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Friday, January 27, 2006 

Sluggish private job growth indicates failure of tax cuts

Republican economic policy consists of an expansion of government jobs financed by loans from the Communist Peoples Republic of China.

Via Economic Policy Inst:
Sluggish private job growth indicates failure of tax cuts
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...
Thanks to MaxSpeak.

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