richardhutnik said:
Kasz216 said:
richardhutnik said:
HappySqurriel said:
This analysis says nothing because there are far too many factors that haven't been accounted for; and the timeline is too short with arbitrary start and end points. To understand what I mean just consider the real-estate bubble that began inflating in the Clinton years and continued through the Bush years, and finally burst right at the end of G.W Bush's last term; there is no reference to how many jobs were "created" or crowded out by this bubble, and you have provided no argument for the level of influence Bush's tax cut policy made in isolation from this bubble.
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I believe the real estate bubble happened after the dotcom bubble, as money began to seek out the next investment opportunity and piled into the real estate sector with far too much funds. This then fed on itself.
Anyhow, in regards to this, there is a question, and it is fundamental to economics on where the money should go, to handle situations that aren't in anyone's control.
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Actually the real estate bubble started during the dotcom bubble.
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It accelerated after the dotcom bubble burst actually. One needs to see when real estate prices greatly exceeded inflation rate prices to see when it began. I could google it, but maybe someone else should. I had been busy googling Bush tax cuts and job creation. I did find this one article that listed a number of reasons on why they were disasterous:
http://crooksandliars.com/jon-perr/10-epic-failures-of-the-bush-tax-cuts
It would be good if people can find something in support of them. Not just say, "Common sense dictates" because as we see now, there are NUMEROUS other factors that impact job creation or job loss.
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I did?
You know, the fact that the second round of tax cuts were followed by lowered unemployment?
And the fact that in general that's been the case for taxcuts down the line.
