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Originally Posted by The One and Only...
Wait a second. Did you just say that the Administration is not trying to produce job growth? What the hell do you think those tax cuts on the top 2% are for? Many of those guys are small business owners, and small businesses are the real job generation machines in this country. Greenspan's also helping out with the low interest rates, but he probably would have done that with any politician in place.
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If I am a small business owner and the tax I pay drops from $15, 000 to say $10, 000, I won't necessarily hire more people. Bush's logic in this regard is flawed. As well, from what I've read of the Administration's job creation strategy, there are no concrete provisions to encourage companies to use the money they will save from their tax cuts to create jobs. It's basically a 'Hail Mary' play that relies on corporate America acting without greed - something that some members of this community are incapable of doing, as proven by the scandals over Enron's collapse and Haliburton's military contracts.
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