Tax Cuts Create Jobs
The Way Wishes Create Ponies

POLITICIANS ARE LYING TO US
when they say the rich are America's job creators.
This is a myth from the discredited "trickle-down" economic theory created during the Reagan Administration. Here's the truth –

AMERICA'S MIDDLE CLASS ARE THE REAL JOB CREATORS IN AMERICA BECAUSE THEIR PURCHASING POWER IS WHAT MAKES OUR ECONOMY ACTUALLY WORK.

Any economics 101 class will tell you that the entire economic world is based on SUPPLY and DEMAND

 

DEMAND creates the need for SUPPLY
and SUPPLYING products to satisfy DEMAND creates JOBS
DEMAND CREATES JOBS


Who are the Job Creators?

And it is the Middle Class in America that has the largest demand for goods, by far. We're 60% of the population in the middle of America's economy. We buy more durable goods and big-ticket items like automobiles, eat more food, travel more air miles, buy more stuff than the 6% above us and the 34% below us. (in terms of household income; see Who is the Middle Class?)

If the rich created jobs, then when they're given tax breaks (as they certainly received with the Bush Tax Cuts) America should have increased jobs. But just the opposite actually happened – according to a Wall Street Journal article from January 9, 2009 (see table below from that Wall Street Journal article), over 23 million jobs were created during the Clinton Administration. During the Bush Administration, only 3 million jobs were created despite one of the deepest tax cuts for the top 5% of wage earners in the history of the US (and it was this tax cut that contributed to our national debt in a significant way).

The truth is - Middle Class working people, like you and me, are the real job creators in America because we buy most everything in America; it's as simple as that.
Don't believe politicians that tell you the rich are the "job creators" or that tax cuts create jobs.
You can be sure that is a "Corporate Conservative" politician
in the pocket of America';s Corporate Elite.

Now that you know the Middle Class creates jobs in America and not the rich, why in the world are many politicians hurting the Middle Class by wanting to reduce our wages and retirement benefits, eliminate collective bargaining and wanting to reduce social security, Medicare and other healthcare benefits.
Politicians should be helping the Middle Class thrive since we are the engine that creates jobs in America. It's nothing personal, of course; it's just that many of our politicians are paid to hurt us by the Corporate Elite that have to pay us in one form or another. And sadly, most of us are too misinformed to see what they're really doing.

The Middle Class Political Accountability Research Center will change that.


>Reference: Wall Street Journal; January 9, 2009, Bush On Jobs: The Worst Track Record On Record

President

Jobs Created

Jobs at end of term

Jobs at start of term

Payroll Expansion

Jobs Created per year in office

Population Growth

Percent Change in Population

George W. Bush

3.0 million

135.5 million

132.5 million

2.3%

375,000

22.0 million

7.7%

Bill Clinton

23.1 million

132.5 million

109.4 million

21.1%

2,900,000

25.2 million

8.9%

George H.W. Bush

2.5 million

109.4 million

106.9 million

2.3%

625,000

12.5 million

4.8%

Ronald Reagan

16.0 million

106.9 million

90.9 million

17.6%

2,000,000

17.3 million

7%

Jimmy Carter

10.5 million

90.9 million

80.4 million

13.1%

2,600,000

9.8 million

4.3%

Gerald Ford

1.8 million

80.4 million

78.6 million

2.3%

745,000

5.1 million

2.3%

Richard Nixon

9.4 million

78.6 million

69.2 million

13.6%

1,700,000

12.3 million

5.7%

Lyndon Johnson

11.9 million

69.2 million

57.3 million

20.8%

2,300,000

11.3 million

5.6%

John F. Kennedy

3.6 million

57.3 million

53.7 million

6.7%

1,200,000

8.2 million

4.3%

Dwight Eisenhower

3.5 million

53.7 million

50.2 million

7%

438,000

23.3 million

12.8%

Harry Truman

8.4 million

50.2 million

41.8 million

20.1%

1,100,000

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