Thursday, November 11, 2004

Are the 2003 Bush tax cuts creating jobs?

This article demonstrates that job growth was very poor for the month of September. It was not low enough to increase the unemployment rate, but it did not meet the projections that the Bush administration claimed would happen after the tax cuts. Infact, excluding March and April, we have yet to see employment meet the predictions that were supposed to come from the cuts. My question is is whether or not tax cuts influence employment. If a person gets a break in paying their taxes and has more money to spend elsewhere, does that really determine whether or not they can get hired? Based on that question, if tax cuts do not help unemployment...what is the Bush administration going to do in the next four years to lower unemployment?

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