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Scooter's Diary
Posted by ih8thegop in General Discussion
Mon Oct 31st 2011, 03:24 PM
Key proposals from the Republican presidential candidates might make for good campaign fodder. But independent analyses raise serious questions about those plans and their ability to cure the nation's ills in two vital areas, the economy and housing.

Consider proposed cuts in taxes and regulation, which nearly every GOP candidate is pushing in the name of creating jobs. The initiatives seem to ignore surveys in which employers cite far bigger impediments to increased hiring, chiefly slack consumer demand.

"Republicans favor tax cuts for the wealthy and corporations, but these had no stimulative effect during the George W. Bush administration, and there is no reason to believe that more of them will have any today," writes Bruce Bartlett. He's an economist who worked for Republican congressmen and in the administrations of Presidents Ronald Reagan and George H.W. Bush.

As for the idea that cutting regulations will lead to significant job growth, Bartlett said in an interview, "It's just nonsense. It's just made up."


http://www.huffingtonpost.com/2011/10/31/g...
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Welcome!
WELCOME to SCOOTER'S DIARY v3.0, my little corner of DU! Be sure to stop by my blog, Great Lakes, Great Times, Great Scott!
About me
I'm Scott (a.k.a. Scooter or ScottyUrb), and, as you can probably tell, I live in Michigan.

As a Catholic, my faith guides my life. I believe that Jesus, who preached compassion and inclusion, loves all of us, including gays and lesbians.
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