OBAMA’S UNEMPLOYMENT CRISIS CATCH 22
By J.B. Williams
December 4, 2010
The battle continues over private sector job creation and government expansion. Taxation and unemployment are directly related and if every American doesn’t understand this, they will continue to lose jobs.
The Democratic Left has placed a gun to the head of congressional Republicans by threatening to allow taxes to increase on all Americans on January 1st, intent upon continuing government expansion by again extending the policy of paying people not to work, while Republicans are threatening to block all Leftist lame duck initiatives if they cannot extend tax breaks for every American, including Americans who invest and employ Americans, “the rich.”
The historical facts are quite clear on the subject, lowering tax rates always results in economic growth by leaving more investment resources in the private sector, where real jobs must be created. Lower tax rates have always resulted in increased tax revenue streams by way of economic expansion. So, why are Democrats so committed to raising taxes?