Board index › Topical Discussion › Politics, Philosophy, and Religion

$2.3b in wealthy and corporate tax cuts, 2300 jobs lost

Page 1 of 1 [ 8 posts ] 

Previous topic | Next topic

blauSamstag
Veteran
Veteran

User avatar

Joined: 5 Apr 2011
Age: 50
Gender: Male
Posts: 3,026

16 Sep 2011, 2:40 pm

Govenor Scott Walker's gift of $2.3 billion in tax cuts for their "job creators" has had a net result of 2,300 fewer jobs in Wisconsin. In one month.

Quote:
MADISON, WI—(ENEWSPF)--September 16 - One Wisconsin Now Executive Director Scot Ross released the following statements regarding the latest failure from Gov. Scott Walker and the Republican-controlled legislature: a total job loss of 2,300 from July to August and the unemployment rate rising to 7.9 percent. The news comes after Walker signed into law $2.3 billion in new tax breaks for corporations and the wealthy, while gutting public and higher education and health care, as well as stripping 175,000 workers of their rights.


This is the way trickle-down economics work, folks.

Have you been trickled on lately?



Jacoby
Veteran
Veteran

Joined: 10 Dec 2007
Gender: Male
Posts: 14,284
Location: Arizona

16 Sep 2011, 3:59 pm

Consider your source there first of all

also If you were living under a rock, August was one of worst months economically nationally since the 2008. I'm sure if you compare Wisconsin's numbers with other states they wouldn't look so bad. Our neighbors to the south's unemployment numbers last month rose to 9.9% and they certainly don't have a conservative state government. I guess the poor souls of Illinois aren't taxed enough.



blauSamstag
Veteran
Veteran

User avatar

Joined: 5 Apr 2011
Age: 50
Gender: Male
Posts: 3,026

16 Sep 2011, 4:45 pm

Jacoby wrote:
Consider your source there first of all

also If you were living under a rock, August was one of worst months economically nationally since the 2008. I'm sure if you compare Wisconsin's numbers with other states they wouldn't look so bad. Our neighbors to the south's unemployment numbers last month rose to 9.9% and they certainly don't have a conservative state government. I guess the poor souls of Illinois aren't taxed enough.


OK, how about the Wisconsin Department of Workforce Development.

http://www.dwd.wisconsin.gov/dwd/newsreleases/2011/unemployment/110915_august_state.pdf

Unemployment rates are trending up in most states (it would appear that Nebraska is where to be if you want a job -- either that or you should master a valuable skillset like i did) - but Wisconsin's upward trend since April would seem to indicate that upper class tax cuts + magic do not = stimulus.



Obres
Veteran
Veteran

User avatar

Joined: 13 Jul 2007
Age: 45
Gender: Male
Posts: 1,423
Location: NYC

16 Sep 2011, 4:55 pm

blauSamstag wrote:
Jacoby wrote:
Consider your source there first of all

also If you were living under a rock, August was one of worst months economically nationally since the 2008. I'm sure if you compare Wisconsin's numbers with other states they wouldn't look so bad. Our neighbors to the south's unemployment numbers last month rose to 9.9% and they certainly don't have a conservative state government. I guess the poor souls of Illinois aren't taxed enough.


OK, how about the Wisconsin Department of Workforce Development.

http://www.dwd.wisconsin.gov/dwd/newsreleases/2011/unemployment/110915_august_state.pdf

Unemployment rates are trending up in most states (it would appear that Nebraska is where to be if you want a job -- either that or you should master a valuable skillset like i did) - but Wisconsin's upward trend since April would seem to indicate that upper class tax cuts + magic do not = stimulus.


Of course tax cuts for the rich + magic = booming economy. Isn't it obvious? The Republican leadership is banking on their crack team of alchemists. Why do you think they're trying to stir up demand for gold?



blauSamstag
Veteran
Veteran

User avatar

Joined: 5 Apr 2011
Age: 50
Gender: Male
Posts: 3,026

16 Sep 2011, 4:56 pm

Obres wrote:
Of course tax cuts for the rich + magic = booming economy. Isn't it obvious? The Republican leadership is banking on their crack team of alchemists. Why do you think they're trying to stir up demand for gold?


Yes, that's why the lowest upper class tax rates in 30 years have coincided with the highest poverty rate in at least 30 years.



xenon13
Veteran
Veteran

User avatar

Joined: 13 Dec 2008
Age: 50
Gender: Male
Posts: 3,638

16 Sep 2011, 8:38 pm

A recent Krugman column shows graphs with a curious fact - immediately before all recessions, the deep poverty rate begins to increase and median income begins to decrease. It seems that the very poor are the canaries in the coal mine. So they go, so goes the economy.

Smokestack chasing is the lowest form of development strategy. It is poverty pimping - selling oneself by boasting of the poverty. That's the Republican strategy.



ruveyn
Veteran
Veteran

User avatar

Joined: 21 Sep 2008
Age: 89
Gender: Male
Posts: 31,502
Location: New Jersey

17 Sep 2011, 7:45 am

blauSamstag wrote:

This is the way trickle-down economics work, folks.

Have you been trickled on lately?


That reminds me of what Judge Judy says frequently.

ruveyn



Inuyasha
Veteran
Veteran

User avatar

Joined: 12 Jan 2009
Age: 43
Gender: Male
Posts: 9,745

17 Sep 2011, 3:01 pm

blauSamstag wrote:
Govenor Scott Walker's gift of $2.3 billion in tax cuts for their "job creators" has had a net result of 2,300 fewer jobs in Wisconsin. In one month.

Quote:
MADISON, WI—(ENEWSPF)--September 16 - One Wisconsin Now Executive Director Scot Ross released the following statements regarding the latest failure from Gov. Scott Walker and the Republican-controlled legislature: a total job loss of 2,300 from July to August and the unemployment rate rising to 7.9 percent. The news comes after Walker signed into law $2.3 billion in new tax breaks for corporations and the wealthy, while gutting public and higher education and health care, as well as stripping 175,000 workers of their rights.


This is the way trickle-down economics work, folks.

Have you been trickled on lately?


You left out the 25,000 pages of regulations and more are on the way.