(Cartoon) The wealthy and job creation: it’s bound to happen someday!

Jobs: Real World vs. Republican Fantasy World

The Republican Teaparty job creation plan: MORE SNAKES!

Yesterday, taking their anti-regulatory zeal to absurd new heights, House Republicans claimed that a proposed rule from the Interior Department that would “designate the Burmese python and eight other snake species as ‘injurious’” — therefore “make it illegal to import them or transport them across state lines” — is a threat to job creation. They even brought a snake breeder to testify before the House Oversight and Government Reform Committee, who said that the rule could “devastate a small but thriving sector of the economy.”

Source: Think Progress

So, turns out, America’s unemployment problems and growing income inequality isn’t caused by numerous issues like deindustrialization, or giving tax cuts to the wealthiest (who hoard the extra money), or union-busting, or spending our federal dollars on wars in the middle east… No! It’s all because of regulations that bar people from transporting injurious and poisonous snakes into the U.S.  And, further, those regulations are “devastating” to the economy.

It’s conceivable that these Congressional teapartyers may feel some kinship with snakes, but this “issue” is a completely unserious and irresponsible use of their workday, our precious tax dollars, and was obviously staged as a big “fuck you” to the serious problems we face.

I will just remind the Republican Teaparty base that it’s YOUR politicians who are screwing around in Congress with college-level stunts like deregulating snakes and they have better retirement and health benefits than federal employees, earn $174,000 annually, get a $3,000 annual tax deduction for living expenses while in Washington, have a three-day work week, get to jet back home on the weekends, and enjoy recesses that last up to to a month. It’s great work if you can get it!

Nice job on your 2010 selections, teaparty voters.

“Job creation” in 21st century America

The ‘building’ of parking lots. More tax cuts for the wealthy, please!

I thought this was interesting. What surface parking lots did to Cleaveland’s warehouse district (which is a nationally recognized historic district, oops). 1960s vs today. Shit like this needs to stop but you still see it happening even today in cities around the country. What a sad waste.

drawingnothing: I thought this was interesting. What surface parking lots did to Cleveland’s warehouse district (which is a nationally recognized historic district, oops).

1960s vs today.

source: RustWire

Related:

19 Facts About The Deindustrialization Of America: As you read these 19 items below, think about the attack on labor unions, the shrinking middle-class, continuing the tax cuts for the wealthy — and the information at the bottom. The United States has lost approximately 42,400 factories since 2001 … Continue reading →

Rick Perry’s job creation: the ‘miracle’ that’s really an illusion

Perry Tales: Rick Is Not Who He Says He Is

Even more damning, Perry’s Texas is not creating nearly enough jobs to keep up with its fast-growing population. Those 1.2 million new positions are 629,000 short of the jobs needed just to bring the state’s employment level back up to where it was in 2007. Some miracle.

Worse, probe even a millimeter into the million-jobs number that he is sprinkling around like fairy dust, and you’ll learn that Perry’s jobs are mostly “jobettes” that can’t sustain a family. They come with very low pay, no health care or, and no employment security, labor rights or upward mobility — many are only part-time and/or temporary positions.

Here’s a particularly revealing stat that the Perry pixies don’t want us to see: On his watch as governor, Texas added more minimum wage jobs than all the other 49 states combined. More than half a million Texans now work for $7.25 an hour or less. He can brag that he’s brought Texans down into a tie with Mississippi for the highest percentage of workers reduced to poverty pay.

Spreading even more fairy dust, Perry claims that his Texas Miracle is the result of him keeping the government out of the private sector’s way. But peek behind that ideological curtain, and you’ll find this startling fact: During Perry’s decade, the greatest job growth by far has come from the public sector, which has more than doubled the number of new jobs created by the private sector.

One out of six employed Texans are now teachers, police officers, highway engineers, military personnel or other government workers — and many of these jobs were created with the federal money that Perry-the-candidate now loudly denounces. Indeed, he’s running around ranting about President Obama’s stimulus program, but he gladly accepted the third highest amount of stimulus funds taken by the 50 states. There’s his miracle.

That’s the kind of “job creation” Perry wants to share with the entire country.

And this is the kind of experience / planning / budgeting he wants to share with all of us:


Source: steviemcfly

Republicans don’t really want shared sacrifice if “shared” includes rich people

Holy Fuck. This is Sparta. Wow.

At best, Republicans say they’re willing to look at new Dem-proposed revenue sources…but only if they can give that money right back to stakeholders in the form of additional tax cuts.

