Bush and the incredibly stupid Myth of Jobs from stupid tax cuts!

[pubguy]

Unfortunately for us you appear to be dead on with your assessment.

And "we finally got a piece of the piiiie" :lol:

 

[SmallDaddy]

Are businesses more likely to grow and expand if they have more money or if they have less money?

Are employers more likely to hire new employees if they have more money or if they have less money?

hno:

Businesses are more likely to grow if there is a demand for their products.
They can almost always get loans.

But if people (middle class, not the poor) dont have the money to buy their product, you can give them all the tax cuts in the world and they wont invest a penny of that money. Nothing is gonna be trickling down
They will just start "gambling" with that money.

 

[Willie99]

Demand is not increased by redistributing assets, especially for two of the industries that drive our economy the most, housing & auto. A rising tide most certainly does raise all boats. Government is an anchor.

Furthermore, decreasing incentives to work and earn more works like a charm, as the States with the most generous welfare programs have the most poverty, as in the most people content living on welfare.

 

[SmallDaddy]

"A rising tide most certainly does raise all boats."


And that is the middle class.

Not the rich and certainly not the poor

 

[pubguy]

All boats means all classes. During the Reagan years and during the Clinton years (both times of multi-year growth) every income level prospered.