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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. In response to shifting job market conditions, some freelancers also explore platforms like an upwork alternative no connects to find more flexible opportunities.
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
Har! You picked a clown as spooky as Adam Curry for the anti-government rant.
Unemployment is encouraged to counter inflation. Gee, it must be working.
Too fracking funny.
90% of statistics are statistically inaccurate. The other 10% are statistically made up.
Don’t follow the second part:
“In fact, as demonstrated below, the government’s actions have directly contributed to the rising tide of unemployment.”
What do you mean “directly contributed”? US Government is only “a” factor into the current job market. The bigger picture is called “globalization”. Heck, China is using its foreign exchange power to force Japan shut its mouth on the disputed island. Don’t look at the economy from the domestic point of view. That’s too simple, people.
Spin the numbers anyway you want Uncle Dave.
Bottom line we are looking at 10% unemployment with an additional 8% who have given up even looking for the longest period since the Great Depression.
Throw the bums out!
The GOP employs hundreds re-fabricate positive economic FACTS into negative NEWS for the sheeple.
The LAST thing the GOP or their fringe TeaBaggers want is to give sheeple a sense of hope too close to the elections.
Dalla, that is a rather weak. You can’t argue with the basic unemployment facts.
The Dumbocrats are going to pay in November and again in 2012.
Since Uncle Dave loves graphs so much, let’s hear his spin over this one.
http://bit.ly/aSfOnv
If Obama does not change his policies, we are looking at March 2020 for the recovery. Ever tried to face unemployment for a decade, Uncle Dave?
#5
Throwing the dems out will do nothing. They are plutocrats.
The republicans are also plutocrats. So new bums will take their place.
Ths will not end until we scrap the current government model period and start over.
We need a new constitution a new republic.
Anything less will only continue the pain the middle and lower classes suffer from now.
Cursor_
Cursor – so you don’t like being governed by the wealthy?
OK.
You want to be governed by the poor?
The only event that brought the US out of the last depression/recession was World War II. The economic
focus has shifted away from the US and possibly will never return. Neither Dems or Rep or Tea pissers will have any effect. This present world IS the world of the near future (10-30 years). I hope that neither of the 3 political parties will do too much damage in their futile attempts to *do something* or *do nothing*. If you actually planned for this future you will be fine. Not accepting it is a fools game. It will defiantly not return to *the good ol’e days*.
There’s little sense in ‘throwing the bums out’ if there is no coherent plan in place which centers it’s policy on employing Americans and dealing directly with infrastructure projects. Anything else is a waste of the planet’s resources. This is why some are predicting no pickup in employments numbers until 2020; the obvious answers are in our own back yard but investment fobs can’t look at anything but China. Fools.
>> JMJahn said, on October 10th, 2010 at 7:09 am
>> The only event that brought the US out of the last depression/recession was World War II.
Nonsense.
The big government war mongers claim that all the time but it’s total fiction.
While it’s true that war is a source of big government jobs fueled by deficit spending, it’s not the only source.
Peacetime, productive big government jobs would have gotten us out of the Depression too.
Dollar-for-dollar, the WPA was a much better way to get us out of the Depression because it created things of lasting value instead of crap that blows up.
I was just in a WPA project this weekend — Timberline Lodge on Mt. Hood. Not only did it create thousands of jobs when it was built (by big government). It has created MILLIONS of dollars of revenue since then and still does every year.
Compare this to the stuff that war creates — which is often gone after the first use!
As I type this computer, I am using energy created by the Bonneville Power Authority — another big government depression ear project. It created untold thousands of jobs when it was built in the 30s and has remained a valuable part of the economic infrastructure.
Compare this to a battle ship or aircraft carrier built for WWII — all gone.
America WOULD BE SO MUCH BETTER OFF if we had spend the WWII billions on peace time infrastructure. But the conservatives never would have allowed that.
And that’s where the core of the conflict exists: both liberals and conservatives love big government and understand that only big government can get us out of a Depression. But conservatives only love big government that blows stuff up.
Uncle Dave: “On the one hand, it’s clear that government (ie, Obama) has stimulated private sector job growth:”
I think it more likely that any private sector job growth is in spite of Obama. not because of him.
