Tuesday, August 30, 2011

video: if Bush tax cuts were to create jobs why has unemployment increased @gop @tcot #p2 @AnthonyCumia gop rep can't answer

from http://blog.buzzflash.com/node/12975

MARK KARLIN, EDITOR OF BUZZFLASH AT TRUTHOUT

One of the traditional America values that used to be revered as a sign of our national character was common sense.

But no longer. Most of the right-wing slogans and sound bites are based on promoting economic policy that has proven not to work. This is the opposite of common sense: it's doing what repeatedly hasn't shown results and insisting that it will magically be effective the next time around.

GOP Congressman Randy Hultgren of Illinois was confronted with common sense about the Bush tax cuts at a summer recess town hall meeting. Indeed, a constituent asked Hultgren why - if the Bush tax cuts helped create jobs, as the GOP argues - the unemployment rate has gone up around 3 percentage points since they were enacted? Hultgren was flummoxed.

He couldn't answer the question and fumbled his way into talking about "the stimulus" instead of the ineffectiveness of excessive tax cuts for the wealthy. Cenk Uygur of The Young Turks featured a video of the encounter and remarked that Hultgren was "stone cold busted." Uygur noted that we've lost a million jobs over the last ten years.

The constituent also pointed out that the nonwealthy end up paying more in additional government taxes (to cover the interest on the debt, but one could add that additional flat, local and state taxes are borne by the middle and working class), while the rich just get richer.

You can add to that the common sense and prima facie reality that if the Bush tax cuts for the wealthy were repealed, it would go a long way toward reducing the national deficit with which the GOP and the Tea Party are so obsessed.

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