What is the most immediate challenge facing the United States right now?

[joeydb]

Don't forget that "giving" tax cuts to businesses (both small and large) in the private sector is one of the only ways to create private sector jobs.

[jms62]

Originally Posted by joeydb

Don't forget that "giving" tax cuts to businesses (both small and large) in the private sector is one of the only ways to create private sector jobs.

Joey.. It is no longer 1975 Any tax cuts will line the pockets of corporate execs.

[Riot]

Originally Posted by joeydb

Don't forget that "giving" tax cuts to businesses (both small and large) in the private sector is one of the only ways to create private sector jobs.

Why, if that worked, did we lose thousands of jobs under Bush? The complete opposite happened.

Bush did that in 2001 and 2003, gave massive tax cuts to business, and that oversaw the greatest, fastest job loss of thousands of jobs, and a decline into the greatest recession since the Great Depression. Why didn't that work?

Why did Reagan have to raise taxes multiple times to help counter his rising unemployment?

History shows giving tax cuts does not create private sector jobs.

[joeydb]

Originally Posted by Riot

Why, if that worked, did we lose thousands of jobs under Bush? The complete opposite happened.

Bush did that in 2001 and 2003, gave massive tax cuts to business, and that oversaw the greatest, fastest job loss of thousands of jobs, and a decline into the greatest recession since the Great Depression. Why didn't that work?

Why did Reagan have to raise taxes multiple times to help counter his rising unemployment?

History shows giving tax cuts does not create private sector jobs.

How do we know that we wouldn't have lost thousands more if we hadn't cut the taxes?

The fact is that businesses need to remain profitable to remain in business. If you cut an expense (like taxes), then the business can continue. Whether the business does relocate is still up to the owners or management, but without profitability, there is no shot at keeping a business here. They will either move or close up.

Tax hikes certainly don't help. They accelerate the demise of a profitability-challenged business.

[Riot]

Originally Posted by joeydb

How do we know that we wouldn't have lost thousands more if we hadn't cut the taxes?

Because history shows that cutting taxes doesn't create jobs.

The fact is that businesses need to remain profitable to remain in business.

The facts:
We are in the worse recession recovery ever.
Taxes have never been lower.
The top 10 businesses in the United States paid zero income tax last year.
Corporate profits were record last year.

Our economy is a disaster. Explain why trickle-down theories you are proposing have never actually worked in this country in the past 100 years, and are literally not working right now.