When Democrat Governor, Pat Quinn, raised individual taxes by 67% and corporate taxes by 44% in January of this year, folks told the Dems this would bring harm to the state's already damaged economy, but the Keynesian clowns of the Democrat Party disagreed.
Well, just 6 months later, the normal people get to say, "We told you so." The chart to the left shows a steady growth in the jobs market until the very day that taxes were increased. Since that time, the state of Illinois, Obama's "home" state, has lost 89,000 jobs.
Is there a better illustration for why raising taxes during a recession (or whenever) is a terrible idea? But you cannot tell some children what to do and this Keynesian Silliness is a perfect example.
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