Sluggish private job growth indicates failure of tax cuts
Via Economic Policy Inst:
Sluggish private job growth indicates failure of tax cutsThanks to MaxSpeak.
Changes in tax law since 2001 reduced federal government revenue by $870 billion through September 2005. Supporters of these tax cuts have touted them as great contributors to growth in jobs and pay. But, in reality, private-sector job growth since 2001 has been disappointing, and a closer look at the new jobs created shows that federal spending—not tax cuts—are responsible for the jobs created in the past five years...
Tags:[economy], [tax cuts],[job growth]