Jobs, Not Tax Cuts

By: ckparm

This really isn't so complicated. Virtually nobody (with the very important exception of Mr. Krugman) has challenged the economic garbage that the Bush administration has been heaping on us.

It is really simple. Why spend $500,000 for the hope of a job when you can create a job directly for 1/10^th that amount of government money? If tax cuts produced jobs, then why did we LOSE 324,000 jobs in 2002 according to Bureau of Labor stats. Just to stay even with population growth, we should have ADDED about 2 million jobs each year.

The Bush policy goes 180 degrees in the wrong direction. After the 2001 policy has proven to be so completely wrong, why would anybody with half a brain want to do more of what went wrong the last time?

We see Reagan's 8 years and its voodoo economics (deficit spending like crazy) took us from 91M jobs to 105M, barely keeping up with population growth while putting us all deeply in hock. Bush 1 created only 3M jobs in 4 years - less than a million jobs a year, falling way behind population growth. That was widely seen as a complete failure to manage the economy responsibly. In other words "No New Taxes" is pretty much the same as saying "Get in line behind the other 400 people over there filing for unemployment insurance."

In Clinton's 8 years, the economic policy was reversed from Reagan/Bush. The Clinton policy stressed investment and the nation being responsible for paying its bills. The policy was reversed and so were the results. In Clinton's 8 years, employment went from 108M to 130M - almost 3 million jobs a year! Way ahead of population growth.

And now Bush 2 has reversed the Clinton policy and the results are reversed. Bush took office with 131 million jobs and we've been going backwards ever since.

A bunch of Americans instinctively get it. They don't have to look at the data tables. They know this Bush is bad for jobs, just like his daddy was. That is why you are seeing very soft support for tax cuts in all the polls.

The only real mystery, as usual, is: WHERE ARE THE DEMOCRATS? The morons are debating whether we should give Bush a $350 billion giveaway or a $700 billion one. Why are they not out there pushing for a true job creation policy? If the GOP has the votes to pass their own plan anyway, why not go on record with a different plan so the public will start asking questions as this Bush plan puts us into deeper economic voodoo?