Collarspace Discussion Forums


Home  Login  Search 

New Republican jobs plan calls for even more tax cuts for wealthy individuals, corporations


View related threads: (in this forum | in all forums)

Logged in as: Guest
 
All Forums >> [Community Discussions] >> Dungeon of Political and Religious Discussion >> New Republican jobs plan calls for even more tax cuts for wealthy individuals, corporations Page: [1]
Login
Message << Older Topic   Newer Topic >>
New Republican jobs plan calls for even more tax cuts f... - 5/26/2011 9:52:06 PM   
Brain


Posts: 3792
Joined: 2/14/2007
Status: offline 		This isn’t a jobs plan it’s an unemployment plan. To create jobs you have to increase demand. To increase demand you have to increase income of the middle class - and Republicans do the opposite. That’s why Republicans never create jobs.

I know Popeye would love more trade deals.


New Republican 'jobs' plan calls for even more tax cuts for wealthy individuals, corporations

Other than adding hundreds of billions, if not trillions, to our national debt, more tax cuts won't accomplish a single thing. To be fair to Republicans, they do have a few other proposals: they want to increase drilling for oil, reform patents, eliminate many regulations for consumer and environmental protection, and enact trade deals with Columbia, Panama, and South Korea. They say the latter proposal will generate 250,000 jobs, the only specific job figure in their entire plan.

Republicans also say part of their jobs plan is to reduce the national debt. You may ask how that could be possible if they are also planning to cut taxes on the wealthy and corporations. The answer is simple: they plan to decimate Medicaid and eradicate Medicare.
That, in a nutshell, is the Republican economic philosophy: cut taxes on the rich and shift much of the burden for covering health care costs to the poor and the elderly. And the most pathetic thing about it is that it won't even create a single job.

http://www.dailykos.com/story/2011/05/26/979554/-New-Republican-jobs-plan-calls-for-even-more-tax-cuts-for-wealthy-individuals,-corporations

Profile   Post #: 1
RE: New Republican jobs plan calls for even more tax cu... - 5/26/2011 9:59:25 PM   
Owner59


Posts: 17033
Joined: 3/14/2006
From: Dirty Jersey
Status: offline 		It`ll "trickle" back to the cons as campaign donations.

That`s the main reason cons tongue clean the ass-holes of corporate rich types so thoroughly.
.

_____________________________

"As for our common defense, we reject as false the choice between our safety and our ideals"

President Obama

(in reply to Brain)
Profile   Post #: 2
RE: New Republican jobs plan calls for even more tax cu... - 5/27/2011 5:03:26 AM   
Lucylastic


Posts: 40310
Status: offline 		I think they should name it for what it is
Backwash
Ptooey


_____________________________

(•_•)
<) )╯SUCH
/ \

\(•_•)
( (> A NASTY
/ \

(•_•)
<) )> WOMAN
/ \

Duchess Of Dissent
Dont Hate Love

(in reply to Owner59)
Profile   Post #: 3
RE: New Republican jobs plan calls for even more tax cu... - 5/27/2011 12:25:14 PM   
Fellow


Posts: 1486
Joined: 9/21/2009
Status: offline 		The Republicans came out with general ideas. It is not a detailed plan. One can download the whole document here: http://majorityleader.gov/Jobs/index.shtml

The idea to stimulate small businesses is OK. However, the whole thing would do very little for it. For example, signing all "free trade" agreements guarantees US job losses [see: http://citizen.typepad.com/eyesontrade/2011/05/trade-deficit-with-fta-countries-continues-to-climb.html ]. The number 250,000 net job creation is false. Tax 25% for job creating businesses would help. How would changing visa system to allow more skilled foreigners helps employing Americans in is not clear to me? How will austerity measures improve job creation?
In general, the emphasis of the proposal is how to make and keep more profits for mega-corporations.
There is nothing that would create jobs in fast pace.

Obama administration is sleeping, the job issue could, if effectively dealt with, improve their rating.

(in reply to Lucylastic)
Profile   Post #: 4
RE: New Republican jobs plan calls for even more tax cu... - 5/27/2011 12:49:13 PM   
willbeurdaddy


Posts: 11894
Joined: 4/8/2006
Status: offline
quote:

ORIGINAL: Brain

To create jobs you have to increase demand. To increase demand.....


Wow you actually had it right....for 11 whole words!

To create jobs you have to increase demand FOR EMPLOYEES, not for "stuff". That means making doing business in the US competitive, not artificial redistribution of wealth.


_____________________________

Hear the lark
and harken
to the barking of the dogfox,
gone to ground.

(in reply to Brain)
Profile   Post #: 5
RE: New Republican jobs plan calls for even more tax cu... - 5/27/2011 1:08:44 PM   
Musicmystery


Posts: 30259
Joined: 3/14/2005
Status: offline 		Gosh....please don't make me defend Brain.

