Name: William Rogers
Contact: whurogers@att.net
Affiliations: Member, Texas State Employees Union/CWA Local 6186
Residence: South Austin, Texas
Left Labor Reporter
Telling labor's untold stories
Do Tax Breaks for the Rich Create Jobs?
No…
“Moody’s Analytics Chief Economist Mark Zandi estimates that every dollar spent making the Bush income tax cuts permanent generates only 32 cents of economic activity. Comparatively, every dollar spent on unemployment assistance generates $1.61 worth of economic activity, a dollar of spending on infrastructure (which gives work to middle class Americans) yields $1.57 and a dollar in assistance to states to prevent layoffs of teachers or first responders (both middle class jobs) yields $1.41.”
from: http://www.prwatch.org/node/9828