"Trump: Tax reform can create ‘millions of jobs"

[cawacko]

When Obama took office, we were shedding about 800,000 jobs/month. The Stimulus helped create/save a lot of jobs, and after the myriad bailouts, the auto sector picked up, along with the typical low wage jobs.

At issue for me, is the Conservative claim that cutting taxes produces jobs. In the history of supply side economics, that has never happened. If we increase demand by putting money into the pockets of the middle class, that would be a viable experiment....given that it's never been tried.

But Republicans always demand cuts for top earners if they're going to give cuts to the lower earners. They seem to think that a 100-1 ratio is what the economy needs.

Ironic that Republican administrations always talk about the ills of the public sector, and claim that the govt. doesn't create jobs. Yet these jobs tend to increase during Republican reign.

Ok, but I was asking about the drop in public sector jobs which is what we were discussing.

As an aside the stimulus didn't come close to meeting the results its architects promoted.

Republicans clearly like to spend money on the military. It's where the public sector grows on their watch.

 

[Althea]

Ok, but I was asking about the drop in public sector jobs which is what we were discussing.

As an aside the stimulus didn't come close to meeting the results its architects promoted.

Republicans clearly like to spend money on the military. It's where the public sector grows on their watch.

I see. So your original comment referred to the drop in military deployments. But that doesn't mean those soldiers necessarily leave the military. Interesting point though.


The Stimulus didn't hit targets for two reasons. Republicans blocked any further spending on the planned later rounds of Stimulus. And....Republican governors took the money (while publicly denouncing the program) and simply balanced their budgets...never creating the jobs. The problem with the Stimulus was the way the money was disbursed. Given the emergency nature of the worst economic crash in decades, there was little oversight, or planning. It was this lack of planning that allowed Rick Perry to abscond with $3 billion in Stimulus money, and later brag about a balanced budget.