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Live Video: President Obama's Budget Address

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Targetpractice4/13/2011 1:16:43 pm PDT

re: #478 Gus 802

I think the biggest joke about the Bush tax cuts (and I’m limiting my thoughts to the wealthy) is that a) they were meant to expires and b) the bullshit talk about it creating jobs. Right now we’re seeing record profits by the big corporations, record cash at hand, and record wealth generation by the top 2 percent. Is that creating any employment? The answer so far is either a resounding “no” or just barely.

Oh, I heard the mother of all asinine arguments the other day regarding the Bush Tax Cuts and job creation. His assertion? That they actually did work, that there were over 8 million jobs created, but those were all wiped out by the Housing Bust and so we should only grade said cuts by where job growth sat before 2007.