Capitalism

[pacfan]

Questions:

1) I haven't seen a correlation between unemployement and higher taxes, perhaps you can send me a link that shows that to be a fact.

2) I still don't see how "the free market riding it out" is fixing the problem.
As a liberal nothing is in stone for me, I must be convinced however to believe, and as of now I don't see how the free market "waiting it out" is helping to fix the problem.

Ok, killasheep, this is for you.

Answers:

1) Taxation is one of the tools govt. use to cool down overheating economy (aside from collecting money, of course). As such, it does tend to negatively affect employment though that's not it's primary intention. So the answer is yes and no at the same time.

2) Yes, the free market does usually tend to clear itself up over the long run but if let alone, it does so in a very messy way. It's just like flooding out a mound of garbage down into a city - the garbage will scatter all over but eventually with much rain flushing it, it'll all flow down into the sea.