Bush Tax Cuts Didn't Create Jobs

Democratic strategist Steve McMahon shows how to to property frame the tax cut issue.

MCMAHON: You know, on the small business thing, I just go back to the fact; if you’re a small business person, you pay taxes on your profits and if you create a job, job creation and every cost associated with that is deductible, which means you don’t pay any taxes on… you pay less taxes in a high tax code… in a high tax environment if you create more jobs and you spend more money on employees. So I think, you know, Matt likes to say you can’t find an economist who says cutting taxes will create jobs. I can’t find an economist who says that giving tax cuts to millionaires and billionaires will create any jobs and in fact the tax code suggests just the opposite.

Pensito Review has a good chart of how bad unemployment was when Obama took office.



The chart created by George Mason University shows the true devastation of the Bush years.



The Corner blogger Veronique de Rugy hysterically wrote, "Interestingly, if we leave out January 2009 from the calculation, President Bush’s net private-sector job creation is positive: 133,000 jobs." De Rugy is forced to admit Bush's job creation numbers are negative because of jobs lost.

The 9/11 attacks and the Wall Street meltdown in 2008 played a part the the economic climate that loss jobs. The Bush tax cuts aren't the only factor. That said, Republicans have no actual evidence to point to that the Bush tax cuts created jobs.