military hospitals
 

Most reactions - Past 7 days

Forum List

Top