Saturday, May 28, 2011

The Republican Job Creators Myth

On Thursday, John Boehner and the House Republican leadership team unveiled their "Plan for America's Job Creators." As he repeatedly made clear before the Economic Club of New York and again on CBS Face the Nation, Boehner's "job creators" are the top two percent of income earners whose Bush tax cuts President Obama has proposed ending. And that presents a bit of problem for the Republicans. After all, George W. Bush's tax breaks for the wealthy sadly coincided with the worst period of job creation of any president since Herbert Hoover. Which means the GOP plan for America's job creators is just another tax cut windfall for the gilded class.

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