| ManusJustus said: Increased health insurance costs have an effect on the profitibility of the work force, as the total cost of a worker increases. Increased tax on wealthy invidividuals has no effect on the profiitibility of the workforce, as their cost stays the same. Since the cost and production of employees stays the same, there will not be a net change in number of employers needed to maximize profits. This has been shown to be true time and time again. It should be obvious to any layman that your economic ideology is flawed as America's economy is the worst it has been in 60 years while taxes are the lowest they have been in 60 years. |
Except... taxes aren't the lowest they have been in 60 years?
They aren't even the lowest they've been in the last 20 years? They're the lowest they've ever been since 1993.
They were at their lowest in 88-89. Then taxes started going up... and so did the unemployment rate.
Up until the dot.com and housing bubbles... which is the only time really that unemployment has gone down when government spending has gone up.
When we had two huge artifical bubbles that later blew up in our faces.
