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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Lambert Strether</author_name><author_url>https://www.nakedcapitalism.com/author/lambert-strether</author_url><title>The Rich Create Bubbles, Not Jobs | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="KwArEaJom0"&gt;&lt;a href="https://www.nakedcapitalism.com/2012/11/the-rich-create-bubbles-not-jobs.html"&gt;The Rich Create Bubbles, Not Jobs&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2012/11/the-rich-create-bubbles-not-jobs.html/embed#?secret=KwArEaJom0" width="600" height="338" title="&#x201C;The Rich Create Bubbles, Not Jobs&#x201D; &#x2014; naked capitalism" data-secret="KwArEaJom0" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>By Hugh, who is a long-time commenter at Naked Capitalism. Originally published at Corrente.  On June 7, 2001, HR 1836 the Economic Growth and Tax Relief Reconciliation Act was signed into law. This was the first and largest of several tax cut bills passed during the Bush Administration. It was estimated to cost $1.35 trillion with most of its benefits going to rich. So this should have spurred job creation. Give money to the "job creators" and they will create jobs, no?</description><thumbnail_url>http://farm9.staticflickr.com/8330/8142470713_bbd6554b42_z.jpg</thumbnail_url></oembed>

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