Since there is no demand, should corporations be able to claim that

[applegrove]

deregulation and tax cuts create jobs? Because they don't. And there is no demand because the financial sector was deregulated. So it is the corporations fault.

[RUMMYisFROSTED]

1. Able?

Hell, they do it all the time.

[Proud Liberal Dem]

2. The easiest response to that argument

is that regulations and higher taxes have historically not been a bar to creating jobs. If regulations and higher tax rates really prevented corporations from hiring like they argue, then there should have been virtually no economic growth for our country since FDR and/or LBJ. :shrug:

Remember these points too:

1.) Republicans want to lower taxes (or keep them low) regardless of whether the economy is doing good or not.
2.) Republicans want to eliminate/reduce/rollback regulations regardless of whether the economy is doing good or not.
3.) There has never been any real "certainty" in regards to the economy.

In short, these things are excuses made by Republicans to continue to enable corporations to avoid accountability for not creating jobs, as well as helping them maintaining maximum profits and minimum costs.

[kentuck]

3. At one time, farmers produced hundreds of tons of wheat they could not sell...

They supplied it but no one bought it. That was supply side in its starkest form.