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Why did Unemployment DECREASE........AFTER the Bush Tax Cuts?

Badmutha

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Unemployment Rate After the Bush Tax Cuts
LNS14000000_110690_1303572116285.gif


........a question that has been baffling liberal mind numb minds since the Reagan Tax Cuts.

Unemployment Rate After the Reagan Tax Cuts
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......and since the JFK/Johnson Tax Cuts.

Unemployment Rate After the JFK/Johnson Tax Cuts
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.....tax rates were cut....We the People were permitted to keep a little more in our allowance and profits......yielding a booming economy, a MASSIVE INCREASE in Government Revenues, and a MASSIVE DECREASE in Unemployment.....a win win win.
Defying each and every liberal economic theory/lie that suggests Government creates jobs......that tax increases yield economic growth......that stealing from evil rich employers somehow benefits job growth.

Liberalism is a complete fraud and utter lie.........

In Memory Of......​
The Willfully Ignorant Democrat Voter​
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Wiseone

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O God not this again.

And by the way you posted the same graph for both JFK and Reagan, I'd say hurry and fix it before someone likes you're post, but I don't think you have to worry. Unless I like it..
 
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Lord Tammerlain

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Perhaps Badmutha you have heard of the housing bubble?

Perhaps you would or could understand the effects of such a bubble on employment directly in the housing industry, the financial industry and on overall employement?

Perhaps the housing bubble was a far more significant factor in the US economy then the Bush tax cuts, and given the economic events since the bubble burst that generally seems to be the case.

Perhaps you also know the stimulative effects of running budget deficits on the economy, perhaps you know that up untill the last 2 and a bit years the budget deficits of the Bush years were rather large and generally stimulative to the economy

Perhaps with the above information you might be able to process the data and come to the conclusion that a large number of facts saw the unemployement rate drop and most were not related to the tax cuts, nor were/are they sustainable ( large budget deficits and housing bubbles)
 

Badmutha

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The unemployment rate is a function of unemployment benefits received, so those who are ready to enter the work force or those whose benefits have been exausted will never show up in the rate. From the Communist Wall Street Journal:

Bush On Jobs: The Worst Track Record On Record - Real Time Economics - WSJ

Bush had a Recrod 53 months continual job growth...........and then Democrats took over Congress.........

Unemployment Rate Since Democrats Took Over Congress
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Badmutha

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O God not this again.

Yeah its a liberal nightmare.......Truth, Facts, and a side of Reality.

And by the way you posted the same graph for both JFK and Reagan, I'd say hurry and fix it before someone likes you're post, but I don't think you have to worry. Unless I like it..

Indeed......

.....maybe a moderator would be so kind as to place the correct graph.

Unemployment Rate after The JFK/Johnson Tax Cuts
LNS14000000_110669_1303572013169.gif

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Badmutha

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Perhaps Badmutha you have heard of the housing bubble?

Perhaps you would or could understand the effects of such a bubble on employment directly in the housing industry, the financial industry and on overall employement?

Perhaps the housing bubble was a far more significant factor in the US economy then the Bush tax cuts, and given the economic events since the bubble burst that generally seems to be the case.

Perhaps you also know the stimulative effects of running budget deficits on the economy, perhaps you know that up untill the last 2 and a bit years the budget deficits of the Bush years were rather large and generally stimulative to the economy

Perhaps with the above information you might be able to process the data and come to the conclusion that a large number of facts saw the unemployement rate drop and most were not related to the tax cuts, nor were/are they sustainable ( large budget deficits and housing bubbles)

So your justification for the following 3 realities is ............"housing bubbles"?
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]Unemployment Rate After the Bush Tax Cuts
LNS14000000_110690_1303572116285.gif


Unemployment Rate After the Reagan Tax Cuts
LNS14000000_110616_1303571854499.gif



Unemployment Rate After the JFK/Johnson Tax Cuts
LNS14000000_110669_1303572013169.gif


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rocket88

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So your justification for the following 3 realities is ............"housing bubbles"?
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]Unemployment Rate After the Bush Tax Cuts
LNS14000000_110690_1303572116285.gif


Unemployment Rate After the Reagan Tax Cuts
LNS14000000_110616_1303571854499.gif



Unemployment Rate After the JFK/Johnson Tax Cuts
LNS14000000_110669_1303572013169.gif


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So what's your justification for how unemployment went up in January of '07? Taxes go up? Nope.

It's interesting that Bush's graph ends just as unemployment starts going back up. It's almost like they're trying to hide something.... Or how the other two graphs graphed a longer period of time....hmmmm. What happened there?
 

Badmutha

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So what's your justification for how unemployment went up in January of '07? Taxes go up? Nope.

No......07 saw Government Mortgage INC as in F&F come to fruition......

It's interesting that Bush's graph ends just as unemployment starts going back up. It's almost like they're trying to hide something.... Or how the other two graphs graphed a longer period of time....hmmmm. What happened there?

Well I can grow the graph if you like..........

Unemployment Rate Since Democrats Took Over Congress
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rocket88

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No......07 saw Government Mortgage INC as in F&F come to fruition......



Well I can grow the graph if you like..........

Unemployment Rate Since Democrats Took Over Congress
LNS14000000_3545_1287975745344.gif

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OK. When during that time period did taxes go up?

Or is it not taxes? Maybe it's "magic Republican pixie dust!"

Fannie and Freddie both existed long before '07. One of their staunchest defenders was, in fact, George Bush. Remember his "ownership society?"
 
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Simon W. Moon

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I for one am absolutely certain that the only single things that ever affects unemployment rates is the rate of taxation.

