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If the Bush tax cuts have failed to create jobs, why should anyone believe conservatives who continue to insist that even more tax cuts for the rich will do what hasn't been done in a decade.
The Republican party continues to argue for tax cuts for the ultra-rich and for corporations, based on the myth that these are "job creators" and you need to do everything possible to encourage them.
After 30 years of supply side hoaxterism, and a steady drum-beat of support for economic policies which serve the interests of large corporations, literally at the expense of small business and working Americans, a venture capitalist says it:
” I’ve never been a “job creator.” I can start a business based on a great idea, and initially hire dozens or hundreds of people. But if no one can afford to buy what I have to sell, my business will soon fail and all those jobs will evaporate. ”
Businesses don’t fail because of “government regulations,” or because of “the Bank;” they fail because their numbers don’t add up. The number one reason for small business failure: “There is not enough demand for the product or service at a price that will produce a profit for the company.”
As long as conservatives continue to put the interests of the upper 1% before the interests of the remaining 99%, they will fail.
http://mobile.bloomberg.com/news/20...-job-creators-commentary-by-nick-hanauer.html
Jay Goltz, “Top Ten Reasons Small Businesses Fail,” NYT, January 5, 2011.
Robert Longley, “SBA: Why Small Businesses Fail,” USGinfo.
Patricia Shaefer, “Why Small Businesses Fail: Top Seven Reasons,” BusKnowHow.
Melinda Emerson, “Reasons Businesses Fail: 5 Reasons why,” Small Business Trends, April 5, 2010.
The Republican party continues to argue for tax cuts for the ultra-rich and for corporations, based on the myth that these are "job creators" and you need to do everything possible to encourage them.
After 30 years of supply side hoaxterism, and a steady drum-beat of support for economic policies which serve the interests of large corporations, literally at the expense of small business and working Americans, a venture capitalist says it:
” I’ve never been a “job creator.” I can start a business based on a great idea, and initially hire dozens or hundreds of people. But if no one can afford to buy what I have to sell, my business will soon fail and all those jobs will evaporate. ”
Businesses don’t fail because of “government regulations,” or because of “the Bank;” they fail because their numbers don’t add up. The number one reason for small business failure: “There is not enough demand for the product or service at a price that will produce a profit for the company.”
As long as conservatives continue to put the interests of the upper 1% before the interests of the remaining 99%, they will fail.
http://mobile.bloomberg.com/news/20...-job-creators-commentary-by-nick-hanauer.html
Jay Goltz, “Top Ten Reasons Small Businesses Fail,” NYT, January 5, 2011.
Robert Longley, “SBA: Why Small Businesses Fail,” USGinfo.
Patricia Shaefer, “Why Small Businesses Fail: Top Seven Reasons,” BusKnowHow.
Melinda Emerson, “Reasons Businesses Fail: 5 Reasons why,” Small Business Trends, April 5, 2010.