Friday, September 16, 2011

Ooh the Republicans!

Our Republicans to the south are at it again.

It's a very simple equation. Tax increases destroy jobs. And the Joint Committee is a jobs committee. Its mission is to reduce the deficit that is threatening job creation in our country."
This old rant "TAXES KILL JOBS", and while I don't disagree that taxes do kill jobs the Republicans are using this and saying therefore we should cut spending and only cut. This whole Republican idea that taxes hurts the economy and spending also hurts is very absurd. Guess what when you give pink slips to government employee's these are jobs that are being destroyed. The Republicans can't put this simple math equation in there heads. telling a government worker he doesn't have a job anymore is the same as telling a private worker that he doesn't have a job. So when the Republicans are saying that we should balance the budget just by cutting spending. That means cut spending by 1 trillion a year (10 trillion over ten years). This would mean practically killing medicare which if the Republicans didn't know employs many people. Those are jobs right, but they don't count because it cuts spending right boehner. The Republicans don't see that taxes are better than the spending cuts there proposing. Taxes on corporations would reduce revenue for companies making millions if not billion for some in profits. Meaning they would have to kill some jobs. While cutting spending on programs directly kill jobs. What the super committee should start with as a basis is work on the taxes or spending cuts that eliminate the least amount of jobs. Starting first with increasing the tax on the rich to 50% where it was for 6 years of the 8 years Reagan was in office. Then eliminate loopholes for major corporations who are by the way in many cases paying negative cooperate tax rates. Look at cutting defense spending to pre-Bush levels and even more. If they start with things like this the deficit would be much better and not many jobs will be destroyed. So speaker stop with this attitude that taxes kill jobs therefore we must cut and only cut spending, because sacking government employee's is guess what KILLING JOBS!

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