What Has Trickle Down Economics?..The Bush Tax Cut Plan! Four-hundred and fifty prominent economists say that the Bush tax cut for the wealthy cannot create the needed jobs. Eighty-seven percent of the two million U.S. jobs lost between 2001 and 2003 are permanent because they were replaced by automation and low wage offshore jobs. Included in this loss are four-hundred thousand white-collar and tech jobs, which are estimated by the CWA to increase by three million by 2012. Furthermore, increased job creation is unlikely because the world market stores are already flooded with more goods than can be consumed. Instead of his give-away to millionaires with vain hopes of corporate investments, Bush could have used the same funds to create jobs rebuilding our wanting infrastructure, roads, schools and health care. Our economy is driven by consumer spending, trickle up and not trickle down.Click Here to Enlarge Cartoon and Download
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