Wednesday, October 31, 2012 8:31 AM
NO EVIDENCE TAX CUTS FOR RICH STIMULATES JOBS GROWTH
TAX CUTS MUST HIT TARGETED (per clinton) AREAS TO CREATE JOBS
Reagan $750B Tax cut with 60% for top(70-28) got $140B increase in Income Tax Revenues
His job growth of 175,00 per month was 24% below Carters 218,000
Bush Tax Cuts and 31,00 per month to Clinton 237,000
Bush Worst 8 in history outside Great Depression
It was Robber Baron Era all over----
Since 1945 Democratic presidents created twice as many jobs as R Presidents
Since 1980 three R presidents for 20 years---R Senate 18 and House 12 plus Total Control for 6
Took 600B budget to 2500B
Surplus to 1400B Deficit
Added 9000B to 1000B Debt
Created 99,00 jobs per month to Carter + Clinton 22,000
Initiated our involvemet in 10 foreign conflicts
Carter + Clinton=0
Great Recession
Smashed Housing Industry
Turned Wall Street into Gambling Casino instead of Investment in businesses and jobs
Flushed money to top10%
Outsourced our industries
closed 58,000 plants in ten years
Hurt Middle Class by not increasing Minumum wage and destruction of unions plus killing jobs
all for Wall Street $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ GOD