Okay, we know it's political silly season but sorry I still don't see the reason for the outrage! When there is an addition to the number of jobs added and a subtraction to the unemployment number... how is that a bad thing! And by the way for those not clued in to the "real America", not everyone who falls off of the unemployment rolls is a hard luck story. Many statistics show that some people who were unemployed are now starting their own businesses, in fact I have two friends who have been out of work for over 9 months who teamed up to start their own event planning company about 8 weeks ago and both are doing just fine. But for those who say those 115,000 jobs added mean nothing, again I say, ask those 115,000 people who finally got a job last month just how much it means!
Maybe I'm way too far outside of the so-called beltway, but I still don't get it. How is adding jobs EVER a bad thing? Even if it isn't exactly how many we thought it should be, at least we're not losing jobs. Remember how that felt?
In just over 3 short years, we have come from losing 700,000 jobs per month to gaining over 100,000 jobs per month, I don't care what any overpaid economist says... that's GOOD NEWS! Are we supposed to shrivel up in a corner because some egghead says that we should have 160,000 jobs one month and instead we have 120,000? Oh please! No one will ever convince me that after the worst economic disaster since the Great Depression, any month where we actually ADD jobs is a bad thing. Now, when we start losing jobs, wake me up!
And the stock market? If we have learned nothing else, we have learned that the stock market overreacts to anything. A dead bee on the sidewalk in front of the New York Stock Exchange could send honey futures plummeting while a stray cloud in the sky could send the Weather Channel's stock soaring! So I usually refrain from taking my cue on the state of the economy strictly from how the stock market reacts to anything. (and by the way, if some Republicans have their way, your health care benefits and your Social Security will depend on the life span of that little bee... think about it!)
Bottom line, once again, we had another month of job growth. Yes, it's not as much as we want or need and it's mostly in the private sector, which is where most jobs are created these days since our Republican governors are slashing public sector jobs as quickly as we can say 'partisan politics'! Isn't it funny how no one in the media is asking why over 600,000 jobs in the public sector (mostly government jobs) have been slashed while the private sector is steadily growing? If you think it's a coincidence that Republican governors across the country are slashing jobs in the middle of a recession during a Democratic presidency, you're smoking something really strong... or really good! Anyone who's anyone knows that the jobs number is what everyone is looking at to judge Barack Obama's presidency and if our little GOP minions in various state houses can add to that misery virtually unnoticed by cutting a few thousand jobs here and there, well that's all the better, right? FYI... this is the part where you start asking questions media!
Look, maybe our jobs gauge is not on 'F' where we want it or need it; but it's certainly not on 'E' which is where it was just over 3 years ago! And my friends, that extra little tank of gas (however pricey) is still a reason to celebrate!
Respectfully-
Dee Evans
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 |
|
| Obama | Romney | |
|---|---|---|
| Electoral Votes (270 to win) |
332 | 206 |
| Obama | Romney | |
|---|---|---|
| Total | 65,899,660 | 60,932,152 |
| Percent | 51.1% | 47.2% |
| Democrats* | Republicans | |
|---|---|---|
| Current Senate | 53 | 47 |
| Seats gained or lost | +2 | -2 |
| New Total | 55 | 45 |
| Democrats | Republicans | |
|---|---|---|
| Seats won | 201 | 234 |
That, my dear, is why the economy is slowing down: the constant death by a thousand cuts of government job elimination and spending cuts takes money out of the economy and keeps new demand from being generate, which creates jobs. It's Econ 101, basic economics that won Keynes a Nobel Prize. Today, we're told that "Keynesianism" is some kind of defective cult, like "Communism" but in fact, it's much more solid economic science - proven multiple times including during the Great Depression - than any of the voodoo economics of "trickle down", "supply side", or "Laffer Curve" mumbo-jumbo that is mostly wishful thinking, justification of greed, and gross oversimplification that doesn't work. Keynes showed that with an adequate tax rate, government spending lifts the economy enough to increase tax receipts enough to cancel the increased debt and thensome. Private industry may succeed in getting us out of the Great Recession, but government can do it much, much faster - with little to no long-term debt increase.
Celevrate 100,000 jobs? Go ahead. It slightly slows the rate of financial decline in this country. Very slightly.
The loss of 300,000 plus people from the workforce was bad news. Very bad news. These people won't be paying taxes anytime soon, if ever.
And by the way, those two friends that started their own business are now employed. They were not removed from the workforce.
Retired people pay considerably less in taxes on average than working people.
What false premise? These are facts.
One of the silliest comments I have ever read.
1. leading a government and leading a business are related as much as fish and bicycles are related.
2. I suppose you think Mitt Romney who makes 21 million a year off of his "investments" and has no job is middle class.
Whether you think it is racial or politics the fact that this President has been hobbled is undeniable.
History is also undeniable, during the Great Depression FDR was making progress at ending the mess he was left with and Republicans stepped in to reverse his policies which caused a deeper Depression and lengthened the recovery we see the very same principles at work today. WWII ultimately ended the great depression... and it was a GIANT Government stimulus. something we are missing now.
Those on the right who keep the lies going that we had a "failed stimulus" ignore the facts.
We need to add at least 160 to 165K jobs per month just to stay even.
The only reason the unmployment number is going down now is because people are running you of unemployment benifits and or just giving up looking.
Recovery from what? 8 years of Bush economic policies that Romney wants to go back to.
So you're upset that Obama isn't cleaning up Bush's mess fast enough.
Boo-hoo.
What bothers me about the neocons is that they haven't tried to help people at all...as you said, they're laying off state workers. Their only priority is to see Obama become a "one term president", regardless of how many people suffer from their lack of cooperation and gridlock. Poor people just don't matter to them, but there are more poor people than rich, and I hope that they remember who did the laying off in November.
I wonder how President Obama is doing with retaining Federal workers...I thought that a lot of them were laid off, too...which I feel is a wrong move, since during a recession, when the private sector isn't hiring, the government should be the "employer of last resort".
I never had children, but still had to pay my share for the schools, and my taxes are 20% of my total income. I never minded the kids getting the stuff that I never got in school, but I really resented the waste, since I'm not wealthy myself and had to struggle to make ends meet...so I was always at grievance day every year trying to get the taxes reduced.
After the crash, the schools cut back on the waste, which they should have done years ago...when the money was really rolling in, and they didn't know how to throw it out! When you lose your income and can't pay your taxes, the town will sell your house in a tax sale after three years. I was lucky, because I was three years behind on my taxes before I got my income back...and it took me over a year to pay the taxes, plus interest and penalties off.
So far, we haven't heard one squeak from him about any plans that he has for the economy, which means that he doesn't have any...only the same old, failed "trickle down" policies that the neocons have been using since 1980, which made them, and their cronies in big business and big finance rich.
I'm sure big business wouldn't mind if the minimum wage became $1...they wouldn't have to go overseas for cheap labor. That, along with deregulation, would have most of the American workforce sneaking over the border into Mexico!
working. The lowest level since 1981! The fact that private jobs are
increasing is a good thing but the total working is bad, really bad.
Beware, unfounded conspiracies can be dangerous.