What happened to the Republican's claim that cutting taxes on the rich will decrease unemployment?
They say cutting taxes on the rich will remove "uncertainty" and allow businesses to hire. Businesses are not hiring now. So, does that mean their plan does not work? Does it mean the Republicans were blowing hot air? Or does it mean they don't know what they were talking about?
Asked By: Dr. Killpatient - 6/3/2011
Best Answer - Chosen by Asker
"No evidence was offered for the Republican argument that cutting taxes for the well-to-do and big corporations would reduce unemployment" wrote an economist for Reagan Administration... More
Answered By: Kiran C - 6/3/2011
Additional Answers (4)
Their defense is obvious; the murky and arcane world is what might of been otherwise.
Answered By: Matthew D - 6/3/2011
It is a giant lie. Businesses make as much money as possible. Uncertainty or confidence has nothing to do with it. This isn't golf.
Answered By: Cj Howiker - 6/3/2011
One of the reasons it's so hard to have political discussions about these kinds of issues is that there's little agreement at this point on fundamental economic gestalts. Some people, most of the GOP leadership for example, say they don't think government stimulus works to reduce unemployment, since money the... More
Answered By: rodney h - 6/3/2011
everything takes time
Answered By: The Libertarian Mammoth - 6/3/2011
(84) Local Jobs Paying $14-$83 An Hour- Available Today. Apply Now
(97) Local Jobs Pay $17-$92 Per Hour- Available Today. Apply Now!
Our Local Jobs Paying $16-$97/Hour-Get Hired Now. Apply Here
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Other Career Questions
What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
Hi ok im 19 and about to start college to do an acess course into a university. Ive been browsing through all the courses and im tottaly stuck! I thought politics but im scared ill end up with some r...
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.