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Daily Kos: State of the Nation

An interesting article about job creation under each post-WWII president.  Includes a clear and striking chart.

Date: 2009-03-04 02:30 pm (UTC)
nounsandverbs: (Default)
From: [personal profile] nounsandverbs
So much for the Republicans' theory of, "Maybe if we lower taxes on the rich and don't do anything else, jobs will somehow be created."

I like Obama's candor in the matter: "We don't know if this will work, but let's try a bunch of things and see."

Date: 2009-03-04 08:41 pm (UTC)
From: [identity profile] jennythe-reader.livejournal.com
I think the whole theory of "trickle down economics" has been thoroughly debunked by now, especially as a way to generate sustained growth.

Date: 2009-03-04 10:56 pm (UTC)
nounsandverbs: (money)
From: [personal profile] nounsandverbs
Any economic theory with the word "trickle" in its title is bound to be bad news for the vast majority of people.

I'm from the "you know what, leave me alone and let me make my own money" school of economics.

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