Off-Topic :
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1) Were these jobs Government jobs that were generated by the administration?
2) Were these jobs created mainly in the private sector?
3) Were these jobs higher-paying jobs that would benefit career people - or, were the jobs just low-paying fast-food jobs.
I think you get the picture of where this is going. The data needs to be broken down better for better analyzing - otherwise, it means very little to state that Democrats have created more jobs than Republicans.
If you get a Republican majority and they're able to cut the capital gains tax on businesses, you'll probably see a shit-load of great jobs created.
Public v. private is an overrated criteria. It makes no difference to the economy whether the government hires 50 people to go out and pick up trash on the side of the road or it pays some outside contractor who turns around and hires those same 50 people to do the same job. It is still make work. More meaningful jobs can also be handled by government as well as by private companies.
> If you get a Republican majority and they're able
> to cut the capital gains tax on businesses, you'll
> probably see a shit-load of great jobs created.
Opus Wrote:
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> T2T Wrote:
> --------------------------------------------------
> -----
>
> > If you get a Republican majority and they're
> able
> > to cut the capital gains tax on businesses,
> you'll
> > probably see a shit-load of great jobs created.
>
> FALSE
Christ Republicans are fucking stupid. Read any study on Voodoo Economics.
T2T Wrote:
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> And, your proof of this comes from where?
>
>
> Opus Wrote:
> --------------------------------------------------
> -----
> > T2T Wrote:
> >
> --------------------------------------------------
>
> > -----
> >
> > > If you get a Republican majority and they're
> > able
> > > to cut the capital gains tax on businesses,
> > you'll
> > > probably see a shit-load of great jobs
> created.
> >
> > FALSE
How can you realistically cut capital gains rates much lower than their current levels. Under the current rules those rates are currently at 0 to 15%, depending on income levels. Even if the Bush tax cuts are allowed to expire they will only rise to 20%, hardly confiscatory.
If memory serves the maximum effective capital gains rates when Reagan was elected was about 28% (actually it was 70% of 40% which comes out to 28%). Reagan's early tax cuts reduced it to 20%. Capital gains rates went up to 28% in the 1986 tax act, then dropped to 20% during the Clinton administration.