Every Republican thinks so.
George W. Bush on May 6, 2003
"The unemployment number is now at 6 percent, which should serve as a clear signal to the United States Congress we need a bold economic recovery package so people can find work. (Applause.) That 6-percent number should say loud and clear to members of both political parties in the United States Congress, we need robust tax relief so our fellow citizens can find a job. (Applause.)"
Of course, his robust tax relief really meant - a big tax cut mostly for the rich. As I detail here
http://journals.democraticunderground.com/hfojvt/81"On the other side, the 11,433 filers with income of $10,000,000 or more saved $25.84 billion (28.1% of the benefits going to .05% of the beneficiaries with an average savings of $2,260,124) and the 101,676 filers with income over $2,000,000 got $46.615 billion (50.9% of the benefits going to .47% of the beneficiaries with an average savings of $458,466.)"
edit: maybe I should include the other side
"Secondly I note that there were 54,585,560 filers with income below $50,000 who had no capital gains or dividends. Thus, only 10.6% of filers with incomes below $50,000 had capital gains or dividend income (at least outside of a tax sheltered 401K)."
And unlike Republicans today, Bush didn't think the deficit was a reason to block his plan - jobs came first!!
"Yes, I'm worried about the deficit. I'm worried about the deficit, but I'm more worried about the fellow looking for work. I'm worried about the deficit, but I'm more worried about the single mom who's worried about putting food on the table for her children, so she could find work. And that's where the focus of this administration is going to be." May 12, 2003
Republicans are still repeating those lies
1. tax cuts mostly for the wealthy will create jobs better than government spending
2. tax cuts will magically increase government revenue