Tuesday, January 31, 2006

Tax Cuts Spur...Not Much?

The Economic Policy Institute has an interesting snapshot on job growth under Bush. What they find is that because of Bush's insane policy of coupling tax cuts with increased government spending, the observed job growth over the past five years is due to more government jobs, rather than the stimulation of private investment, as economic theory predicts. I'm generally in favor of tax cuts (although I'm more in favor of reducing spending), but this is an interesting piece of information. In order to get a better idea of what's really happening, a more in-depth analysis would be required, such as correcting for the economic depression that accompanied the start of the Bush administration.


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