Inuyasha wrote:
Kraichgauer wrote:
Then why the hell are we even wasting money through tax cuts on the rich? I want to see results. And I believe that if they don't produce jobs in America, then the government should have the right to repossess the money through taxation.
-Bill, otherwise known as Kraichgauer
They would start hiring again if they stopped get mountains of new regulations shoved on them (some of which apply retro-actively (meaning you get penalized for something that happened before the regulation existed)). They are afraid to hire, invest, etc. because Government is constantly changing the rules. Businesses like the rules to remain constant, so they know what they can and can't do.
While you find that as an acceptable explanation, I personally think it's a cop out.
Case in point - next door to my state of Washington is Idaho, where conservative elements in state government in the 80's had convinced the voters to pass right to work laws, and to elect legislators who reversed regulations and social programs in order to attract more business. Today, Idaho is a very poor state with rapidly disappearing jobs, and are at the bottom of the list when it comes to spending on education. The pro-business right didn't exactly do a bang up for my neighbors in Idaho.
-Bill, otherwise known as Kraichgauer