Where are the jobs that the wealthy were going to create for us?

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    Dec 29, 2011 1:59 PM GMT
    Back when the Bush tax cuts for the wealthiest Americans was first shoved down the rest of our throats, their strongest argument was that the rich were take this landfall money, re-invest it into their businesses and give it back to us in the form of more jobs.

    Same thing came up when those tax cuts were about to expire a couple of years back.

    Now with this new "millionaire tax" idea being floated around, the same lame argument is rearing it's ugly head. "It will hurt the job-creators!!". Boo hoo.

    I don't know why the GOP isn't being called on this at every chance.

    Let's be honest here... the GOP has absolutely NO desire for the economy or the job situation to improve during the next year. If anything, theyre working against improvement. It's the only weapon they have against Obama.
  • rnch

    Posts: 11524

    Dec 29, 2011 2:47 PM GMT
    southbeach1500 saidWhere are the jobs that the wealthy were going to create for us?

    They're on hold until the business hating Obama administration is history.

    Next question?






    and how do you explain the effects of "trickle down economonics" on the reduction/darn near elimination of the American middle class all the years BEFORE President obama was elected icon_question.gif



    GOP=

    Greedy

    One

    Percent
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    Dec 29, 2011 3:17 PM GMT
    There are going to be no new jobs for anyone in America, Canada, the UK, Australia, etc until all the MANUFACTURING jobs that have left for China come back. It isn't rocket science. Those are the jobs that employed the vast majority of the middle class. What the hell are the supposed rich with their tax breaks supposed to invest in when there is no manufacturing? They can't open up hundreds of factories employing tens of thousands of people making the millions of consumer goods like they used to because they can't compete with China. Until the China issue is dealt with there is not going to be any new jobs anywhere.
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    Dec 29, 2011 3:33 PM GMT
    Anyone who brings up the same points as the OP is derided as envious, socialist, and engaging in class warfare!
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    Dec 29, 2011 3:35 PM GMT
    southbeach1500 saidWhere are the jobs that the wealthy were going to create for us?

    They're on hold until the business hating Obama administration is history.

    Next question?


    Where was the job creation under Dubya with the tax cuts in place?
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    Dec 29, 2011 3:44 PM GMT
    catfish5 said
    southbeach1500 saidWhere are the jobs that the wealthy were going to create for us?

    They're on hold until the business hating Obama administration is history.

    Next question?


    Where was the job creation under Dubya with the tax cuts in place?


    longest ever 52 consecutive months of job growth and 26 consecutive quarters of GDP growth plus the highest ever income tax revenues AFTER enactment of the tax cuts.
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    Dec 29, 2011 3:53 PM GMT
    freedomisntfree said
    catfish5 said
    southbeach1500 saidWhere are the jobs that the wealthy were going to create for us?

    They're on hold until the business hating Obama administration is history.

    Next question?


    Where was the job creation under Dubya with the tax cuts in place?


    longest ever 52 consecutive months of job growth and 26 consecutive quarters of GDP growth plus the highest ever income tax revenues AFTER enactment of the tax cuts.


    More jobs were created in the previous decade under higher taxes than in this decade under lower taxes.

    http://thinkprogress.org/economy/2011/12/04/381510/upton-cant-explain-tax-cuts-jobs/
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    Dec 29, 2011 4:06 PM GMT
    catfish5 said
    freedomisntfree said
    catfish5 said
    southbeach1500 saidWhere are the jobs that the wealthy were going to create for us?

    They're on hold until the business hating Obama administration is history.

    Next question?


    Where was the job creation under Dubya with the tax cuts in place?


    longest ever 52 consecutive months of job growth and 26 consecutive quarters of GDP growth plus the highest ever income tax revenues AFTER enactment of the tax cuts.


    More jobs were created in the previous decade under higher taxes than in this decade under lower taxes.

    http://thinkprogress.org/economy/2011/12/04/381510/upton-cant-explain-tax-cuts-jobs/


    And more yet under Reagan.

    I said consecutive months of job growth and consecutive quarters of GDP growth under 43. Tax revenues were the highest ever plus the biggest rate of increase after the Bush tax cuts. And there's no question that Clinton and Gingrich worked well together. Both freely admit that.

    Our RE bust from 1991 to 1997 was primarily West Coast, and primarily due to the so called peace dividend. How else could I buy a house in April 1990 for a $1,090,000 in RVP and sell in November 96 for $545,000?

