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On the one hand, it’s clear that government (ie, Obama) has stimulated private sector job growth:
The September jobs report was just released and demonstrates that America is on a far slower path to recovery than anyone originally predicted. Despite this, the shedding of government jobs cloaks a glimmer of hope: more private sector jobs have been created this year than during the entire Bush administration. Read that again: 2010 has had more private job creation than during the entire 8 year tenure of George W. Bush.
This is the 9th straight month of private sector job growth in the midst of a devastating recession that has put a serious strain mostly on the poor and middle class. There has been a total of 863,000 private sector jobs created in 2010, exceeding the total created under the Bush/Cheney regime.
On the other hand, it’s clear government (including Obama) has destroyed private sector job growth:
The unemployment rate has risen again for the the first time in 4 months. I predicted a growing, long-term unemployment problem last year.
Indeed, even after the government plays with the numbers to make them look better (using inaccurate birth-death models and other tricks-of-the-trade), this is how the current jobs downturn compares with other post-WWII recessions [see chart above].
In fact, as demonstrated below, the government’s actions have directly contributed to the rising tide of unemployment.
The Government Has Encouraged the Offshoring of American Jobs for More Than 50 Years
[...] The Government Has Encouraged Mergers
[...] The Government Has Let Unemployment Rise in an Attempt to Fight Inflation
[...] The Government Has Allowed Wealth to be Concentrated in Fewer and Fewer Hands
#57
So you got sued, big deal. To avoid lawsuits you would need some sort of reasonable governance or oversight to stop this kind of thing. In the US, that’s evil socialism so the little guy needs to spend money on lawyers right up front. Get over it and quit whining.
Typical tea partier. You want to the government to cover your ass but you don’t want to pay for it. Grow up and be a libertarian, pay your own way (including lawyers), or quit grumbling.
MikeN, he would have been the ONLY one with such a distinction, I recall that part clearly. Just like Bush in 2004 however, it’s too early to make that claim now. I realize the entire political right WISHES and HOPES the economy tanks so their guys will get elected, but we’ll have to wait and see.
#14 WPA once called “we piddle around” is in my opinion better than welfare but any thought that it would have brought us out of the depression is ludicrous.
A tax cut encouraging private sector spending and investment worked once to get us out of a major depression ASAP but there is hard evidence is that work fare and even welfare keep people in place not doing something that makes a profit.
This doesn’t mean I want people to starve but I’m aware of enough history to know that those countries that spent the least on relief often recovered fastest during the great depression.
As Ben Franklyn noted if you get to comfortable being poor you are liable to stay that way. Being on the dole provides some people with everything they want out of life.
If any of you progressives know a cure for that problem please feel free to share. I haven’t come up with a solution that allows me to be both as generous as my faith suggests I should be while dealing with the mooches though I think Paul covered it with, “let him who will not work not eat.”
There is a point here..
Deowll must get it.
KEEP PEOPLE WORKING..
Let them WORK and feed themselves.
The longer they FIGHT to find a job, the MORE QUIT looking.
Humans go nuts or try to find alternatives to NOT WORKING..and some of those will turn to crime.
Keep them working. And earning money and they will remember HOW. If they sit around and learn OTHER ALTERNATIVES, they will try them.
Its time to clean up the GOV and the Corps.
Corps have had it good for over 20 years. MOST have forgotten the BASICS OF BUSINESS, “The consumer MUST earn/have enough money to BUY YOUR PRODUCT.”
#61 Progressives slander business as selfish profit driven xyz who exploit overseas workers blah blah.
But business people are human and not stupid.
If you hate them, they leave for regions that do not.
If you punish them taking the fruit of their labor and skill, so being in business doesn’t profit…they leave for regions that allow them to earn money.
If you mug, beat and rape them whenever they walk down your street, they will stop walking down your street…even if you scream hatred at them for being so disloyal.
Its the loons who drive them out of the country that are disloyal, not wanting their fellow Americans enjoy their rights to life, liberty and pursuit of happiness…
So they go elsewhere and do it.
I don’t blame them, I blame the progressive loons tho drove them away.
#63–Do-ill==what is your solution for people who want to work but there are no jobs?
In the universe of all possibilities, what of the society so advanced that 60% of its people with advanced technology can provide 100% of needed goods and services? What is the 40% supposed to do?
And, “philosophically speaking” whats wrong with allowing those who want to work, work while allowing those who wish not to work, not work? My observation is that most people cannot handle not having work to occupy their minds. Sad actually.
OLO, my point is that that is a very big if. If he hasn’t been reelected. It’s possible that this applied to other presidents who were reelected, and that there were other four year periods where it would happen. I think it is very likely to be true about Obama as well. If you go to the article, and the database they link to, the most recent months are all negative after a first 12 months of negative numbers.
