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Eric Cantor: Extending Bush Tax Cuts Will Result In..(drum roll please)..JOB GROWTH! USA! USA! USA!

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Amerigo Vespucci Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 10:44 AM
Original message
Eric Cantor: Extending Bush Tax Cuts Will Result In..(drum roll please)..JOB GROWTH! USA! USA! USA!
YOU know...all of those jobs that were SUPPOSED to have been created as the direct result of the Bush Tax Cuts for the wealthy, but WERE NOT created, WILL not be created if the tax cuts expire.

You don't want THAT to happen, do you...comrade?

:rofl:

Republican Leaders Now Touting Jobs Over Deficit Reduction

First Posted: 08- 3-10 10:05 AM | Updated: 08- 3-10 10:34 AM



After months of insisting that the American public is acutely concerned with prioritizing deficit reduction, Republican lawmakers now seem to be operating off of a different polling playbook: pitching the need to create jobs even if the deficit grows.

In recent days, two of the top Republican leaders in the House have made that case that Congress must extend the Bush tax cuts for the wealthy -- not because doing so will trim the deficit (House Minority Whip Eric Cantor acknowledged on Monday that the deficit would grow) -- but because keeping the tax rates low for wealthy Americans making more than $200,000 per year would result in job growth.

Speaking to MSNBC, Cantor implored the viewing public to look at the debate through "the prism of the working families seeking jobs and the small business people who are creating them."

"f you have less revenues coming in to the federal government, and more expenditures, what does that add up to?" the Virginia Republican added. "Certainly you are going to dig the hole deeper, but you also have to understand if the priority is to get people back to work, is to start growing this economy again, you don't want to make it more expensive for job creators."

Cantor took a heap of criticism from Democrats for his remark. How, after all, could a self-proclaimed deficit hawk champion a policy that even they acknowledge would worsen the deficit? But there was a far more interesting thread to his statement than the evident hypocrisy. Job creation, it appears, is becoming the prioritized talking point once more with Republican lawmakers, at least with respect to the debate over tax cuts.

Last Thursday, for instance, Cantor's colleague, Rep. Mike Pence (R-Ind.) told Bloomberg's Al Hunt that the American public had two basic concerns, job creation and then deficit reduction -- and jobs were the no. 1 priority.

"Well, as I said before, I really believe the priorities of the American people today are job creation and fiscal discipline, and I believe that it's in that order," the Indiana Republican said. "I think the American people know we're never going to balance this federal budget again unless we get this economy growing. And the very idea that we would allow taxes to increase on job creators in this country on January 1st of next year, I think, is astounding to most Americans. The last thing you want to do in the worst economy in 25 years is raise taxes on people that create jobs in the city and on the farm."

http://www.huffingtonpost.com/2010/08/03/republican-leaders-now-to_n_668608.html
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phleshdef Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 10:46 AM
Response to Original message
1. They've had the cuts in place for a decade, where are the jobs Eric?
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JuniperLea Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 10:49 AM
Response to Reply #1
3. VooDoo economics does not work...
Didn't work for Reagan, didn't work for Bush.

Now THAT'S some "propaganda" that needs catapulted!
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FiveGoodMen Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 11:35 AM
Response to Reply #3
15. On the contrary, it works great.
Not as advertised of, course, but it allows liars to steal America blind generation after generation.

That's what voodoo economics was created for. QED.
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RockaFowler Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 10:50 AM
Response to Reply #1
4. I was gonna ask the same thing
Why isn't the media asking this question??
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HughBeaumont Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 10:52 AM
Response to Reply #4
6. Nope. Instead, they're touting the "WE'RE ALL GONNER DIE IF THEY AREN'T EXTEND'D!!" message.
Universally.