    This bust was pretty much all over, both cyclical and linear markets similar to the early 80s market bust
  • CuriousJockAZ

    Posts: 19133

    Dec 29, 2011 4:58 PM GMT
    Squarepeg saidBack when the Bush tax cuts for the wealthiest Americans was first shoved down the rest of our throats, their strongest argument was that the rich were take this landfall money, re-invest it into their businesses and give it back to us in the form of more jobs.

    Same thing came up when those tax cuts were about to expire a couple of years back.

    Now with this new "millionaire tax" idea being floated around, the same lame argument is rearing it's ugly head. "It will hurt the job-creators!!". Boo hoo.

    I don't know why the GOP isn't being called on this at every chance.

    Let's be honest here... the GOP has absolutely NO desire for the economy or the job situation to improve during the next year. If anything, theyre working against improvement. It's the only weapon they have against Obama.



    Tax cuts are only part of the whole story. Regulations are also an important factor, among others.
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    Dec 29, 2011 6:36 PM GMT
    CuriousJockAZ said
    Squarepeg saidBack when the Bush tax cuts for the wealthiest Americans was first shoved down the rest of our throats, their strongest argument was that the rich were take this landfall money, re-invest it into their businesses and give it back to us in the form of more jobs.

    Same thing came up when those tax cuts were about to expire a couple of years back.

    Now with this new "millionaire tax" idea being floated around, the same lame argument is rearing it's ugly head. "It will hurt the job-creators!!". Boo hoo.

    I don't know why the GOP isn't being called on this at every chance.

    Let's be honest here... the GOP has absolutely NO desire for the economy or the job situation to improve during the next year. If anything, theyre working against improvement. It's the only weapon they have against Obama.



    Tax cuts are only part of the whole story. Regulations are also an important factor, among others.


    The Obama administration has decreased regulation of business by nearly 5% since taking office.

    http://www.huffingtonpost.com/2011/08/23/obama-regulations_n_933878.html

    The reasons jobs are not being created is that the middle class doesn't have any money to spend and we live in an economy that is 70% consumption based. And the middle class' decline is largely due to the fact that corporations have given their profits to an increasingly small group of executives and shareholders rather than sharing those profits with the workers that actually did the work.
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    Dec 29, 2011 6:50 PM GMT
    Christian73 saidThe Obama administration has decreased regulation of business by nearly 5% since taking office.

    6530330395_314882e3fe.jpg
    Congressman Cantor Statement on Middle-Class Jobs and the Obama Administration’s Underwhelming Regulatory Review
    http://www.rpv.org/node/795
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    Dec 29, 2011 6:57 PM GMT
    socalfitness said
    Christian73 saidThe Obama administration has decreased regulation of business by nearly 5% since taking office.

    6530330395_314882e3fe.jpg
    Congressman Cantor Statement on Middle-Class Jobs and the Obama Administration’s Underwhelming Regulatory Review
    http://www.rpv.org/node/795


    This Eric Cantor?

    tumblr_ltonawmGgh1r0ey1mo1_400.jpg

    “Then tell the co-op board we’ll wire it from the Caymans account. Jesus Christ, Marlene.”

    http://ericcantorsbitchface.tumblr.com/
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    Dec 29, 2011 7:02 PM GMT
    Christian73 said
    socalfitness said
    Christian73 saidThe Obama administration has decreased regulation of business by nearly 5% since taking office.

    6530330395_314882e3fe.jpg
    Congressman Cantor Statement on Middle-Class Jobs and the Obama Administration’s Underwhelming Regulatory Review
    http://www.rpv.org/node/795


    This Eric Cantor?

    tumblr_ltonawmGgh1r0ey1mo1_400.jpg

    “Then tell the co-op board we’ll wire it from the Caymans account. Jesus Christ, Marlene.”

    http://ericcantorsbitchface.tumblr.com/

    DEMOCRATIC PLAYBOOK: WHEN YOU CANNOT ADDRESS THE ISSUES, DEFLECT TO THE MESSENGER. IF YOU HAVE NOTHING SUBSTANTIVE AGAINST THE MESSENGER, CHOOSE SOMETHING, ANYTHING, TRIVIAL. THE POINT IS YOU NEED TO RESPOND BECAUSE THE EXISTENCE OF A RESPONSE IS MORE IMPORTANT THAN ITS CONTENTS.
    -------------Guidelines for Democratic involvement in forums and blogs, September 17, 2011
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    Dec 29, 2011 7:39 PM GMT
    socalfitness said
    Christian73 said
    socalfitness said
    Christian73 saidThe Obama administration has decreased regulation of business by nearly 5% since taking office.

