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Newsflash: Supply-Side Economics Still Doesn't work

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Newsflash: Supply-Side Economics Still Doesn't work

Postby fisticuffs » Tue Apr 02, 2013 12:16 pm

Wisconsin has dumped billions into corporate welfa.. I mean tax breaks and has fallen to 44th in the US for Job Creation.

2.1 Billion in corporate handou... er subsidies in NJ and the State's unemployment is at 9.3%
http://www.newjerseynewsroom.com/econom ... -the-jobsq

Walmart is posting record profits and has cut the workforce by 120,000 since 2008.
http://finance.yahoo.com/news/walmarts- ... 07235.html

So why is it anyone would believe lowering corporate taxes is going to create jobs?

Demand creates jobs. Case closed.
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Re: Newsflash: Supply-Side Economics Still Doesn't work

Postby Bludgeon » Tue Apr 02, 2013 12:32 pm

And you suppose the unemployment rate has got nothing to do with businesses taking precautionary measures to avoid the cost of the ACA?

Or the fact that businesses that are expanding wouldn't waste their time on a state without right-to-work laws when there are perfectly good right-to-work states all over the country?
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Re: Newsflash: Supply-Side Economics Still Doesn't work

Postby pjbogart » Tue Apr 02, 2013 12:39 pm

Perhaps you'd like to give us a chart of unemployment rates and per capita income in States with and without right to work legislation?

Don't tell me... show me.
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Re: Newsflash: Supply-Side Economics Still Doesn't work

Postby Stebben84 » Tue Apr 02, 2013 12:43 pm

Yup, it's never the corporations fault things suck. It's always other things and now that we have ACA, everything can get blamed on it. It's also the workers fault for wanting rights.

No comment on that Walmart article Bludge? I'm so glad we have cheerleaders for greedy, fuck faced corporations.
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Re: Newsflash: Supply-Side Economics Still Doesn't work

Postby kurt_w » Tue Apr 02, 2013 12:55 pm

Bludgeon wrote:And you suppose the unemployment rate has got nothing to do with businesses taking precautionary measures to avoid the cost of the ACA?


Can you explain why the implementation of ACA would make the economy so much worse in Wisconsin than in the rest of the country?
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Re: Newsflash: Supply-Side Economics Still Doesn't work

Postby pjbogart » Tue Apr 02, 2013 2:25 pm

kurt_w wrote:
Bludgeon wrote:And you suppose the unemployment rate has got nothing to do with businesses taking precautionary measures to avoid the cost of the ACA?


Can you explain why the implementation of ACA would make the economy so much worse in Wisconsin than in the rest of the country?


I think Bludgeon misspoke. It's the ACA that's keeping unemployment high nationwide. The Solidarity Singers are keeping unemployment high in Wisconsin.
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Re: Newsflash: Supply-Side Economics Still Doesn't work

Postby Mean Scenester » Tue Apr 02, 2013 3:34 pm

Image
(Source: businessweek.com)

Funny, healthcare costs seem to be paying dividends for Walmart's biggest competitor. Any comment, Bludgeon?
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Re: Newsflash: Supply-Side Economics Still Doesn't work

Postby Mean Scenester » Wed Apr 03, 2013 12:19 pm

Image
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Re: Newsflash: Supply-Side Economics Still Doesn't work

Postby Stebben84 » Wed Apr 03, 2013 12:42 pm

Bludgeon is waiting till Wisconsin is in the top 20 for job growth. Then you'll be sorry you said ANYTHING.
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