Case closed.

You made an iron clad argument, BM.

GJ
 

rocket88

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You made an iron clad argument, BM.

I'd agree that it's an iron clad argument...IF taxes had gone up since 1/07. Since they did not, it is clearly not the only force at play.

Instead, it appears that his argument is some kind of "Republican magic." Which hasn't fixed everything yet.
 

haymarket

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haymarket

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I for one am absolutely certain that the only single things that ever affects unemployment rates is the rate of taxation.



GJ

Actually the only 100% sure thing impacting the unemployment rates is people losing jobs.
 

Badmutha

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OK. When during that time period did taxes go up?

Or is it not taxes? Maybe it's "magic Republican pixie dust!"

So tax cuts are beneficial to job growth........as well as the growth of government revenues.........

Fannie and Freddie both existed long before '07.

.....and a bomb set to go off in 40 seconds doesnt go off on 2......

One of their staunchest defenders was, in fact, George Bush. Remember his "ownership society?"

So you like George Bush now?
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Badmutha

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I for one am absolutely certain that the only single things that ever affects unemployment rates is the rate of taxation.

Case closed.

You made an iron clad argument, BM.

GJ

Its just a coincidence that every major tax cut yields a massive increase in employment and a massive increase in revenue.
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Awesome!

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Its just a coincidence that every major tax cut yields a massive increase in employment and a massive increase in revenue.
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Clearly looks like this works, but this can't be accepted by the leftist whose credo is big government.... Big gubmint solb allda prahbbum
 

Jetboogieman

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Clearly looks like this works, but this can't be accepted by the leftist whose credo is big government.... Big gubmint solb allda prahbbum

So I'm assuming you're also against such big government things... Such as DOMA?
 

Simon W. Moon

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Clearly looks like this works, but this can't be accepted by the leftist whose credo is big government.... Big gubmint solb allda prahbbum
Yeah. Those leftist prob'ly think that there might be other factors in the world that could affect unemployment. How stupid is that? We all know that there's not one single thing that affects unemployment but tax rates.
 

rocket88

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So tax cuts are beneficial to job growth........as well as the growth of government revenues.........



.....and a bomb set to go off in 40 seconds doesnt go off on 2......



So you like George Bush now?
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I don't disagree that tax cuts are a good thing. I don't disagree that raising taxes right now is a bad idea. However, if taxes were the only thing affecting employment numbers, then a raise in unemployment would have followed a major tax hike. There was no corresponding tax hike, so logically, you'd have to think there's something else at play.

I do disagree that the Republican party has all the answers. I do find it interesting that the graph for Bush conveniently ends when the numbers started going south for him, while the graph for Johnson ends with the end of his Presidency. I do find it interesting that apparently the Democrats can screw everything up in 2 weeks (still with a Republican President) while a Republican Congress can't fix everything in 4 months. I know there's a Democrat standing in their way, but there was a Republican in the Democrats way in '07.

As far as Fannie and Freddie go, you can't lay that all on the lap of the Democrats. Plenty of Republicans supported them over the years, including high profile ones like both Bushes and Jack Kemp.
 

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So I'm assuming you're also against such big government things... Such as DOMA?

Yes, the government shouldn't get involved defining what is proper marriage nor should they infringe on traditions like the military that don't want to accept alternative lifestyles. If your gay and a church wants to marry you, then fine, but if the church or community doesn't accept you, go to one that does or become active and try to change peoples minds, but don't use my bank account...That lady that stood refused to give up her seat on the bus didn't need a damn dime to change people's minds???

So, back to the OP's points. It looks good. Seems to work in everyday life when you cut back and budget, so why not??? Too many parasites using the Fed for whatever BS they need it for, I would suggest are the problem. Reduce the Fed. So simple...
 

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Yeah. Those leftist prob'ly think that there might be other factors in the world that could affect unemployment. How stupid is that? We all know that there's not one single thing that affects unemployment but tax rates.

I know, those leftists always ignore the obvious and think they can spend their way to social utopia with their causes... New deal, great society, medicare, civil rights, sexual liberation/asshole stretching/planned parenthood/abortion, DOE... How the hell can you focus on tax cuts when you aren't doing enough for cryin' out loud. They probably think that pre-Reagan marginal tax rates and more social programs will cure our ills. More money, in other words, without limits due to justice needing to be served as this country is so unfair, so evil. You just can't focus on tax cuts being anchored in: What this world should be...

How can we even talk about tax cuts without offending them???
 

winston53660

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I know, those leftists always ignore the obvious and think they can spend their way to social utopia with their causes... <snip>


So how is that nation building going in Iraq oh and Afghanistan too?
 

rocket88

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I know, those leftists always ignore the obvious and think they can spend their way to social utopia with their causes... New deal, great society, medicare, civil rights, sexual liberation/asshole stretching/planned parenthood/abortion, DOE... How the hell can you focus on tax cuts when you aren't doing enough for cryin' out loud. They probably think that pre-Reagan marginal tax rates and more social programs will cure our ills. More money, in other words, without limits due to justice needing to be served as this country is so unfair, so evil. You just can't focus on tax cuts being anchored in: What this world should be...

How can we even talk about tax cuts without offending them???

Your sarcasm detector is broken. You should get that looked at.
 

Simon W. Moon

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So how is that nation building going in Iraq oh and Afghanistan too?
Well, a social engineering project in a foreign culture on the other side of the globe is much, much, much more likely to succeed than one that occur here in our country. The reason for this is that the metrics used to assess success in out country are too transparent and the data about situations in our country are way too accessible.
 
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