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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (551935)3/15/2004 2:09:53 PM
From: DOUG H  Read Replies (1) | Respond to of 769670
 
What it seems to suggest is that changes in taxation do not seem to affect employment over the short-term.

That's a surprise to no one though the author wants the reader to assume that absent that link, taxation has no effect on total employment. He makes the silly observation that Clinton raised taxes and employment went down. Bubblemania and public sector hiring had more to do with it that anything.

I think the facts presented by the author demonstrate that tax INCREASES do not coorelate to increased employment in the long run. Indeed, while Public reciepts have gone up, private sector jobs have disappeared. (That's why employment remains steady state while public sector employment grows rapidly)

>>> It doesn't address the long-term at all --- too complicated.>>>

Not really, trying to link the short term is due to lag effects and what not but in the long run, we both agree, the more you send to Washington, Sacramento, or City Hall, the less is available for private sector use.

That's why lopping the holy crap out of spending is so vital and neither party seems willing to do that.