Thursday, June 16, 2011

The Bush Tax Cuts: Why There Are No Jobs In America

No BushImage via WikipediaCreating jobs is no rocket science. The entrepreneurs in the private sector do it. But people in DC can get in the way in a major way. And they have been doing it. The single biggest reason why America does not have the jobs it needs would be the Bush tax cuts.

I am for a small, efficient government. Heck, I am a tech entrepreneur, I want the government out of my face as much as possible. And cutting taxes is one way to achieve that goal of small government. But you have to create surpluses first.

You don't engage in a trillion dollar war in Iraq a-n-d spend another trillion dollars on tax cuts with borrowed money. That is like saying the small government agenda in America is China's responsibility.

The single best thing DC can do to create jobs is to balance the budget. And so getting rid of the Bush tax cuts is going to have to be the center piece of the Obama 2012 effort. If you want to keep the Bush tax cuts, vote for someone else, vote for Arizona Palin, or whoever. Because Barack Obama is for eliminating the irresponsible Bush tax cuts and creating jobs for the American people.

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