66..
Get them some work..
“And, “philosophically speaking” whats wrong with allowing those who want to work, work while allowing those who wish not to work, not work? My observation is that most people cannot handle not having work to occupy their minds. Sad actually.”
You do not want BORED people..
you dont want desperate people..
Keep them busy enough to Feed their OWN families.
The Gov has forgotten the lower classes. They are so far OUT in the world.. They dont know what reality is.
The Corps led them into it.
“KEEP wages LOW” so business can GO UP..WRONG.
Business went from CONSUMER based to PROFIT IDEALS.. and its SCREWING UP the nation.
Profit is not BAD, is the comment we get from Many…but Strapping a Motor to your butt while Swimming ISNT a good idea, to increase your speed. Neighter, is Keeping profits out of the reach of the CONSUMER, so they earn enough to BUY your products.
For those that havnt noticed in the last 10-12 years..Food has almost doubled in price. AND it aint the cost of FUEL.
10,000lbs of Food in the back of a truck, does not ADD that much PER product cost if you DOUBLE the price of fuel.
# 65
Nice tirade. Why do foreign banks invest more in the US than national banks? On right, forgot about that.
Listen, why are so many Americans think that there economy will grow through new factories? Reviving the rust belt? 9-5 on the line and an honest cup of Joe?
What a ludicrous pile of drivel. America has plenty of places to thrive. Look at your breakdown of GDP. Or an even bigger hint. Look at the 20 richest people in America. They didn’t make their money cranking the world’s best rebar.
You complain about the left. Plenty of whining over there. But also look at the right. A bunch of sickly white ass mini-van driving idiots wishing someone would tell them what to do. The tea party and their band of millionaire backers would drive the US economy into the ground with their disdain for science and thinking.
That’s the US’s biggest strength and they want to want to throw it away on Bible learnin’.
Actually, I changed my mind. Don’t look at the top 20, look at the top 400. Not a lot of manufacturing in the whole crowd.
#68–ECA==you left the hypothetical givens at your first response. What to do when there are no jobs? Is that any more or less a serious hypothetical than suggesting that laid off factory personnel or mid management types or civil engineers without a project should be “required” to go pick fruits and vegetable? Some expectations are worse than being “bored” especially when bending over without a life time of practice will immediately put you into a hospital and we don’t want that “for free” either.
No–technology and curves and lag times may offer the opportunity to rethink Adam Smith–and Calvin as well.
I recall that sci-fi book and movie where the rich were as we all know and love them while the poor, thats you and me, we know as and treated as “furniture.” Full employment though.
We thru out many Heavy corps in the USA, while inflating the Value of metals.
We lost many heavy industries because they WOULDNT/WOULDNT upgrade or find solutions to pollution..
MOST of the tech industry, went over sea, mostly because of pollution problems.
So whats left?
Service industry. Burger king anyone? Customer service jobs, making beds for the rich, cleaning up swimming pools?
60% of the USA make UNDER $10 per hour, and OVER 10% are unemployed..
NOW think hard. How many of this 70%+ can pay their OWN BILLS/RENT/FOOD/Utilities??
If these folks cant PAY what is needed, do you think they can BUY MUCH ELSE, like a NEW TV?
Because THAT is our economy…BUYING STUFF, keeps this country going. Problem..Where is the MONEY? it aint down here!
ECA–so, not addressing the hypothetical at all. Thats ok. Its hard to deal with reality.
USA does still lead the world in various exportable enterprises: food, Hollywood, aeroplanes, weapons, medicine must be some others.
You can’t escape the fact that polluting the environment and poisoning the planet IS CHEAPER. Thats why a real international treaties regarding trade status/inclusion and exclusion from the club really should be enforced. No favorite trade status giving access to loans allowed for countries that compete by pollutions/slavery/prison labor etc.
There are many “things” USA could do to compete but our overlords, the international corporations, would not be served by such activities so it is not even countenanced.
Sheep we are in our race to the bottom.
#73,
lETS SEE.
Imsted of polluting the USA, OUR’ corps just do business in other nations..that do not have the regulatory power. So, insted of polluting the USA, we pollute EVERYWHERE/whole earth.
Lets see.
Insted of using PLASTICS for cases and simple things, I BET I could name off a few alternatives that would work as well, and are NATURAL.
How about using Bamboo..Easy to break down, and design with. Easy/fast to grow.
How about HEMP?
we COULD EVEN GO back in the composites and make glues and Bonds, (like Fiber glass) that are made more naturally.
The start/problem was in the past. the USA does NOT like/use international prices. WE will BUY from other nations for almost nothing, and charge TONS of MONEY to use/make/build with it in the USA.