STFU about Tax Cut whining

I am suprised that I am suprised about people, still. I will admit that I did not understand, at first, why we would have any reason to give tax breaks to the wealthiest of us in a bad economy. I mean, I could really use a break, as could everyone I know. This is a common theme both for politicians and their constituants, but noone is explaining why it is so important.

Statistical Economic models for Macro Economics have shown time and time again that job growth and investing (the kind we need now to allow growth in the small business / startup sector) are directly related to how much wealth the top 2% are able to use. Tax cuts have been shown over and over again to provide a huge boon to the job market during a downturn. Tax cuts really have nothing to do with the rich becoming richer, but in encouraging people who control how many employees work somewhere or how much money to invest (or even if to invest) in a company to do so. Right now we are seeing investors hold their capitol in reserve because they are concerned about the fed's decision to not renew tax cuts and it may no longer be advantageous for them to invest as strongly as before. This is not about triggering consumer spending, but encouraging the very people (and companies) that have the largest cash reserves in the history of man to put it back into the economy.

I would love a tax cut, everyone enjoys a stimulus check - but statistically we do not invest. We spend our extra money on consumer goods. Quickly. So our spending equals more seasonal retail employees and goods from China (good for China) not more economic expansion, more long term jobs, and no sustained job growth.

If this is too much for you, or you do not agree, but lack the education to make a logical argument, please keep your comments to yourselves.