The Lies Our Politicians Want You To Believe, Number Two!

The next great lie we have heard frequently is, cutting taxes will create jobs. The proof that this one is wrong is to look at the last 40 years. We have cut taxes over and over again and what do we have to show for this? A huge national debt and an unemployment rate of over 9%. As the tax rate went down the corporations and elite have just stockpiled the additional money. There was a study finished last week, where they asked people who made more then a million dollars what they did with their tax breaks, and the answers ranged from buying new cars and houses to, the most common answer, which was they did nothing with it. The extra money was just placed in investments and savings. No one started a new company or created more jobs. The corporations, and please note I am talking about corporations not small companies, are sitting on huge amounts of capital. They are not creating jobs. When the push was on to extend the "Bush" tax cuts, we were told that the uncertainty over this issue was keeping companies from hiring. Well, they received the cuts and we received the shaft. Jobs are created by people developing new and better products. Jobs are created by building new, or repairing old infrastructure. Jobs are created when CEO's stop worrying about their enormous bonuses and move their companies forward, instead of just gathering more cash. Jobs are created in private sector and by governments. Jobs are created when people start to realize that their future is tied directly to other people doing well. Jobs are created when we educate our population to the highest standard in the world. Jobs are not created by reducing our revenue, while we increase our debt. Now is the time to let our leaders know we understand the truth and they need to face the truth. Cutting taxes never has and never will create one single job.