Could we please return to the topic on taxes and extending unemployment benefits?
There are those who believe, as I once did, that cutting taxes for the wealthier parts of society spur economic development and the creation of jobs. America, for the last 30 years, has effectively been conducting an experiment on whether or not this new direction pioneered by Reagan actually works.
During the Clinton years, 22.7 million jobs were created. He raised taxes on the top 2%, a move Republicans predicted would bring recession.
During the Bush II years, 3 million jobs were created. The Wall Street Journal, hardly a left wing source, declared it was the "worst track record".
Empirical evidence indicates that cutting taxes for the wealthy does little or nothing to spur growth.
By contrast, the opinion that extending unemployment benefits is a sound way to support or boost the economy is shared by many top economists: Letter to the President and Congress from the Economic Policy Institute
Extending unemployment benefits is compassionate, effective and relatively cheap in comparison to the Bush tax cuts.
There are those who believe, as I once did, that cutting taxes for the wealthier parts of society spur economic development and the creation of jobs. America, for the last 30 years, has effectively been conducting an experiment on whether or not this new direction pioneered by Reagan actually works.
During the Clinton years, 22.7 million jobs were created. He raised taxes on the top 2%, a move Republicans predicted would bring recession.
During the Bush II years, 3 million jobs were created. The Wall Street Journal, hardly a left wing source, declared it was the "worst track record".
Empirical evidence indicates that cutting taxes for the wealthy does little or nothing to spur growth.
By contrast, the opinion that extending unemployment benefits is a sound way to support or boost the economy is shared by many top economists: Letter to the President and Congress from the Economic Policy Institute
Extending unemployment benefits is compassionate, effective and relatively cheap in comparison to the Bush tax cuts.
Atheist Forums Hall of Shame:
"The trinity can be equated to having your cake and eating it too."
... -Lucent, trying to defend the Trinity concept
"(Yahweh's) actions are good because (Yahweh) is the ultimate standard of goodness. That’s not begging the question"
... -Statler Waldorf, Christian apologist
"The trinity can be equated to having your cake and eating it too."
... -Lucent, trying to defend the Trinity concept
"(Yahweh's) actions are good because (Yahweh) is the ultimate standard of goodness. That’s not begging the question"
... -Statler Waldorf, Christian apologist
