Cherry-Picking to Overhype Jobs Gains from Tax Cuts
The GOP cherry-picked states with the largest number of job gains this year to promote its claim that “GOP tax cuts have fueled a massive acceleration in job growth since this time last year.”
There has been a net increase in the number of jobs added in the first six months of 2018 compared to a similar period in 2017. But the nationwide gain isn’t nearly as dramatic as those individual states highlighted by the Republican National Committee, and in 12 states fewer jobs have been created this year. Economists tell us it is premature to assess the impact of the tax cuts on job creation.
President Donald Trump frequently touts the impact of theRepublican-crafted billinto law on Dec. 22, 2017. And with the economy humming along, Republicans are quick to point to the bill as a catalyst for job growth.
