Quote:
Originally Posted by 427 S/O
You beat me to it CDC, vrm goes in every conceivable direction when he post!!, what the he## does 'You don't hire 20 people if you only have work for 10', have to do with
the subject????. And contrary to vrm's statement, 'Giving tax cuts only to the top end will not generate jobs', it most certainly will, that's how our economy works!. Where did he go to school????.
He's nothing more than a far left liberal democrat, masquerading as an independent.
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Perry,
Jobs are only created when there is a market for the goods/services that the worker will be providing.
Right now the economy is sinking partly because joe six pack cannot afford to go buy beers and cars. This, in turn, causes loss of jobs when Joe does not go to his favourite bar or Ford dealer.
American capitalism hinges entirely on the middle class. If the middle class does well, then the rich and the poor do well because the middle class will spend money on the goods/services offered by businesses owned by the rich (who will also give jobs to the poor and middle class).
If the middle class are not spending money than the business owners reduce their payroll. If they get a tax cut they do not go and higher more people - what makes you think that they do?
The whole thing is a balancing act, however the GOP leans too much towards the rich, and the DNC leans too much towards the poor. Right now, the middle class needs a tax break, and they also need our idiots-in-charge to stop doubling the debt every 8 years. Both Obamas and McCains tax plan will raise the national debt.