Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

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

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
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!
Printer Friendly | Permalink |  | Top
HughBeaumont Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-09-09 08:25 PM
Response to Original message
1. Proof is in the pudding . . . or lack thereof . . .
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Sun May 05th 2024, 05:09 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC