Quote:
Originally posted by sgtclub
Tax cuts are never structured to create or eliminate jobs.
|
Well, I can agree that tax cuts aren't structured to eliminate jobs.
Quote:
|
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.
|
The economy is generating jobs at a rate significantly below that which we've seen during periods of similar overall GDP growth levels over the past several decades and recoveries. What in your mind has resulted in the weakening of the stimulus -> growth -> jobs causal chain? Is it just some sort of malaise based on the current war on terror which is somehow overcoming the stimulative effects of tax cuts and increased defense and security expenditures?
edited to fix tags.