Dallas, Pedro: This meme of “sheeple” you use so frequently, does it come from Limbaugh or Beck or maybe Jones? Don’t you realize that, ironically, your constant and annoying use of someone else’s phrase really kind of makes you sheeple yourselves.
Just saying.
# 7 jbenson2 – “The Dumbocrats are going to pay in November and again in 2012.”
For some reason, I’m reminded of the words of Will Rogers: I am not a member of any organized political party. I am a Democrat.
Maybe, but I don’t want to speak German, Japanese, or Italian. And there would still be a lot of air pollution over the world, what with all those ovens running.
Sorry US dudes, those jobs are gone. Get over it.
It’s going to take a long time to get out the mess you’re in. The Democrats did it to you by being gutless cowards. The Republicans did it to you by a massive redistribution of wealth and pirate wars. Business and banking did it to you by creating a consumer culture and then profiting from it.
New jobs will eventually be created but it will take years and years. Move out of the burbs and buy something small near a subway station. When the jobs eventually return it won’t be the ones you had so you better start learning now.
But the first thing you all have to do is quit blaming the other guy for your problems. You did this to yourself.
What is it going to take for Americans to realize we can’t vote our way out of this mess?
Eat the rich! ( anybody with a job )
#21
You’d have to reduce labor costs significantly to become a “powerhouse of manufacturing”. Americans won’t buy their own goods because they’re too expensive. Your standard of living is too high for what you produce. You would need a less educated, lowly paid workforce under the current rules.
Going down that road means praying for an increase in energy costs to make the cost of transporting goods less desirable.
Yes, US corporate tax rates are high due to health care costs (public and private). You have to get that under control before you can think of ever being competitive again. And don’t go blaming the left on that one, both public and private health care systems in the US are horrendously expensive. One is just as bad as the other.
The big mistake was the $800 Billion “stimulus” package. Much of the money hasn’t been spent (it’s allocated for projects which haven’t begun yet). A lot of it was simply given to states, allowing them to avoid laying off state employees.
The smart move would have been to lay off the state (and federal) employees early, which would have saved a ton of money (paying UI is cheaper than paying a state salary). And then Democrats would have avoided the embarrassing problem of laying off government employees 1 month before an election.
Whatever you all might debate over fiscal policies the root problem is still being avoided/missed. Automation and other modern advances in material production have left us with a workforce demand which is either contracting or growing much slower than the population. Every job we lost could come back, but our unemployment problem will continue to grow because we have too many people, and the unemployables are the fastest growing.
I’m in no way a fan of the Republican party (or Democrats, for that matter) but I think the claim about the number of jobs created is specious. When the economy is clipping along with low unemployment, new job growth, quite understandably, won’t be anywhere near the same level. I don’t think it’s accurate to compare a cycle of massive correction (recovery from a bad recession) to one where no correction is necessary.
#20
Bet Pelosi, Reid, Frank, Dodd, Watters, Obama, etc., all experienced major increase in personal wealth.
And so too all the republicans.
They are not all plutocrats for nothing!
#21
USA could easily become a powerhouse in Manufacturing.
Manufacturing what????
China and other nations do it cheaper because they do not pay hardly anything or nothing at all.
Our day as an industrial giant is as over as the Brits day.
End excessive Government regulation and punitive taxation, especially the income tax.
Government regulation and taxation was MUCH higher in the 50s yet we had an economic boom.
So that’s not the answer either.
Your arguments were squashed in the 19th century. Please travel here to the present.
#22
Precisely! We cannot use the present system it is broken.
New system for a new way.
Cursor_
“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.”
Once again, Dave demonstrates his inability to understand a chart.
Dave, the chart only covered the last year of Bush’s presidency, during a time when gas prices were approaching $5/gallon, congressional power was solely in the hands of Democrats, and campaign hyperbole was in overdrive. Nobody — absolutely nobody — gave a tinker’s damn what Bush thought or said.
A few things over the past have CURVED us into this.
1. USA National pricing of products OVER international. Companies in the USA market, over priced goods to ALL USA persons.. WE even inflate EXPORTS, and then raise National prices. No other nation does that.
2. the pollution scares in the past. have CUT production in the USA…They DONT want to deal with all the regulations and contaminants. So..we send the jobs to others, that DONT have those regulations. Which can drop prices by 1/2(easily).