[...] So rigid are Republicans on this score that Senate Democrats plan to force a symbolic vote Thursday, asking whether wealthier Americans should have to contribute to deficit reduction at all, in any way.

[...] “Millionaires can contribute to deficit reduction by spending part of their millions,” said Sen. John McCain (R-AZ)

[...] “Create jobs, hire more people that pay more taxes, grow the economy, stay in America, don’t leave, hire people — that’s how millionaires can help, is create more workers, and if you raise taxes you’re gonna make it harder to keep the job you got,” explained Sen. Lindsey Graham (R-SC).

Ha ha! McCain and Graham have adorable ideas and plans! Because millionaires have used their massive earnings and extra income from tax cuts since 1980 to do just that, haven’t they? SO MANY JOBS. And all these spending cuts the Republicans want will certainly create so many more jobs, won’t they? America will be drowning in jobs if Republicans get their way! 

[...] Mitch McConnell (R-KY) was unable to identify a single specific concession he’d ask of wealthy people. “Everybody’s going to have to contribute to it in one way or another,” he said. “We have a debt as big as our economy. We look a lot like Greece already. And it’s going to have to have broad impact on every aspect of our society in order to get this problem under control.”

I hope those teabaggers who are riding around on their government-paid electric scooters are really listening to what their chosen leaders are saying and are aware of these facts:

“The top 1 percent now gets almost a quarter of the nation’s total income — a larger share than at any time since the 1920s. The top 1 percent have also received about 40 percent of the benefits of the Bush tax cuts.” — Robert Reich

“Average income went from that $30,941 in 1980 to $31,244 in 2008. Think about that: the average income of Americans increased just $303 dollars in 28 years. That’s wage repression.” — Bill Moyers

Related:

http://files.sharenator.com/this_is_sparta_RE_This_is_why_you_have_to_pay_attention_to_warning_signs-s373x411-14709-580.jpg

GOP Candidate Mittens vs. Governor Mittens

Barack Obama has failed America” – Mitt Romney

YET Massachusetts, which Romney governed from 2003-2007, ranked 47th among the 50 states in job creation numbers during his tenure.

How supply-side economics ACTUALLY works


source

Related:

Where are the jobs? U.S. corporations are hoarding cash, giving themselves massive paychecks

Maybe NOW you will understand why the Teaparty Republicans argue that these guys need even more tax cuts — and how that would help balance the budget and create jobs? Hmm?

The AFL-CIO reports:

According to the Federal Reserve, U.S. corporations held a record $1.93 trillion in cash on their balance sheets in 2010. But they are not investing to expand their companies, grow the real economy or create good middle-class jobs. Corporate CEOs are literally hoarding their company’s cash—except when it comes to their own paychecks.

In 2010, Standard & Poor’s 500 Index company CEOs received, on average, $11.4 million in total compensation.[1] Based on 299 companies’ most recent pay data for 2010, their combined total CEO pay of $3.4 billion could support 102,325 median workers’ jobs.[2]

Fortunately, the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act contains new tools to help limit runaway CEO pay.  Shareholders now have a “say-on-pay” vote on executive compensation, and companies must disclose the ratio of CEO-to-worker pay at each company.

Tax breaks to the wealthy will never create jobs

Exactly!

I’m no economist, but… It seems that the sole reason for a business to hire is because of demand for the product or service that business provides. If you own a widget factory, how does a tax cut on your widget profits spur job creation when nobody is buying widgets to begin with? Wouldn’t it be better to put more money in the hands of widget consumers? Maybe some incentives for widget usage?

At my job, when the boss gets a tax break, he doesn’t say “Oh! Now I can give my employees a bonus or a raise! Or hire someone to stand around, just to help them out with a job”; he says “Honey, let’s go to Paris for 10 days, and take the kids!”

DivineIrony

And then let’s talk about the deindustrialization of America’s widget factories…

Teaparty Republicans please note: arguing that Obama was president in 2008 is deeply stupid

From Benen’s post:

Rep. Tom Graves (R) of Georgia appeared on MSNBC the other day, and… [g]iven the tax cuts the GOP still believes are critical to reducing unemployment, Contessa Brewer asked a good question, “How come we haven’t seen massive job growth?” Graves responded, “Well, what we’ve seen is massive job loss that began in about 2008, and I believe that was under Barack Obama.”  Continue reading…

Except for that whole presidential campaign in 2008, which Obama did win. But Obama wasn’t technically president until THE INAUGURATION IN 2009, FFS!!

