if tax breaks for the rich create jobs, where are the jobs....?

[spanone]

:shrug:

[Sebastian Doyle]

1. Well, I guess they might have created some jobs for lawyers and accountants

to help them with their tax dodging.

[JVS]

2. Asia.

The tax breaks make it easier for them to cover the initially steep price of building a whole new factory over there.

[shraby]

3. One of the real reasons they want the tax breaks for the rich

extended is that most of the senators are filthy rich, and a lot of the representatives.

[patrice]

4. The job boards are full of "financial adviser" jobs & canned content for the internet jobs. nt

[maryf]

5. Your question is worth a K&R

where indeed...

[blogslut]

6. This is the question I want more people to pose.

Yours is a most excellent question.

[TheKentuckian]

7. Because it is disproven nonsense that should bring ridicule and scorn

or at best the patient and kindly smile usually reserved for those with Alzheimer's and other forms of dementia there are no jobs or increased revenue into the treasury or anything else they promise from the depths of their lying asses.

[Enrique]

8. it's the "uncertainty"

no once can hire anyone until the rich folks and corporations know with certainty that they will get their way on every single issue.

[CTyankee]

19. "uncertainty" -- now, that's specific!

Can't have uncertainty. It's bad for business.

Of course, the rest of us have plenty of uncertainty...like our futures without jobs...

[Tippy]

9. K&R

[arbusto_baboso]

10. China and India.

Next question, please.

[NNN0LHI]

11. Overseas

http://www.washingtonpost.com/wp-dyn/content/article/2010/07/13/AR2010071306114.html?hpid=sec-business

Rising imports offset U.S. sales abroad

By Howard Schneider
Washington Post Staff Writer
Wednesday, July 14, 2010

Americans' resurgent appetite for imports may undermine the Obama administration's effort to rekindle job growth, with a rise in overseas purchases by American businesses and households undercutting the benefits of increased U.S. sales abroad.

A sharp jump in the monthly trade deficit in May -- driven by a spike in imports from China -- also added to concern about a resurgence of patterns linked to the recent economic crisis.

Judged in isolation, American exports have rebounded smartly since the depths of the recession, up roughly $63 billion through May compared with the corresponding period a year ago -- and in theory generating perhaps 350,000 or more new jobs, according to the economic assumptions used by the Obama administration.

But employment growth over the past year has remained relatively flat, and experts point to the widening trade deficit during the same period as possibly offsetting whatever boost in jobs has occurred. snip

"The widening trade deficit is not only an alarming trend, but also represents wealth and jobs heading overseas," said Scott Paul, executive director of the American Alliance for Manufacturing, a trade and labor group that has advocated both a tougher line on China's currency, and the use of tax breaks and other policies to encourage the substitution of U.S.-made products for imports.

[ljm2002]

12. That's what I've been asking!!!

They've had the tax breaks now for what, 9 years or so? And we're in the worst job drought since the Great Depression. If the damned tax breaks were going to help, they would have done so by now.

Empirical evidence, tax breaks for the rich DO NOT create jobs.

Let the damned things expire, as they were originally designed to do by the Republicans.

[KansDem]

13. That's the BIG LIE of Reaganomics...

We were told three decades ago that tax breaks for the wealthy would result in the wealthy re-investing in America. This would create jobs for American workers.

It didn't work. We were LIED to. The wealthy took their newfound swag and squirreled it away in secret offshore tax havens and invested in foreign companies and countries.

Former Colorado Rep. Pat Schroeder used to referred to "trickle down" as "trickle on." After watching Michael Moore's "Capitalism: A Love Story" last night, now I know why...

[OHdem10]

14. Jobs created by those top2%ers are in Asia China, India, South

America. Yes they created jobs but not in the USA.
(The Tran-nationationals are the 2%ers.)
If small businesses are in the 2% group, you better
believe Walmart has put the squeeze on them to move
their production to cheaper labor markets. Walmart
wants the cheapest prices.

The jobs produced by these groups are not in the USA.

[old mark]

15. No one on the right has answered that question - nor even asked it...

The Bush tax cuts for the rich have been in force for some years now...how long does it take to trickle down?


Obviously, the GOPers don't like it when people go around thinkin' on their own...never can tell where that might lead...

Rec.

mark

[opihimoimoi]

16. Instead of gaining jobs.....we lost them under them GOPers

They are selfish greedy assholes intent on domination/control

BULLIES

[OhioChick]

17. Good Question n/t

[LatteLibertine]

18. Yep

they worked so well during the Bush's eight years didn't they?

The corporations say they want access to "emerging" markets to sell and all along it's been about cheap labor there and busting down unions here.

[scheming daemons]

20. Savannah Guthrie asked this very question to Eric Cantor on Monday...

...and he just hemmed and hawwed his way through a non answer.


She should have pressed him further, but she's really still a lightweight as far as interviewing.



But at least she asked the question.