3. Taxes. Why would a corp reside in the USA, over being CLOSER to where they are made? All they need is a representative in the USA to get distribution going. The Profits made in the USA would go 5-10 times farther, if the corp was based in another country. Ask the heavy machine corps that went over seas. IS IT, that those nations TAX 30%+ and have no DEDUCTIONS?
4. Health care? WELL, that is a concern, but in MOST of those over sea nations.. ITS MOSTLY FREE. WE even send doctors to other countries to Give FREE services.
5. There are a few things in the background you DONT SEE. restricted markets. There are products out there that have been RESTRICTED in HOW they work, or even from coming to the USA/Europe.
Globally.
Shipping our Manufacturing and other building to other countries IS CHEAPER, CRATES WORK in other nations, HELPS others feed themselves..
But this only works IF’ there is someone in the USA who can AFFORD to buy those goods.
The problem is–Where did the work GO, in the USA. Understand that 1 JOB, creates enough GOODS for 10-100-1000 OTHER people. THAT is TECH.
TO A POINT, the only things left, are the BASICS. FOOD is one of them. THE USA has Pushed Food growth and modification, to the POINT that farmers from 100 years ago, would be CONFUSED. We grow 3-10 TIMES as much per acre, then the old farmers did. WE supply about 30% of the worlds FOOD.
#30 cont.ed
The Food market is TOTALLY at a point that they dont NEED that many people..90% is mechanized.
This is a market where you can say that 1 WORKER feeds 100,000..
But here is the Guff.
For What PUSHED the major Corps to send jobs OUT of the USA. regulations/inspections/anti pollution/control… OVER 1/2 the foods grown in the USA are MODIFIED. But, what are the long term affects?
# 30 ECA said, “in MOST of those over sea nations.. ITS MOSTLY FREE. WE even send doctors to other countries to Give FREE services.”
In addition to your random capitalization, this is a very stupid comment. Heath care is never free even when the patient pays nothing.
Do you think those doctors and nurses and lab techs don’t need a salary? And I am one of those doctors that is sent overseas. No, I don’t charge the patients and while I don’t earn the kind of money I did before I started this work, I still get paid. And I guarantee you medical supplies, equipment and medicines – even when used to provide “free” services – have to be paid for by someone.
I think it’s kind of funny that YOUR taxes are helping ME to provide “free” CARE.
#14
You may want it to be true that government spending would have saved us from the Great Depression but you are simply wrong. At the end of eight years of massive government spending, unemployment was still higher than it is now. WWII, and the drafting of half the country’s population, is what got us out of the Great Depression. The vast majority of economists, especially Keynesians, agree on this not just “war mongers.” Let’s also not forget that the standard of living did drop during WWII so it is not like government spending was all that great for those at home. Rationing anyone? The evidence shows that even with government spending we were still in 17+% unemployment going into 1940.
Using government spending to get out a recession is taking money out of the economy and redistributing it back at pennies on the dollar. It is robbing Peter to pay Paul and it does so in an inefficient manner in comparison to the market. As if that isn’t bad enough, there is the problem of paying for this spending.
Timberline Lodge on Mt. Hood
A prime example of why Obama’s stimulus will not work; trying to play the same trick twice. Those projects are done. The highways are built; the power plants are built. Repairs on these types of projects simply will not generate the quantity nor the quality of jobs needed nor for the duration needed.
America WOULD BE SO MUCH BETTER OFF if we had spend the WWII billions on peace time infrastructure. But the conservatives never would have allowed that.
I’m sure the British and French love that point of view. Ironically, this is the sentiment of a 1940’s Republicans. It was the Republicans that pushed hard against getting involved in the European war and they might have succeeded were it not for the Japanese. There is no question that the world would be a very different place had that happened.
#32..
thank you for agreeing.
AND how much less would you be making in the USA offering a free clinic?
Free and Fed Funded Clinics USED to be all over this country.
Everybody’s arguing ideology in this thread.
How about everyone dropping their ideologies, and instead spend your time creating (metaphorically speaking) a rising tide that floats all boats? We need to use our business and labor skills to figure out how to bring this country back to an economy that is closer to normal.
Hint: people that are working can spend and save money, which in turn lets other people spend and save money. Maybe WPA wasn’t such a bad idea after all…at least for a while.