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How many jobs did Bush say the tax cuts would create?

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JanMichael Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-07-04 12:58 PM
Original message
How many jobs did Bush say the tax cuts would create?
Wasn't he claiming that by April of this year the 3,000,000 lost jobs would be reclaimed? IIRC that was some 300,000 jobs created per month, from the point of the massive cuts, yes?

Also: How many jobs, net, does the economy have to create monthly to simplt keep pace with population growth? 150,000 or 180,000?

Thanks!

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drdigi420 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-07-04 01:02 PM
Response to Original message
1. tax cuts do not create jobs
without customers, employers do not hire, period.

if an employer that doesnt have more customers gets a tax break, that employer puts that money in the bank, or in the stock market.

the only way to create jobs is to give those at the bottom more spending power, creating more demand for products and services, creating jobs to provide them

It's amazing to me that people who have studied economics all their lives arent screaming this from every tv

we proved that 'trickle-down' economics didn't work under reagan, it's not working now.
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mhr Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-07-04 01:30 PM
Response to Original message
2. www.jobwatch.org Explains Everything
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demgrrrll Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-07-04 02:32 PM
Response to Reply #2
3. I think he is over one million under what he promised in terms of job
growth. I know that in my field there are half as many job listings in the newspaper as there were in the Clinton years. Bush is such a putz.
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Catshrink Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-07-04 04:44 PM
Response to Reply #3
5. I think that many jobs have been created -- in India!
Did he actually say they'd be Murikan jobs?

(echoes of the "imminent threat" crap)
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SheilaT Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-07-04 04:20 PM
Response to Original message
4. Back in the early years of the 20th century
Henry Ford understood that if he were to sell the cars he was making, then his workers needed to be able to afford them. So he started paying men on the assembly line $5 per day for a six day week, double what most industry jobs paid. Double, imagine that! Here's a link http://www.aaca.org/history/cars_20.htm

Men now earned a decent wage and could afford a decent life and it transformed America.

On a personal note, both of my husband's grandfathers moved to Detroit around then to go to work in the Ford assembly plant.
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