Job Creators, Really?

Decreasing taxes (earned income and capital gains) of the "one percenters" does not mean that more jobs are created as claimed by past and present GOP presidential candidates and their supporters.

According to actual data available from various sources such as the Bureau of Labor Statistics and Citizens for Tax Justice one sees a direct correlation that decreasing the maximum taxes also decrease the number of jobs created.  To be fair, there was an increase in jobs from 1992 to 2000.  From 2001 to 2011 there has been a drop and then an anemic rise and finally a dramatic drop.  In 2002, the taxes were again reduced significantly, and job creation was also reduced.

There is an old saying that seems appropriate: “In God we trust, all others bring data.” Politicians and government officials should prove their assertions by bringing data that can be independently verified by voters and the news media.

Holding candidates to a higher standard of honesty might lead to a selection of candidates with integrity for public office.

*Source: Citizens for Tax Justice, Nov 2011, www.ctj.org/pdf/regcg/.pdf

** Source: Bureau of Labor Statistics, U.S. Department of Labor, The Economy Today: What our measures tell us about the current labor market." by Keith Hall, Commissioner Bureau of Labor Statistics April, 2011. www.bls.gov/bls/commissioner_2011_04.pdf