Re: 2012 Presidential Election (free for all edition)
trickle down doesn't work. yes, if you give someone an extra 20 million a year he might hire 1-2 more people, but most of the extra money just goes into savings.
if trickle down did work, cut the tax rate to 5% and let everyone pay higher wages :P. It'd be like rome, you'd have the super super rich (that'd supress wages) and the mass of working poor/lower middle class.
our "job creators" like matt damon, david letterman, stephen colbert etc aren't making jobs. most small business owners aren't in the 1% and that's where most of the jobs actually are. (and i think david letterman is still GETTING 250k a year from the government for farm subsidies... our system is awesome!)
if you want more jobs, lower the cost of entry for small businesses. That's completely seperate from individual tax rates, and most big corps generally want to raise the barriers for entry to keep competition out.
I just see a huge divide between what the GOP says they want to do (create jobs) and what they're actually trying to do (consolidate power/wealth for the incredibly short-sided/self interested).
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