Tuesday, November 30, 2010

Democrat Sen. Sherrod Brown says Tax Cuts Don’t Create Jobs, Unemployment Benefits Do

Democrat Senator Sherrod Brown (D-Ohio) is an idiot. He uses the Liberal ideology that unemployment benefits create jobs. There is an analogy Liberals believe that every $1.00 spent on unemployment benefit would produce $1.75 in economy activity. Unless Senator Brown can conjure a rabbit from out of a hat, the analogy is wrong, deceitful, and idiotic.

To clarify, if Bush created 1 million job, as the Senator states, people tend to forget that the average unemployment rate under Bush was 5.2%. America was fully employed. With a Republican control Majority under Clinton, the average unemployment was 5.6%. It was Republicans cutting taxes and keeping Clinton's spending down that helped the economy. Also to note, the Internet boom produce an increase tax revenue and job employment. Since Democrat enjoy using the narrative that the rich are individuals, it must be clarified that the rich are associated with small and big businesses that create jobs in this country. Over taxing the small and big businesses will kill jobs.

(RCP)"Congressman Cantor (R-VA) either failed English class or failed logic class or failed history class because these tax cuts for the rich that Bush did twice, in '01 and '03, resulted in very little economic growth. We saw only one million jobs created in the Bush years, 22 million created in the Clinton years when we reached a balanced budget with a fairer tax system," Sen. Sherrod Brown (D-Ohio) said on MSNBC.

"There is no real history illustrating that these tax cuts for the rich result in jobs. It's extending unemployment benefits that creates economic activity that creates jobs, not giving a millionaire an extra ten or twenty or $30,000 in tax cuts that they likely won't spend," Brown said.