DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Tax Cuts For The Wealthy Created 1 million jobs

**freeringtonesioo** · 08-28-2011, 11:25 PM

Bullshit...

The wealhty have had tax cuts and have had an increase in the number of tax credits in 2009 in the stimulus law...

To claim otherwise shows your lack of knowledge on the subject...

Incorrect. Spending has increased. That spending will be paid for, eventually, by taxes. So taxes have been deferred in the very short term, and increased in the long term.

Now, to the spending. Resources are scarce. When the government is spending at the rates we are today, they are gobbling up a large part of the resources and the investment capital that could be spent in the private sector.

So yes, jobs are created by that government spending, but more jobs would undoubtedly be created if that spending was being done in the private sector.

Questioning my knowledge on the subject is a terrible first step, by the way.

08-28-2011, 11:25 PM	#18
freeringtonesioo Join Date Oct 2005 Posts 478 Senior Member	Bullshit... The wealhty have had tax cuts and have had an increase in the number of tax credits in 2009 in the stimulus law... To claim otherwise shows your lack of knowledge on the subject... Incorrect. Spending has increased. That spending will be paid for, eventually, by taxes. So taxes have been deferred in the very short term, and increased in the long term. Now, to the spending. Resources are scarce. When the government is spending at the rates we are today, they are gobbling up a large part of the resources and the investment capital that could be spent in the private sector. So yes, jobs are created by that government spending, but more jobs would undoubtedly be created if that spending was being done in the private sector. Questioning my knowledge on the subject is a terrible first step, by the way.
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