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There is a direct link between spending and jobs and no such link between tax cuts and jobs

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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 07:58 PM
Original message
There is a direct link between spending and jobs and no such link between tax cuts and jobs
Edited on Mon Feb-09-09 08:02 PM by ThomWV
When the Government spends it does so to buy something. That something may be as insubstantial as advice or as tangible as an aircraft carrier or a bridge, but indeed in every instance something is purchased. No matter what that something is a person must be employed to serve it up. A person may be a consultant or a painter, a mathematician, foundry worker, or bricklayer but people have to be employed to provide the goods and services bought. There is no closer linkage than spending and employment.

Consider tax cuts on the other hand. Where is the linkage? We are are told that when the rich have more they reinvest it as if every rich person on earth was invested up to their eyeballs right now and couldn't spring for another new hire if their very lives depended on it. Clearly nothing could be farther from the truth. The rich already have more money than their needs require - that excess is the essense of being rich - and have not created jobs how can anyone say that giving them more will? There is no linkage at all and that is proven by the simple fact that the rich are indeed getting richer but job loss continues. On its face it appears that the Republican argument fails miserably and for the life of me I do not know why this isn't being sung from the rooftops. Tax cuts do not create jobs!
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HughBeaumont Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:25 PM
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1. Proof is in the pudding . . . or lack thereof . . .
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