Friday, July 08, 2011

Private-sector job creation deteriorating, too

Political Animal - Private-sector job creation deteriorating, too

I would like to see where the "Stimulus" fits on this timeline, as well as the extension of the Bush tax cuts. The GOP mantra seems to be that "tax cuts" spur job growth. Well, I suspect the stimulus will plot about where the red to blue transition occurs (which makes sense) and will be followed by a distinct uptick in jobs. Where as, the bush tax cut extension will plot somewhere near the tallest blue line (about sixth from the left) and will be followed by a moderate decline in jobs. Until the GOP can provide compelling evidence illustrating their position, I'll B.S. on their statements. Increased corporate incomes goes to (primarily) to the top of that food-chain - not to the middle class.

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