Wednesday, October 3, 2012

Tax breaks for wealthly don't create jobs

This is funny, because I was just thinking back to economics class and had the same thought in my mind. I also seem to remember that you need to show the market for your business plan that you submit to get a loan.
GREEN BAY — Jobs are not created by continued tax breaks for the wealthy. Job opportunities are created when the demand for products increases.

The demand for products will increase when people have discretionary funds to purchase things they desire. This is a basic economic principle for economic growth. The economy will improve when people’s basic necessities are met, so they have funds to buy what they want, in addition to what they need.

Cutting budgets to programs that help provide for the basic needs of people with low incomes does not allow economic growth.

Kendra Jaeger


The next time someone tells you that Politician X is destroying the economy, remind them that the stock market and corporate profits are at all-time highs.

When they tell you that this hasn't helped them any, remind them they've just admitted Trickle-Down Economics doesn't work.

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