And because the rich Republican assholes of this country control the message almost completely, the idiots of this planet who believe exactly what the TV tells them will fall for it hook, line and sinker.
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Botany Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 10:55 AM
Response to Reply #4
7. because much of "the media" does the bidding of the powerful
CNN was running a bull shit story sunday about the hurting that a $175,000 / year will
undergo w/ the Obama tax heights .... they had one little qualifier that "this might happen"


BTW the Iraq war and 2 stolen election should have shown us all that.
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FiveGoodMen Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 11:36 AM
Response to Reply #4
16. "Why isn't the media asking this question??"
Because the neo-cons haven't told them to.
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Botany Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 10:51 AM
Response to Reply #1
5. damn stats & graphs
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trueblue2007 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 11:00 AM
Response to Reply #1
10. eric cantor is a liar
bush tax cuts HURT the USA. even greenspan and reaguns finance guy said so.
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DailyGrind51 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 11:02 AM
Response to Reply #1
11. Notice that no "journalist" has ever asked a Republican that question.
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JuniperLea Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 10:48 AM
Response to Original message
2. Yet another failed GOP policy...
And they think they are going to "take back Congress" on these failed policies.

Love the graph!

Without Bush-era tax cuts and his illegal, unfunded and unsuccessful wars, we would have been in pretty good shape.
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TreasonousBastard Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 10:58 AM
Response to Original message
8. But maybe, just maybe....
after 10 years of these tax cuts and no job growth, the truth is that tax cuts for billionaires REDUCE jobs and inhibit any hope for growth.

Tax 'em and we reduce the deficit and get job growth-- just what they want, isn't it?

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vi5 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 11:00 AM
Response to Original message
9. You know, I can't even laugh at this shit any more....
..even though that's really the only reasonable, sane reaction to this type of pure garbage. The fact is that the very serious people in washington, most of whom also know this is pure bullshit, rather than simply calling it the bullshit it is will attempt to be "bipartisan" and split the difference between this and something more "centrist" and "moderate". Rather than just saying "Fuck you, you got what you wanted 10 years ago and it didn't work....as evidence, look the fuck around you." what they'll end up doing is still attempting to bring jackasses like this and jackasses who believe this crap into the negotiation and decision making process when trying to figure out what to do in order to get things back on track.
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Bitwit1234 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 11:03 AM
Response to Original message
12. I think we should have a commentator with guts
who would ask this question..."Mr. Cantor. could you explain to me all the job growth that these tax cuts have provided. Can you explain how more tax cuts that add to the deficit would help clear the deficit. I am totally confused, but Mr. Cantor I am sure you and the republicans can lay this all out in language we the people can understand.". Think it would ever happen.
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HughBeaumont Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 11:22 AM
Response to Original message
13. Tax cuts don't create jobs.
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 11:34 AM
Response to Original message
14. so mr cantor, where are the fucking jobs? we've had bu$h* tax cuts for years
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 11:38 AM
Response to Original message
17. Keeping the status quo won't create jobs. Increasing taxes may lose jobs but who cares. We've
Provided unemployment for those poor souls anyway.
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prolesunited Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 11:40 AM
Response to Original message
18. That makes absolutely no sense
I hope they get hammered on this
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trayfoot Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 11:49 AM
Response to Original message
19. Just sent the following email to Cantor
Sir, I have been reading your comments as pertains to extending the tax cuts for the uber rich in this country:

*******
In recent days, two of the top Republican leaders in the House have made that case that Congress must extend the Bush tax cuts for the wealthy -- not because doing so will trim the deficit (House Minority Whip Eric Cantor acknowledged on Monday that the deficit would grow) -- but because keeping the tax rates low for wealthy Americans making more than $200,000 per year would result in job growth.

Speaking to MSNBC, Cantor implored the viewing public to look at the debate through "the prism of the working families seeking jobs and the small business people who are creating them."

*******
Please, do not continue to insult our collective intelligence! Tax cuts for those making more than $250,000 will NOT create jobs - just more debt! These ridiculous tax cuts did NOT create jobs during the Bush years (when we lost millions of jobs ) and they will NOT create jobs in the future! The Republican Party, once a respected and proud organization, has stooped
to depths I never thought were possible! If the Republicans are going to continue to advocate for the rich and corporate America, at least have the "cajones" (to coin a phrase from Sarah Palin) to own and publish those true positions. For years, the Republican Party has done nothing for the middle class except facilitate the outsourcing of our jobs! I sincerely hope you do not believe that all Virginians have been snowed by Republican rhetoric. We are listening and forming conclusions - ones you may not be happy with.
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stanwyck Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 12:00 PM
Response to Original message
20. Cantor doesn't even believe what he's saying. Watch him.
He tries very hard to get all of the talking points out without stumbling. But his eyes dart all around, he stammers and pauses. He's a mess. He doesn't even believe what he says.
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