Blame fail.

job_losses_before_and_after_obama%27s_policies.png

Obama is creating more jobs than the GOP

To be fair, the Republicans are kinda busy with trying to create more wealth for the wealthy.

Via PoliticsUSA:

As the Republicans are focusing all their efforts to privatize Medicare and eliminate Medicaid, President Obama and Secretary Ray Lahood of the Department of Transportation will be creating American jobs. The Obama administration has announced that there is over $2 billion dollars available for high speed rail.

Unfortunately for those who happen to live in states currently controlled by ideological Republicans,like Rick Scott in Florida you will not be seeing this money or benefiting from the jobs it produces.

Not only will these projects put Americans to work building them, the suppliers for the material will benefit, due to a “Buy America requirement” mandated by the Depart of Transportation and the Obama Administration.

Chuck Schumer proposes ending tax cuts to millionaires only — the GOP says, “No way.”

“All animals are equal but some animals are more equal than others.” — George Orwell, Animal Farm, 1946

Republicans from across the conservative spectrum are swatting down a proposal from Democrat Chuck Schumer to resolve the tax cut dispute by ending tax cuts to millionaires only.

“The answer is no,” said Sen. John Thune (R-SC) — the fourth ranking Republican in the Senate — on Fox News last night. “What you want to do if you believe the best ways to grow jobs and to grow the economy in this country is to keep taxes low and to allow small businesses…to get out and do that, then the worst thing you can do is raise taxes on them, which, if you raise them on those higher-income levels is what happens.

[...] In any case, if it was Schumer’s goal to get Republicans on the record defending tax breaks for millionaires, he got his way.

Read more: Republicans Defend Continued Tax Breaks For Millionaires

Republicans continue this fictional argument that ending tax cuts to millionaires will hurt “job creation” and “small businesses.” Yeah,  I can see how we’d miss ALL THOSE JOBS the top income earners have created for us over the past 9 years. And, sorry, but only about 2% of small business owners would see tax increases if Bush’s tax cuts were to expire.

Also, here’s where the GOP lines up when it comes to the middle class:  GOP’s Top Tax Guy: Republicans Will Block Permanent Middle-Class Tax Cut.

As Bill Maher said about all the non-millionaires who voted for Republicans in the last election: “People are struggling all over this country and they came out and voted for the party that says right out front that they will suspend your unemployment benefits and repeal healthcare. To go against your self-interest more, you’d have to literally go fuck yourself.”
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Businesses and tax cuts do not “create” jobs. Customer demand creates jobs.

The following argument runs counter to everything the GOP and Fox News would have Americans believe, yet the logic of it can’t be easily ignored:

“Businesses do not create jobs. In fact, the way our economy is structured the incentive is for businesses to get rid of as many jobs as they can.

Demand Creates Jobs

A job is created when demand for goods or services is greater than the existing ability to provide them. When there is a demand, people will see the need and fill it. Either someone will start filling the demand alone, or form a new business to fill it or an existing provider of the good or service will add employees as needed. (Actually a job can be created by a business, a government, a non-profit organization or just a person doing the job, depending on the nature of the good or service that is required.)

So a demand creates a job. A person who sees that houses on a block need their lawns mowed might go door to door and say they will mow the lawn for $10. When houses start saying “Yes, I need my lawn mowed” a job has been created!

Demand also creates businesses. The person who is filling demand by mowing lawns for people might after a while have a regular circuit of houses that want their lawns mowed every week, and will buy a truck and a new mower and hire someone to help. A business is born!

[...] Government To The Rescue

This is where government comes in. Government is We, the People, working for that larger societal interest. In our current system — when it works — we use government to come up with ways to balance the effects of the profit motive — which pushes for fewer jobs at lower pay — with our larger need for more jobs at higher pay for us, and for the good of all the businesses. We, through our government, create and regulate the “playing field” on which businesses operate. We set minimum wages, limits on working hours, worker safety rules and other rules designed to keep that balance between profit incentive and demand, and that playing field level…”

READ MORE: Businesses Do Not Create Jobs

Some insist that increasing taxes on the wealthy would hurt job creation…

AZspot:

“Some insist that increasing taxes on the wealthy would hurt job creation in this economy, but that ignores the simple reality that the Bush cuts didn’t do a thing to help the economy the past several years. George Bush left office in 2009 with the number of working Americans essentially the same as it was when he took over in 2001 — roughly 137 million — and the economy in a shambles. During Bill Clinton’s eight years the tax rate on the top income bracket was increased, but millions more people went to work. By the end of his second term, the budget deficit had been essentially eliminated.”

- There’s class war, and rich are winning