Changes in tax law since 2001 reduced federal government revenue by $870 billion through September 2005. Supporters of these tax cuts have touted them as great contributors to growth in jobs and pay. But, in reality, private-sector job growth since 2001 has been disappointing, and a closer look at the new jobs created shows that federal spending—not tax cuts—are responsible for the jobs created in the past five years.That means that the additional trillions in national debt that Bush has saddled our children with to give tax cuts to the super wealthy has done absolutely nothing to grow the economy.
This is class warfare with a vengence. The rich feed off the middle class and the poor. and give nothing back.