Poll Shows Voter Discontent Deepens Ahead of Obama Jobs Plan - WSJ.com
Question:
The problem is that, given the situation, there is really nothing that anyone can do - even the President - no matter who he is and what position he holds. The economy was gutted by W who pushed through massive tax cuts ... Tax cuts DO NOT create jobs.
Answer:
As long as you believe Bush's tax cuts cost the economy, you haven't really read the data and are believing the cant from the Democrats.
Check the percentage of all income taxes paid by the top 1 and 2% of taxpayers before and after the tax cuts.
You will obviously be surprised.
You also have no idea of how small business people accumulate equity to start and sustain and grow a business; nor, apparently, do you have a clue how loans are paid off with after-tax income.
Your feelings are the best example of why the current recession will deepen. Take a look at Arthur Laffer's description of why the Great Depression saw another dip in 1937.
But feel free to be angry at the wrong people and policies and feel free to look for the wrong solutions. Obviously, we've had three years of progressive failure under Obama and, like a gambler, he now wants to double down on what didn't work to begin with.
His (and obviously your) anti-business policies are too big a mountain for any stimulus plan to overcome.
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