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  • Quality of Life Alliance

Don’t Hold Your Breath For Those 250,000 Jobs

Posted by Chris Liebenthal on January 1, 2011

Scott Walker’s whole job plan is to cut taxes on the ultra-rich, so that they can create jobs. Don’t hold your breath for that to work:

What’s noteworthy about the narrative is the degree to which it defies simple common sense. It shouldn’t be a matter of debate that only one thing creates jobs, and that’s demand for companies’ goods and services. The idea that a business that was booming would refuse to hire people and forego expansion because top tax rates might nudge upward is as silly as the idea that a business that has no customers would add new employees because its owners expect taxes to be low.

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