Republican solution to unemployment

Email Print posted by stanski 10/09/2008 05:32:49 PM EST

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Press conference today.

Today Bush press secretary said the solution to unemployment is to go out and get a job. At a time when we lost 750,000 jobs this year, this is the Republican solution. At least she admitted she has never been unemployed so doesn't understand the situation. Someone tell her her job is almost over
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Republican solution to unemployment | 7 comments (7 topical, 0 hidden)
Of course (none / 0)
I'm surprised the House Republican compromise for the bailout plan didn't include 300 million bootstraps.

In fact, Halibutorn could've had a no-bid contract to produce them. Republican economics at its finest.

by ihavenobias on 10/09/2008 08:28:08 PM EST

Better idea! (none / 0)
I have a better plan!  Lets tax the crap outta the rich and the corporations, along with half the small businesses so they will have more money to hire additional employees.  Think of all the money that will be spent for investments to improve other companies by the rich when they see the government take it from them.  Lets give tax credits to the multitudes that feel they deserve more so they can continue to get money for nothing!  Gosh, that will make me work much harder when I get more money for doing absolutely nothing more.  All the extra revenue that a higher tax will create will pay for so much more.  If we remove the Bush tax cuts, then the 20% increase  on tax revenue the government got from the tax reductions will dry up and we can increase spending and get a much larger national debt!  The best thing out of all this... with raising the taxes on business to the point that the USA will now be the highest corporate taxing country in the world will definitely want them to bring those jobs back from overseas.  As a matter of fact, I would be shocked if another single company would want to move to another country with half the tax the USA would enact.

Oops, is my sarcasm showing????

by Relvig on 10/10/2008 01:56:19 AM EST

[ Parent ]
Now you're talking! (none / 0)
That's some mighty fine politicizin' right there.

by Spencer on 10/10/2008 02:49:46 AM EST

[ Parent ]
Is your sarcasm showing? (none / 0)
No, just your laughable, debunked conservative talking points.


According to the non-partisan Government Accountability Office, about 2/3 of all US Corporations paid no taxes from 1998-2005. So don't give me that "2nd highest tax rate in the world" bullshit. The on paper tax rate is one thing but the effective (aka, actual/practical/realistic) rate is another.


And guess what? During that time period we also saw a record number of jobs shipped overseas.


Sure seems like that destroys the weak argument that high taxes are to blame for outsourcing and relocation of corporations, doesn't it? (HINT: Yep.)


Tell me, how were taxes in the 90's when the economy was booming? Oh right, I forgot, they were higher. Tell me, how is the economy been doing since the Bush tax cuts (coupled with conservative style deregulation)? Oh that's right, we're facing the biggest economic crisis since the great depression.


Hey, I've got an even better idea. Let's give even MORE tax cuts for the rich and corporations (while continuing massive military spending)! 70% of the national debt was created by just 3 Republican presidents.


Ronald Regan borrowed more money than all presidents before him, from George Washington to Jimmy Carter, COMBINED thanks to that magic Republican formula of tax cuts for the rich and corporations coupled with massive military spending.


Now Bush has borrowed more than Reagan. Hell, that 70% figure is probably outdated, we're surely at the 75% mark, if not into the 80's at this point.


Now if you want to continue to insult us with this nonsense, may I suggest Rush Limbaugh's website or maybe Townhall.com instead?

by ihavenobias on 10/10/2008 02:57:31 AM EST

[ Parent ]
response (none / 0)
No, just your laughable, debunked conservative talking points.


According to the non-partisan Government Accountability Office, about 2/3 of all US Corporations paid no taxes from 1998-2005. So don't give me that "2nd highest tax rate in the world" bullshit. The on paper tax rate is one thing but the effective (aka, actual/practical/realistic) rate is another.
http://www.sfgate.com/cgi-b in/article.cgi?file=/c/a/20 08/08/13/MNC4129OFL.DTL agrees but adds explinations... sounds reasonable


And guess what? During that time period we also saw a record number of jobs shipped overseas.
But employment in the US increased.  Better jobs were available in the US in service jobs than manufacturing.  Those are the ones that left.


Sure seems like that destroys the weak argument that high taxes are to blame for outsourcing and relocation of corporations, doesn't it? (HINT: Yep.)
Um, no.


Tell me, how were taxes in the 90's when the economy was booming? Oh right, I forgot, they were higher. Tell me, how is the economy been doing since the Bush tax cuts (coupled with conservative style deregulation)? Oh that's right, we're facing the biggest economic crisis since the great depression.
Until The Fannie Mae and Freddie Mac fiasco?  Actually very good.  And the Bush tax cuts cause US tax revenues to increase 20%
lets get that right, a tax cut caused a greater tax revenue.  Figure that one out.  (hint: business boomed because of lower taxes)

Hey, I've got an even better idea. Let's give even MORE tax cuts for the rich and corporations (while continuing massive military spending)! 70% of the national debt was created by just 3 Republican presidents.
No, just keep the current ones.  I can't imagine why the rest of the globe watches us for economic growth. We must have been doing something right...


Ronald Regan borrowed more money than all presidents before him, from George Washington to Jimmy Carter, COMBINED thanks to that magic Republican formula of tax cuts for the rich and corporations coupled with massive military spending.
Yup, and Obama will spend even more...


Now Bush has borrowed more than Reagan. Hell, that 70% figure is probably outdated, we're surely at the 75% mark, if not into the 80's at this point.
With a Democratic president that shows spend issues with a Democratic congress, you ain't seen spending yet...


Now if you want to continue to insult us with this nonsense, may I suggest Rush Limbaugh's website or maybe Townhall.com instead?

by Relvig on 10/10/2008 03:45:55 AM EST

[ Parent ]
Is that the best you've got? (none / 0)
According to research from Larry Bartels out of Princeton, middle class wage growth is double when a Democrat is president.


According to Forbes magazine in 2004 (when the economy was no worse and actually better than it is now), the top 3 presidents for economic prosperity have been Democrats (too lazy to link, but will if pressed on the issue).


As for the bogus Conservative argument that increased tax revenues are a result of tax cuts, well, it's bullshit. Just about *any* time you increase population growth (as we have) with generic economic growth (more people=more demand for goods and services) tax revenues will increase.


Look at how much the tax cuts COST and how much MORE tax revenue we could have had. Especially since the tax cuts were primarily for the wealthiest Americans.


NEWSFLASH: Rich people don't create jobs, despite what Fox News says. DEMAND creates jobs, and when the lower/middle class (i.e. the vast majority of the population) has more money to spend, the increased demand for goods and services=new jobs and industries.


If the demand is there investment capital is also there. Tax giveaways for the rich does NOTHING to change this situation, it just means another house, luxury car or yacht.

PS---Look at the debt and spending historically and you'll see that your idea is not supported by the facts. You're making assumptions based on unsupported stereotypes regarding Democrats and spending. Sorry, but history and facts trump party stereotypes.

by ihavenobias on 10/10/2008 01:36:48 PM EST

[ Parent ]
Uh-oh (none / 0)
This dumb cut and paste motherfucker just wandered into nobias's wheelhouse.

by ProfRich on 10/10/2008 07:37:57 AM EST

[ Parent ]
Republican solution to unemployment | 7 comments (7 topical, 0 hidden)
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