Why No Jobs?

Why the Obama Administration has not created jobs. Why the Stimulus was wasted. The problem why jobs have not been created. The solution to creating jobs. The philosophy of Obama.

Category:

News & Politics

Tags:

• Jobs
• creating jobs
• stimulus
• quantitative easing
• QE2
• QEII
• the economy
• cap and trade
• financial regulation
• cash for clunkers
• home purchase tax credit
• new jobs
• idealogue
• Bush tax cuts
• insurance costs
• uncertainty
• tax cuts to the rich
• reality
• rich people
• repeal healthcare
• xtranormal

[Kevin4444D]

Faulty logic not backed up by fact. The Great prosperity from 1950 to 1980 proves this wrong. Taxes on the wealthy were at 70%, Wall street and banking were heavily regulated and there was never a greater period of economic prosperity on earth, ever. Taxes on the wealthy and regulations have been the lowest ever the last 10 years and where did it get us? A massive collapse. Your "job creators" are sitting on a $2 trillion dollar cash hoard so you think more breaks is the answer? Total nonsens

[gachtor]

@Kevin4444D Actually the market was lower in 1982 than in 1965. After Reagan’s tax cut, we had a 17-year secular bull market. 90 percent of the corporate cash hoard is in banks overseas because of the high taxes on bringing those profits back into the US and the administration won’t support reducing the rates to bring the money home to create jobs. One can’t make intelligent decisions unless they understand all sides of an issue. You obviously don’t.

[louisrr01]

@gachtor Reagan raised taxes 11 times you full and the "trickle-down" theory ruined the middle-class. You dummy

[gachtor]

@louisrr01 I wrote this over 1 year ago and it is still as true today as it was a year ago. No one has shown me one poor person who has created jobs. We still have "uncertainty." Almost everything this administration has done to create jobs has been a miserable failure. The unemployment rate has only dropped because people stopped looking for work and were no longer counted in the work force.

[gachtor]

@Kevin4444D By your logic, the massive collapse was caused by low taxes, so raising taxes will give the government money to create jobs. How? Through another "stimulus?" That worked real well, didn't it? Who is speaking nonsense?

[Kevin4444D]

This is BS. "The people who create jobs don;t know what their taxes are going to be". You realize that's a bullshit statement right? Taxes and regulation are not the problem in America, it's lack of consumer demand because middle class wages have stagnated while the cost of necessities have gone up. The world bank in 2011 ranked the US the number 4 friendliest place to do business on earth. Giving tax breaks to rich people only gives them more capital to outsource our jobs. This is BS

[gachtor]

@Kevin4444D BTW, the President of the United States nominates the President of the World Bank. Where do you think they’d rank the US?

[Megaman624705]

@Kevin4444D I agree the amount of items that we import from other countries are one of the main reasons why so many people are jobless and corporations do have money but they aren't willing to spend it because they are scared to lose it all. Basically a stand still.

[usikuwrites]

This contradicts another video by the same producers. The other video states that jobs must be created by the private sector.

[Spjungen]

@Kevin4444D And WHY are they outsourcing? Because industry in this country is DEAD thanks to unions and regulation.

Also tax cuts would be for the middle class as well, which could really use them right about now since they're not getting shit from the government except welfare, social security, medicare and medicaid, all FAILED ponzi scheme policies.

[gachtor]

@Kevin4444D If you don’t think rich people create jobs, who does? The stimulus hasn’t. Quantitative Easing hasn’t. The government surely hasn’t. How about naming a poor person? The point you missed is that the problem is uncertainty, and one year later, I can now add: a favorable business attitude from the administration. Until we substantially reduce uncertainty and get a favorable business climate from this administration, the paltry amount of jobs created will fall far short.

[gachtor]

@Kevin4444D Yours is a typical lemming comment regurgitating what the party wants you to believe without really thinking about what you’re writing. Tell me what the employers share of social taxes are going to be next March. Tell me if the Bush tax cuts will be extended again at the end of 2012. And what about the costs of all the new regulations? According to the Mercatus Center the administration’s regs receive a grade of F on a cost benefit analysis.