    6530330395_314882e3fe.jpg
    Congressman Cantor Statement on Middle-Class Jobs and the Obama Administration’s Underwhelming Regulatory Review
    http://www.rpv.org/node/795


    This Eric Cantor?

    tumblr_ltonawmGgh1r0ey1mo1_400.jpg

    “Then tell the co-op board we’ll wire it from the Caymans account. Jesus Christ, Marlene.”

    http://ericcantorsbitchface.tumblr.com/

    DEMOCRATIC PLAYBOOK: WHEN YOU CANNOT ADDRESS THE ISSUES, DEFLECT TO THE MESSENGER. IF YOU HAVE NOTHING SUBSTANTIVE AGAINST THE MESSENGER, CHOOSE SOMETHING, ANYTHING, TRIVIAL. THE POINT IS YOU NEED TO RESPOND BECAUSE THE EXISTENCE OF A RESPONSE IS MORE IMPORTANT THAN ITS CONTENTS.
    -------------Guidelines for Democratic involvement in forums and blogs, September 17, 2011


    Socal - When you post articles or statements by well-known liars like Cantor, why would you expect anyone to take them seriously?
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    Dec 29, 2011 8:51 PM GMT
    catfish5 saidAnyone who brings up the same points as the OP is derided as envious, socialist, and engaging in class warfare!


    And don't EVEN get me started on the whole "class warfare" bullshit. icon_evil.gif

    Those tax cuts were one of the most blatant examples of class cronyism in recent memory. The rich take care of their own. The rest are left to rummage through the garbage.
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    Dec 29, 2011 9:08 PM GMT
    Squarepeg said
    catfish5 saidAnyone who brings up the same points as the OP is derided as envious, socialist, and engaging in class warfare!


    And don't EVEN get me started on the whole "class warfare" bullshit. icon_evil.gif

    Those tax cuts were one of the most blatant examples of class cronyism in recent memory. The rich take care of their own. The rest are left to rummage through the garbage.


    It's pretty disgusting how envy driven some of you are. How were the tax cuts one of the most blatant examples of class cronyism? You do realize of course that after the Bush tax cuts, the rich paid MORE of the overall federal tax revenue base than before.

    It's sad that you seem more interested in developing solutions to punish those who create value over trying to create opportunities for everyone. Do facts matter to you?
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    Dec 29, 2011 9:38 PM GMT
    riddler78 said
    Squarepeg said
    catfish5 saidAnyone who brings up the same points as the OP is derided as envious, socialist, and engaging in class warfare!


    And don't EVEN get me started on the whole "class warfare" bullshit. icon_evil.gif

    Those tax cuts were one of the most blatant examples of class cronyism in recent memory. The rich take care of their own. The rest are left to rummage through the garbage.


    It's pretty disgusting how envy driven some of you are. How were the tax cuts one of the most blatant examples of class cronyism? You do realize of course that after the Bush tax cuts, the rich paid MORE of the overall federal tax revenue base than before.

    It's sad that you seem more interested in developing solutions to punish those who create value over trying to create opportunities for everyone. Do facts matter to you?


    LMFAO i couldnt even get past the first line of this post. What a crock of shit!!icon_lol.gificon_lol.gif
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    Dec 29, 2011 9:40 PM GMT
    Squarepeg said
    catfish5 saidAnyone who brings up the same points as the OP is derided as envious, socialist, and engaging in class warfare!


    And don't EVEN get me started on the whole "class warfare" bullshit. icon_evil.gif

    Those tax cuts were one of the most blatant examples of class cronyism in recent memory. The rich take care of their own. The rest are left to rummage through the garbage.


    Riddler and socal are the biggest perpetrators of this on RJ. Lmfao
  • musclmed

    Posts: 3284

    Dec 29, 2011 9:42 PM GMT
    Squarepeg saidBack when the Bush tax cuts for the wealthiest Americans was first shoved down the rest of our throats, their strongest argument was that the rich were take this landfall money, re-invest it into their businesses and give it back to us in the form of more jobs.

    Same thing came up when those tax cuts were about to expire a couple of years back.

    Now with this new "millionaire tax" idea being floated around, the same lame argument is rearing it's ugly head. "It will hurt the job-creators!!". Boo hoo.

    I don't know why the GOP isn't being called on this at every chance.

