11.20.2005

Research Dispels Bush Claims That Tax Cuts Create Jobs - Yahoo! News

Research Dispels Bush Claims That Tax Cuts Create Jobs - Yahoo! News: "'No workers have really benefited from
President Bush's tax policy,' says Gloribell Mota, a bilingual education specialist at UFE. 'But Blacks and Latinos have suffered disproportionately.'

The study shows that African American unemployment remains about twice as high as that of White workers. Moreover, it indicates no sign of growth in quality jobs (defined as paying at least 16 dollars per hour and including health benefits and a pension plan) for workers from any racial background, including Whites.

Last year, one million people fell below the poverty line, a disproportionate number of them children, while the number of billionaires rose to 374, the study says, adding that the number of people living in poverty rose from 11.3 percent in 2000 to 12.7 percent in 2004.

The study also shows that the percentage of American workers benefiting from employment-based health insurance was down from 63 percent in 2000 to less than 60 percent in 2004. This despite the fact that U.S. workers are spending more than 1800 hours per year at work while their counterparts in other technologically advanced nations work for 1600 hours a year--a difference of five full work weeks."

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