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Tell the GOP--Yes, Tax Cuts can reach a point of Diminishing Returns!

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OHdem10 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-28-10 10:05 AM
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Tell the GOP--Yes, Tax Cuts can reach a point of Diminishing Returns!
Taxcuts can reach the point at which they are not effective
in producing the desired results.

Right now the heavy job losses, are not all due to the recession.
We are in an adjustment as a result of Globalization (Trade Policy).

What is not discussed by the "talking heads" Businesses are
adjusting the labor force for the new reality in US Economy.
Many Businesses have cut jobs
based on their future predictsions
of future needs.

Many Business cut jobs, and have
put some workers on part time, with
plan to increase their hours when
the economy picks up.

Business recognize that our economy
is going to be a changed economy.
When the Median Income drops, and
it has been steadily dropping over
the last decade---common sense tells
anyone --this is not a country as rich
as it once was. Therefore, each business
knows it will not produce, sell or
provide as many items, services etc
as in the past. People will not earn
the same higher salaries.

The GOP answer to providing jobs--
CUT TAXES. You can cut taxes but
as J. Immelt GE, explained a while
but there will be no effects--no new
jobs, Even tax cuts can reach a point
of diminishing returns.














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