Quote:
Originally Posted by PR_Tom
Also, if the Bush tax cuts for the rich created jobs, we'd all have jobs out the wazoo right now.
Maybe the first 10 years was just a slump.
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That's not how it works. Theoretically, tax cuts for the rich are supposed to increase capital investments, which could increase jobs. However, those capital investments went into an increase in outsourcing overseas, so it's not that the tax cuts weren't effective, it's that companies are looking more and more overseas.