Tag Archives: good jobs

Mitt Romney wants to ‘trickle down’ all over you and tell you it’s raining

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Taking a break from mocking the president for wanting to retain teachers, cops, and firefighters, Romney talked about his plans for massive financial deregulation and more tax cuts for the wealthy – which, he says, would make America the most attractive place in the world for job creators:

“It’s not just because I love job creators, it’s because I love jobs,” Romney said. “I want more good jobs for the American people and I want such competition for good, hard workers that salaries and wages go up so people make more money. I want to help the middle class of America and I’m going to do it.”

We already know that Mitt wants you to believe that firing even more public sector employees will magically free up a huge number of “good” private sector jobs. In case you weren’t aware, that’s how middle class employment works apparently.  All those teachers, cops, and firefighters — or any public sector worker, really — are somehow hogging all the other jobs that could be created by the kind, gentle wealthy folks in the private sector. They’re holding back the job creators!

So Romney’s ‘vision’ is that the job creators are just waiting for more government workers to be fired. Then, jobs! Of course, they also need bigger tax cuts — and they’ll need some relief from all this ridiculous government regulation. But then, definitely, this’ll be a wonderland for job creators. We’ll have so many good jobs, we’ll be knee deep in jobs. We’ll have jobs coming out of our ears!

Here’s an observation on Romney’s vision from a NY Times editorial this morning:

“There is no meaningful difference between the trickle-down economics of George W. Bush, rejected by the country in 2008, and the plans supported by Mr. Romney and his Republican allies in Congress. All the elements are there, from the slavish devotion to tax cuts for the rich, to a contempt for government regulation, to savage cutbacks in programs for those at the bottom.”

How’d that work out for Bush? “[P]ainfully slow job growth was followed by a recession that shed nine million jobs.” Oh, that’s right.

When there are no good jobs left in America, there will be no middle-class

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From Business Insider: 40 Facts That Prove The Working Class Is Being Systematically Wiped Out. Here are 10 of the 40 facts:

#9 — Only 66.8% of American men had a job last year. That was the lowest level that has ever been recorded in all of U.S. history

#10 — During this economic downturn, employee compensation in the United States has been the lowest that it has been relative to gross domestic product in over 50 years

#11 — The number of “low income jobs” in the U.S. has risen steadily over the past 30 years and they now account for 41% of all jobs in the United States

#14 — The United States has lost a staggering 32% of its manufacturing jobs since the year 2000

#16 — Back in 1970, 25% of all jobs in the United States were manufacturing jobs. Today, only 9% of the jobs in the United States are manufacturing jobs

#22 — The United States has lost an average of 50,000 manufacturing jobs per month since China joined the World Trade Organization in 2001

#25 — Since 2001, over 42,000 manufacturing facilities in the United States have been closed

#26 — There were more manufacturing jobs in the United States in 1950 than there are today

#36 — Today, one out of every four American children is on food stamps

#38 — In the United States today, the richest 1% of all Americans have a greater net worth than the bottom 90% combined

Read all 40 facts…

Here’s some great ideas that have probably helped contribute to this situation:

  • Demonizing and breaking up unions
  • Walmarts everywhere!
  • Financial deregulation
  • Tax cuts for the rich, both state and federal
  • Creating a nation of consumers (with no money to spend)