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
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..
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
Unemployment Rate After the Reagan Tax Cuts
Unemployment Rate After the JFK/Johnson Tax Cuts
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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?
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
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You made an iron clad argument, BM.
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
I for one am absolutely certain that the only single things that ever affects unemployment rates is the rate of taxation.
GJ
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?"
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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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.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 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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So I'm assuming you're also against such big government things... Such as DOMA?
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... <snip>
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???
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.So how is that nation building going in Iraq oh and Afghanistan too?
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