Tom Coburn Government Jobs Don't Create Wealth

Tom Coburn with the latest Republican talking point du jour.

Category:

News & Politics

Tags:

• Tom
• Coburn
• MSNBC
• Government
• Jobs
• Wealth
• Stimulus
• Bill

[TWSceptic]

@moestietabarnak You don't know that. We don't need government for scientific progress.

[moestietabarnak]

Yet, Without government (ARPA and census) we wouldn't have computer and internet today. Sorry for the waste!

[goodnoss]

Gov. should provide public service only. If Gov. creates Jobs that also created an unbalance in economy and society. There will be a BIG damaged for our economy. That why our generations and our nation are suffering so much. That is bad principle, and really bad. We need a CHANGE.

[pspguy28]

Taxing ANYONE at over 90%, regardless of income level, is just plain unamerican. It will erode people's motivation to work hard if they know that Uncle Sam will be taking away that much of their hard earned dollars. The government just needs to cut all of its wasteful and useless spending and then we can have a FLAT tax all the way across the income scale, which will make everything much less complicated

[lisabob22]

Another myth is that Reagan was one of the best Presidents for job creation. In reality, he's among the worst:

Job Growth Per Year Under Most Recent Presidents8

Johnson 3.8%

Carter 3.1

Clinton 2.4

Kennedy  2.3

Nixon 2.3

Reagan 2.1

Bush 0.6

*Bureau of Labor Statistics.*

[lisabob22]

Republican, Bush, Paulson told us that without the bailout there was going to be a meltdown of the worlds financial system. Now Democrats are doing something about it, following Bush's first steps. Whether or not they are good steps is hard to tell, but it started as a Republican plan.

[lisabob22]

Small business creates more jobs than large corporations. History and facts show us that tax cuts do not create jobs in the real world, only in supply siders fantasy world. Eisenhower had a 91% tax rate on the highest incomes when he was President and corporate tax rates were twice what they are now and our economy grew and was stable, 3 to 4% growth under Eisenhower, unemployent low middle class thriving.

[lisabob22]

the last 8 years proves you wrong.

Actually a higher tax on top incomes or corporate profits has lead to more job creation in the past 80 years, tax cuts on the top earners and corporate profits have only tranfered wealth from the middle class to the wealthy in a unhealthy balance

[jbach002]

Fixing bridges would be good. Maybe even starting construction on a national maglev line. Replace Amtrak with those awesome new fast magnet trains Japan, Germany, & China have. It could revolutionize business travel and such.

[jbach002]

Coburn is right though in that we have to be mindful of the debt we ring up. Some of the things in the stimulus are stupid, like an endowment to the arts and such. It should really only be spent on infrastructure & other construction jobs. Something that is reasonable, will have an economic impact and will be used. Not just shoveling dirt pile A to dirt pile B and getting paid for it.