    Let's be honest here... the GOP has absolutely NO desire for the economy or the job situation to improve during the next year. If anything, theyre working against improvement. It's the only weapon they have against Obama.



    Did that first part come true?
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    Dec 29, 2011 9:51 PM GMT
    musclmed said
    Squarepeg saidBack when the Bush tax cuts for the wealthiest Americans was first shoved down the rest of our throats, their strongest argument was that the rich were take this landfall money, re-invest it into their businesses and give it back to us in the form of more jobs.

    Same thing came up when those tax cuts were about to expire a couple of years back.

    Now with this new "millionaire tax" idea being floated around, the same lame argument is rearing it's ugly head. "It will hurt the job-creators!!". Boo hoo.

    I don't know why the GOP isn't being called on this at every chance.

    Let's be honest here... the GOP has absolutely NO desire for the economy or the job situation to improve during the next year. If anything, theyre working against improvement. It's the only weapon they have against Obama.



    Did that first part come true?


    Review Catfish's link...
    http://thinkprogress.org/economy/2011/12/04/381510/upton-cant-explain-tax-cuts-jobs/
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    Dec 29, 2011 9:55 PM GMT
    catfish5 said
    Squarepeg said
    catfish5 saidAnyone who brings up the same points as the OP is derided as envious, socialist, and engaging in class warfare!


    And don't EVEN get me started on the whole "class warfare" bullshit. icon_evil.gif

    Those tax cuts were one of the most blatant examples of class cronyism in recent memory. The rich take care of their own. The rest are left to rummage through the garbage.


    Riddler and socal are the biggest perpetrators of this on RJ. Lmfao


    So says the guy who can't tax the rich enough - just because they are rich? Are you a parody or are you really that stupid?
  • Posted by a hidden member.
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    Dec 29, 2011 9:59 PM GMT
    The better question: where are the jobs that the Obama Administration promised would be created with stimulus? Why has economic growth lagged and why does the CBO now believe that the stimulus will be a drag on the economy going forward?
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    Dec 29, 2011 10:03 PM GMT
    riddler78 said
    catfish5 said
    Squarepeg said
    catfish5 saidAnyone who brings up the same points as the OP is derided as envious, socialist, and engaging in class warfare!


    And don't EVEN get me started on the whole "class warfare" bullshit. icon_evil.gif

    Those tax cuts were one of the most blatant examples of class cronyism in recent memory. The rich take care of their own. The rest are left to rummage through the garbage.


    Riddler and socal are the biggest perpetrators of this on RJ. Lmfao


    So says the guy who can't tax the rich enough - just because they are rich? Are you a parody or are you really that stupid?


    You have a tremendous envy of all things American because you sure the hell cant stop talking about American politics enough...And your not even American! Suck my red, white, and blue dick u commie! Lmfao icon_lol.gif
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    Dec 29, 2011 10:04 PM GMT
    southbeach1500 said
    Squarepeg said
    catfish5 saidAnyone who brings up the same points as the OP is derided as envious, socialist, and engaging in class warfare!


    And don't EVEN get me started on the whole "class warfare" bullshit. icon_evil.gif

    Those tax cuts were one of the most blatant examples of class cronyism in recent memory. The rich take care of their own. The rest are left to rummage through the garbage.



    You are aware that the tax cuts were extended to everyone, no?


    The Bush tax cuts disproportionately benefited the very wealthy and high income earners. This is pretty basic information that you, claiming to be one of the latter, should be very aware of. icon_rolleyes.gif

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    Dec 29, 2011 10:18 PM GMT
    riddler78 said
    Squarepeg said
    catfish5 saidAnyone who brings up the same points as the OP is derided as envious, socialist, and engaging in class warfare!


    And don't EVEN get me started on the whole "class warfare" bullshit. icon_evil.gif

    Those tax cuts were one of the most blatant examples of class cronyism in recent memory. The rich take care of their own. The rest are left to rummage through the garbage.


    It's pretty disgusting how envy driven some of you are. How were the tax cuts one of the most blatant examples of class cronyism? You do realize of course that after the Bush tax cuts, the rich paid MORE of the overall federal tax revenue base than before.

    It's sad that you seem more interested in developing solutions to punish those who create value over trying to create opportunities for everyone. Do facts matter to you?


    Riddler - Since facts have never mattered to you, this is your most hilarious post yet.

    Progressive taxation is not about punishment or envy, it's about living up to democratic ideals, which extreme income and wealthy inequality erode wherever it's found.