Job Killing - Tax Cuts?

Republican candidates continue to run ads accusing their Democratic opponents of advocating "Job Killing Taxes." They preach that our nation's problems can only be solved through lower taxes and less regulation. It's the same message they've continued to preach for decades. And, after Enron, Arthur Anderson, AIG, millions of jobs lost, and the near total collapse of our economy, I don't believe it anymore.

I know that economic theory advises that lower taxes "should" help the private sector to provide good jobs. But, one thing the theory apparently didn't factor in is Greed. If we didn't know it before, we do now: "Greed Trumps Theory."

Sure, Republicans were successful in implementing historically low taxes for businesses (some of which reportedly make use of provisions in our bloated tax code to pay no Federal taxes) and the wealthy. But, their "Trickle Down Economics," as it was originally called, failed to produce any of the promised benefits to the nation as a whole. Greed took over. Big Business and the wealthiest 5% of our population have done quite nicely under Republican policies. The remaining 95% of our population lost ground.

Over the last few decades, millions of good jobs were shipped overseas. Millions of additional jobs were lost as Big Business and Wall Street greed nearly caused a total collapse of our economy, resulting in a severe recession which we're still looking to recover from. One can only wonder just how much farther our decline might have been if Republicans had been as successful in destroying good government jobs as their Big Business benefactors were in destroying good private sector jobs. Somebody needs to buy the goods and services businesses provide, and the rich can't (or won't) buy enough to help our economy recover.

Until Big Business starts hiring again, and average Americans begin to have enough confidence to resume spending, our economy will remain weak. Big Business can't have it both ways. As long as the only economic security they provide is to their top executives, consumer confidence, and our economy, will continue to falter.

If the events of the last few decades are a guide, keeping low taxes for Big Business and the wealthiest 5% of our population will not provide the jobs our country needs. And, with the possible exception of greedy CEOs, it will not guarantee good paying jobs into the future. It will only help to increase our country's debt.

Think about it. What has "Trickle Down Economics" done for our nation? Are you more financially secure than you were 10 years ago, or 20 years, or 30 years ago? For the majority of our nation, the answer is "NO." If you answered yes, you may be lying to yourself; Or, you may be extremely wealthy; Or, you somehow managed to sidestep the housing melt-down, the financial fraud, the sharp losses in the market, and unemployment. Most in our country weren't nearly as lucky.

Do you really want to vote out the Democrats who, despite obstructionist Republicans who refused to help, actually passed some laws which will ultimately be good for our nation? Why, after allowing Democrats only two years to fix the mess they inherited, and when our economy has started to show signs of improvement, would you want to return to power Republicans whose policies did so much to help destroy jobs and the economy?

Job Killing Taxes? Like the politicians who claim that they will create jobs (private sector jobs, not the government jobs they despise), I suspect the phrase is just another in a long series of political lies.

I just find it very offensive when it's used to pander for votes when so many are without jobs, and our country is drowning in debt.