AUG: +151,000 jobs. Unemployment rate steady at 4.9%. AUG details here!.. Jobs since Obama took office?... Unemp. rate under Obama?

Sunday, February 8, 2015

Bush Tax Cuts End.. Job Growth Starts?

I love this graph from the New York Times.. It shows payroll jobs growth for a rolling year-over-year from 2011 until 2015.

Original found HERE








You may recall that the Bush tax cuts were sunset in early 2013 for the richest people and families, those people and families making $400,000+... and some new ACA (Affordable Care Act) taxes kicked in for higher earners at the same time.

Of course, the right complained and complained that these increased taxes would cost jobs and prosperity; you know, the whole "Rich people are the job creators" bit.  But it looks as though the righties were wrong... again!  Job growth has really taken a jump over the past 18 months to two years.

Hmmm... Maybe this trickle down stuff really doesn't work?
(An Oldie but a Goodie: More about those "job creators" HERE.)

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