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Originally posted by The Larry Davis Experience
I agree with you that Edwards' blunt sound bite argument about jobs and the negative effects of free trade isn't really accurate. However, I think there is a much more nuanced argument to be made that the Bush tax cuts were poorly structured to create jobs, and fostered the investment of profits in the stock market rather than increasing payrolls.
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Tax cuts are never structured to create or eliminate jobs. They are but one of several "levers" that can be pulled in order to stimulate the economy. Stimulating the economy eventually = growth which eventually = jobs.
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Originally posted by The Larry Davis Experience At any rate, what do you think of this paragraph from that article:
Not that you have to agree with everything the guy writes. I'm just curious to see if you are equally persuaded by his "on the other hand" comments.
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I have posted numerous times that IMHO, the deficits should be blamed on overspending, rather than the tax cuts, especially considering the most of the tax cuts have yet to really go into effect due to their phased in nature.
