CrusaderFrank
Diamond Member
- May 20, 2009
- 146,641
- 69,788
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When the US Govt takes 1 trillion dollars of our wealth to "create a job" as Obama did, then all they have done is take 1 trillion dollars (really about 800 billion) of our wealth and re distributed it
It is wealth destruction is all it is
the private sector with the right conditions can create real jobs. How many jobs would that same 800 billion create in the private sector If the those who really pay taxes were allowed to keep that wealth?
What we purchase with that wealth would create work and we would get too keep the end product, instead of it becoming part of Obama's re-election campaign fund
That is real trickle down economics made simple. Allow the tax payer to keep more of his wealth, show him you can be trusted and watch him use it to grow the economy
Hmmmm.....seems to me that we have been engaged in "Trickle Down Economics" since the Reagan years. Bush pushed MASSIVE tax cuts through Congress and Obama has continued those tax cuts. And if it really worked there would be more than enough jobs to go around right now, right?
But the sad fact is that "Trickle Down Ecnomics" has been and is a FAILED policy. It didn't work and won't work. Even Reagan's Budget Director David Stockman called it a "Trojan Horse".
I'm shock that anyone would still advocate cutting even MORE taxes on the wealthy in the name of "job creation" when it clearly has not worked.
It worked to good
we have created 40 million jobs sense RR
Failed?
980...... 90,528 74,154 24,263 1,077 4,454 18,733
1981...... 91,289 75,109 24,118 1,180 4,304 18,634
1982...... 89,677 73,695 22,550 1,163 4,024 17,363
1983...... 90,280 74,269 22,110 997 4,065 17,048
1984...... 94,530 78,371 23,435 1,014 4,501 17,920
1985...... 97,511 80,978 23,585 974 4,793 17,819
1986...... 99,474 82,636 23,318 829 4,937 17,552
1987...... 102,088 84,932 23,470 771 5,090 17,609
1988...... 105,345 87,806 23,909 770 5,233 17,906
1989...... 108,014 90,087 24,045 750 5,309 17,985
1990...... 109,487 91,072 23,723 765 5,263 17,695
1991...... 108,375 89,829 22,588 739 4,780 17,068
1992...... 108,726 89,940 22,095 689 4,608 16,799
1993...... 110,844 91,855 22,219 666 4,779 16,774
1994...... 114,291 95,016 22,774 659 5,095 17,020
1995...... 117,298 97,865 23,156 641 5,274 17,241
1996...... 119,708 100,169 23,409 637 5,536 17,237
1997...... 122,776 103,113 23,886 654 5,813 17,419
1998...... 125,930 106,021 24,354 645 6,149 17,560
1999...... 128,993 108,686 24,465 598 6,545 17,322
2000...... 131,785 110,995 24,649 599 6,787 17,263
2001...... 131,826 110,708 23,873 606 6,826 16,441
2002...... 130,341 108,828 22,557 583 6,716 15,259
2003...... 129,999 108,416 21,816 572 6,735 14,510
2004...... 131,435 109,814 21,882 591 6,976 14,315
2005...... 133,703 111,899 22,190 628 7,336 14,226
2006...... 136,086 114,113 22,531 684 7,691 14,155
2007...... 137,598 115,380 22,233 724 7,630 13,879
2008...... 136,790 114,281 21,334 767 7,162 13,406
2009...... 130,807 108,252 18,557 694 6,016 11,847
2010...... 129,818 107,337 17,755 705 5,526 11,524
ftp://ftp.bls.gov/pub/suppl/empsit.ceseeb1.txt
look at the policies and what they did to jo growth atarting with RR
You can also clearly see when the GOP took congress in the 90s an 00s
Hand out ice with that because that had to leave a mark