Quote:
Originally Posted by Robbie
So apparently... all we have to do is raise taxes and jobs will be created?
Not sure how that works. But I'm willing to give it a try. Just so long as we tax EVERYBODY.
It's too easy for people to spend and tax other people's money. I'd be curious to see how many of you will scream for higher taxes when it comes out of your own pocket.  |
Exactly. But it doesn't work that way. And with more and more jobs going overseas and more human jobs being replaced by machines, the actual creation of solid American based jobs at best is going to be temporary. It doesn't matter if taxes are raised or lowered, all of that is cannon fodder and this argument about who can create jobs (government doesn't create jobs) is nothing more than a distraction and false hope, because everyone needs hope.
Maybe the Fed will create another bubble, some experts say they are on the way to create a new housing bubble, and that would create temporary jobs. But like every bubble before it, it too will pop and here we are.
Like the porn industry changed, as did the world, the US job market, and the US government. It is a different game than it was 4, 8, or 10 years ago. What past Presidents did with taxes doesn't necessarily apply anymore. There isn't a "recovery." There is just now and before. One cycle or bubble followed by the next.
But I hope I'm proven wrong and it all magically goes back to glory days like when Clinton was the boss. However, we all know that's not going to happen.