Demand for labor is a complex demand, derived from the demand for goods.

You know this.

(in reply to willbeurdaddy)
Profile   Post #: 6
RE: New Republican jobs plan calls for even more tax cu... - 5/27/2011 1:21:24 PM   
Moonhead


Posts: 16520
Joined: 9/21/2009
Status: offline
quote:

ORIGINAL: willbeurdaddy


quote:

ORIGINAL: Brain

To create jobs you have to increase demand. To increase demand.....


Wow you actually had it right....for 11 whole words!

To create jobs you have to increase demand FOR EMPLOYEES, not for "stuff". That means making doing business in the US competitive, not artificial redistribution of wealth.


How would you describe taking money from whatever vestiges you have left of a proletariat and bourgeousie at the moment, and funnelling it all upwards to the ruling class if not an "artificial redistribution" of wealth?
It may be trickling, but it isn't trickling down at the moment...

_____________________________

I like to think he was eaten by rats, in the dark, during a fog. It's what he would have wanted...
(Simon R Green on the late James Herbert)

(in reply to willbeurdaddy)
Profile   Post #: 7
RE: New Republican jobs plan calls for even more tax cu... - 5/27/2011 1:27:14 PM   
willbeurdaddy


Posts: 11894
Joined: 4/8/2006
Status: offline
quote:

ORIGINAL: Musicmystery

Gosh....please don't make me defend Brain.

Demand for labor is a complex demand, derived from the demand for goods.

You know this.


Complex yes. For this board you have to dumb it down. Besides you and the disappeared (Invisible Black I think it was) I have no hope of anyone fathoming just HOW complex, much less the complexities themselves.

However, DERIVED from the demand for goods overstates that aspect. Supply of goods (if marketed properly) can create demand for those goods as well as vice versa. The jobs to create that supply (and the demand for employees to fill those jobs) precede the demand for the product.
In fact for most products demand for the product drives expansion of the labor market, but the creation.

But you dont get the R&D and investment in creating that supply domestically when there are so many negatives to doing business here.

< Message edited by willbeurdaddy -- 5/27/2011 1:30:24 PM >

_____________________________

Hear the lark
and harken
to the barking of the dogfox,
gone to ground.

(in reply to Musicmystery)
Profile   Post #: 8
RE: New Republican jobs plan calls for even more tax cu... - 5/27/2011 9:24:16 PM   
Brain


Posts: 3792
Joined: 2/14/2007
Status: offline 		No, I had it exactly right. It's the middle class that makes America great. And it's this shrinking middle class that represents America in decline. You need to increase the income of the middle class so that they have money to buy.

It's when people increase their purchases and spend money that jobs are created. And it's Republican's refusal to increase the income of the middle class and the poor that accounts for their dismal performance in creating jobs.

quote:

ORIGINAL: willbeurdaddy


quote:

ORIGINAL: Brain

To create jobs you have to increase demand. To increase demand.....


Wow you actually had it right....for 11 whole words!

To create jobs you have to increase demand FOR EMPLOYEES, not for "stuff". That means making doing business in the US competitive, not artificial redistribution of wealth.



(in reply to willbeurdaddy)
Profile   Post #: 9
RE: New Republican jobs plan calls for even more tax cu... - 5/28/2011 7:24:25 AM   
Termyn8or


Posts: 18681
Joined: 11/12/2005
Status: offline 		"It's when people increase their purchases and spend money that jobs are created."

People have spent alot of money in the last few decades. The problem is too much of it going out of the country.

T^T

(in reply to Brain)
Profile   Post #: 10
RE: New Republican jobs plan calls for even more tax cu... - 5/28/2011 7:29:53 AM   
Owner59


Posts: 17033
Joined: 3/14/2006
From: Dirty Jersey
Status: offline 		And there are the guys all righteous and mighty about debt reduction......

It`s obvious where the cons loyalties lay......follow the money.


_____________________________

"As for our common defense, we reject as false the choice between our safety and our ideals"

President Obama

(in reply to Termyn8or)
Profile   Post #: 11
Page:   [1]
All Forums >> [Community Discussions] >> Dungeon of Political and Religious Discussion >> New Republican jobs plan calls for even more tax cuts for wealthy individuals, corporations Page: [1]
Jump to:





New Messages No New Messages
Hot Topic w/ New Messages Hot Topic w/o New Messages
Locked w/ New Messages Locked w/o New Messages
 Post New Thread
 Reply to Message
 Post New Poll
 Submit Vote
 Delete My Own Post
 Delete My Own Thread
 Rate Posts




Collarchat.com © 2025
Terms of Service Privacy Policy Spam Policy

0.078