"If transferring wealth to the top 2% creates jobs, wouldn't we be swimming in jobs?"

[courseofhistory]

When Mitt Romney asserted in a recent interview that his tax rate was fair and that it was necessary for job creation, I wish the interviewer would have followed up and asked him for some details and examples of how HE has created jobs in the US since he thinks his tax rate causes job creation. And then I would have asked for some specific examples from other people who are wealthy and get the same tax breaks.

In a report on Sensata (a Romney/Bain enterprise) laying off employees and outsourcing jobs, one person about to lose his job asks, "If transferring wealth to the top 2% creates jobs, wouldn't we be swimming in jobs?" (instead of outsourcing them which obviously creates more wealth due to much lower wages for the investors).

It doesn't impact the public with more jobs at all.

http://www.politicususa.com/sensata-worker-asks-romney-transferring-wealth-2-creates-jobs-jobs.html

[zbdent]

1. Yes, I remember the days when unemployment was .001% ... it was the day after

the Bush tax cuts went into effect ...

oh, wait ... that was me tripping on acid ...

[RichGirl]

2. That is the single most baffling thing to me.

After 10+ years of tax cuts for the rich....at which time we've had the greatest job loss ever...HOW...in God's name can:

1/ Romney insist that tax cuts for wealthy will create a zillion jobs????

2/ How can anyone with the minimum of one brain cell believe it????

[johnlucas]

3. It's the same trickle down bullshit we've been dealing with since Reagan

Obama's not going far enough with the tax change.
Just doing it like Clinton?
Please.
Hit them muthas like FDR!
At least like LBJ.

Roosevelt put it up in the 90% percentile.
LBJ cut 'em a little break & brought it down to just the 70% percentile.

Trickle Down DON'T WORK.
All those rich guys do is put the extra money in their pocket.
Businessmen are NOT job creators.
Opportunity is.
They just exploit opportunity & reluctantly hire people since they can't do all the exploiting themselves.
A businessman's ultimate goal is to make as much money as he/she can & they will pay out the least possible to the ones who help them make that money.

The only reason people keep falling for it is misidentification.
They think they are in the same group as the rich folks.
The temporarily embarrassed millionaires syndrome you've heard about.
John Lucas

[tarheelsunc]

4. If Mitt no longer has an active role at Bain, how is he a job creator now?