CUTTING TAXES HAS USUALLY LEAD TO HIGHER UNEMPLOYMENT

The data shows that the above head-line is usually true.

…The unemployed of 1930

Don´t you just love studies, data and statistics?

Yes, I have said for years that anyone with any brains can design a study or can manipulate statistics to prove just about anything. But then again, there are also those right-wing talking blow-hards such as Rush Limbaugh and those on the FOX network that just make-up their own so called "facts" for attempting to prove their statements or positions.

However, the reality is that some studies with properly acquired data do show truthful results, such as trends and facts regarding the realities of what´s actually going on in this world of ours.

As one example, there was an extensive study performed by a major British University where democratic nations, including the British Empire, the US and the other democratic governments in the world were surveyed over their previous 30 years. The properly collected data showed, with absolute proof, that more citizens within these countries died from suicides, murders and homicides when conservatives were running the governments, compared to when liberals were in the majority.

Now just why would that be the case?



The supporting background data showed that in all of these situations, when conservatives were in power, unemployment usually increased. When this occurs, the stresses within working families increases causing difficult emotional circumstances and thus, unnecessary deaths in each country also increased.

In addition, conservatives usually do not support the concepts of unemployment insurance and they also tend to cut the taxes that are normally used for supporting the social programs that are so seriously needed during those times of emotional and economic strife.

As another example of these types of truthful studies, the political writer and successful novelist, Larry Beinhart, who also writes regularly for the internet´s buzzflash.com, has put together data that illustrates and supports the following statements:

Statement #1: Tax cuts usually lead to higher unemployment.



Statement #2: Tax increases usually lead to lower unemployment.



Example:

>>Since 1950, there were five increases on taxes for the rich. Four out of five times, unemployment went down.

>>Since 1950 we have had ten cuts to the top margin tax rate. Six out of 10 times, unemployment has gone up.

Here is some of the selected data for demonstrating Mr. Beinhart´s statements:

>>YEAR - UNEMPLOYMENT RATE - RESULTS

>>1968 - 3.6% - Tax Hike / Unemployment down

>>1969 - 3.5% - Tax Hike / Unemployment down

>>1970 - 4.9% - Tax Cut / Unemployment up

>>1971 - 5.9% - Tax Cut / Unemployment up

>>1981 - 7.6% - Tax Cut / Unemployment up

>>1982 - 9.7% - Tax Cut / Unemployment up

>>2001 - 4.7% - Tax Cut / Unemployment up

>>2003 - 6.0% - Tax Cut / Unemployment up

>>2010 - 9.8% - Tax Cut / Unemployment up

Is this "absolute proof"? Oh, probably not. However, it does seem more than just a coincidence.

But this is real evidence of the legacy of the GOP´s so called "Trickle Down or Voodoo Economics" that has provided more wealth for the rich and fewer jobs for working Americans.

Copyright G.Ater 2010

Follow me on Twitter: gater01