Wednesday, August 25, 2004
A little less conversation....
...a little more action, please.
There's several worthwhile reads on the Republicans for Kerry site. But I felt this one stood out a bit.
I realize that there are those out there who will claim this group isn't legit. There will rolling of eyes and gnashing of teeth about how this is just a Democrat front group. Maybe. What they're saying either way is relevant and right on the money.
And excerpt from the cited piece:
Job Creation Planned Results: Bush set a goal of 5.5 million new jobs. 4.1 million created through the economies normal job growth projections, and 1.4 million due to tax cuts.
Job Creation Actual Results: Labor Department's numbers released August 6; show this administration has lost nearly 1.6 million jobs since taking office. 2.7 million family wage earner manufacturing jobs have been lost. The new jobs Bush claims to be adding pay 36% LESS per year than the ones we are losing.
Unemployment Planned Results: The month Bush took office; our unemployment rate was 3.9%. The goal was to better what the Clinton administration had attained.
Unemployment Actual Results: Current unemployment rate is 5.6%. Even before 9/11 payroll numbers showed a drop of nearly 40,000 jobs per month. 8.2 million Americans are unemployed, 38% more than when Bush took office. And that number only includes the recently unemployed. Those that have run out of unemployment benefits are not shown in these numbers. Nearly two million people have dropped out of the labor force and are not even counted anymore as unemployed.
Tax Cuts Planned Results: Tax cuts will increase consumer spending, encourage business owners to invest, thereby creating new jobs and a steep economic upturn.
Tax Cuts Actual Results: The tax cuts did nothing to create jobs. Nearly all economists agree that reducing taxes on dividends and capital gains has very little effect on job growth. Tax breaks for business expenses made no sense at all. Businesses had the funds to invest in new equipment. Credit is readily available at very low interest rates. These business owners didn't need a tax cut they needed people from the lower and middle income brackets to have more spending money so their businesses could SELL more products.
Head over there and check it out.
|
There's several worthwhile reads on the Republicans for Kerry site. But I felt this one stood out a bit.
I realize that there are those out there who will claim this group isn't legit. There will rolling of eyes and gnashing of teeth about how this is just a Democrat front group. Maybe. What they're saying either way is relevant and right on the money.
And excerpt from the cited piece:
Job Creation Planned Results: Bush set a goal of 5.5 million new jobs. 4.1 million created through the economies normal job growth projections, and 1.4 million due to tax cuts.
Job Creation Actual Results: Labor Department's numbers released August 6; show this administration has lost nearly 1.6 million jobs since taking office. 2.7 million family wage earner manufacturing jobs have been lost. The new jobs Bush claims to be adding pay 36% LESS per year than the ones we are losing.
Unemployment Planned Results: The month Bush took office; our unemployment rate was 3.9%. The goal was to better what the Clinton administration had attained.
Unemployment Actual Results: Current unemployment rate is 5.6%. Even before 9/11 payroll numbers showed a drop of nearly 40,000 jobs per month. 8.2 million Americans are unemployed, 38% more than when Bush took office. And that number only includes the recently unemployed. Those that have run out of unemployment benefits are not shown in these numbers. Nearly two million people have dropped out of the labor force and are not even counted anymore as unemployed.
Tax Cuts Planned Results: Tax cuts will increase consumer spending, encourage business owners to invest, thereby creating new jobs and a steep economic upturn.
Tax Cuts Actual Results: The tax cuts did nothing to create jobs. Nearly all economists agree that reducing taxes on dividends and capital gains has very little effect on job growth. Tax breaks for business expenses made no sense at all. Businesses had the funds to invest in new equipment. Credit is readily available at very low interest rates. These business owners didn't need a tax cut they needed people from the lower and middle income brackets to have more spending money so their businesses could SELL more products.
Head over there and check it out.
Return to Main
