General Discussion
In reply to the discussion: Wow, really, are Democrats now a party that want to gut Social Security in favor of tax cuts? [View all]Tax cuts don't really provide that much stimulus. Tax cuts at the bottom provide slightly more ebcause those in poor and working class brackets are more apt to spend the money than the wealthy.
This does not mean that tax cuts are the best vehicle for economic stimulation, as a matter of fact we can safely say that it may well be one of the worst methods for creating a healthy economy. We have had thirty some odd years of tax cut ideology and tax cut policy and it has contributed to where we are today. Massive deficits and terrible job numbers seem to be the result.
Tax cuts also require the government to make stupid choices regarding budget cuts to make up for the deficit, which seems to disproportionately fall on those poor and middle class people that the tax cuts are for. This means the poor and middle class get the honor of stimulating briefly a consumer based economy that, at best, produces a few retail jobs before shipping most of the profits to large corporations that tend to employ slave labor in far off countries lacking worker protections.
This seems like a bad thing to me but I am curious what you might think about this.