Thursday, September 08, 2011

Why start the rhetoric if Cantor hasn't read the bill? He is setting the stage for more legislative failure and not success.

Tonight Eric Cantor started setting up the resistance to the "American Jobs Act."

He states, "Look, I haven't read the bill yet, but, it sounds like the Small Business Tax Cuts is something we can embrace.  But, we are the House Majority and  if Obama is going to just say "Pass the Bill" and threaten to take his message to every corner of the nation, that is not going to get it done."

What the Republicans say and what they do are two different things. A few days ago both the House Majority Speaker Boehner and Majority Whip Cantor made statements they were seeking to cooperate with a jobs initiative.  Now, it's not important at least for Cantor.

The Republicans will 'cherry pick' what they like and dam the rest of it.  That is not Bi-Partisan and it will be.  The House Republicans are not full partners in solving the nation's jobs issue.  They are interested in their crony politics and nothing more.  

I strongly suggest the Republicans go back to their corner and rethink their commitment to making the Middle Class in the USA stronger while creating opportunity for Small Local Business than.  By supplying the Middle Class with tax breaks while providing greater opportunity to Small Local Businesses, the two act together to provide support for job growth that will then sustain itself.  

Republicans cannot see the beauty in that?  

Bill O'Reilly made a fool of himself tonight by trying to say President Obama was raising Capital Gains Tax while his guests stated they didn't hear that in his speech and if he did so what?  Then he uses Jay Carey as a target for anger without a reasonable conversation.  Jay should not bother in the future.  If the Obama Administration can't be treated with respect then they should not allow themselves to media icons for unilateral ridicule.

The Right Wing Media sincerely should be ashamed of themselves and start over again on what is best for the country.

Thank you, President Obama.

The American Jobs Act = Strong Middle Class

Thank you, so much.

Before the USA expects miracles from President Obama on job creation, look at what he inherited.

·         JANUARY 9, 2009, 1:02 PM ET
Economists React: ‘Scary’ Employment Report (click title to entry - thank you)

By WSJ Staff

Economists and others weigh in on the jump in the unemployment rate and the continuing job losses.
The economy is on such a steep downhill; it is scary. There is no indication that the job situation would stabilize anytime soon. This could turn out to be one of the worst economic setbacks since the Great Depression.  The true unemployment rate is higher than the 7.2% reported today. Thinking that there are no jobs to be had, discouraged workers are dropping out of the labor force. Many people are working part-time even though they prefer a full-time job. The effective unemployment rate including the discouraged and the part-timers for economic reasons is 13.5% compared to 8.8% a year ago. The higher jobless rate is feeding upon itself and will exceed 9% during the first half of 2010.... –Sung Won Sohn, Smith School of Business and Economics

Last night in the GOP debate Governor Perry admitted to have created 'low paying jobs' BUT, he stated, "They were above MINIMUM WAGE."  Yep.

·         JANUARY 9, 2009, 12:04 PM ET

By WSJ Staff

President George W. Bush entered office in 2001 just as a recession was starting, and is preparing to leave in the middle of a long one. That’s almost 22 months of recession during his 96 months in office.
His job-creation record won’t look much better. The Bush administration created about three million jobs (net) over its eight years, a fraction of the 23 million jobs created under PresidentBill Clinton‘s administration and only slightly better than President George H.W. Bush did in his four years in office.
Here’s a look at job creation under each president since the Labor Department started keeping payroll records in 1939. The counts are based on total payrolls between the start of the month the president took office (using the final payroll count for the end of the prior December) and his final December in office.
Because the size of the economy and labor force varies, we also calculate in percentage terms how much the total payroll count expanded under each president. The current President Bush, once taking account how long he’s been in office, shows the worst track record for job creation since the government began keeping records. –Sudeep Reddy

The interesting statistic that Republicans are clamoring about is illustrated in the table below.  If President Obama started out with a vibrant economy, I'd say they might have something, but, considering the negative numbers were inherited from two previous years, that is quite a stretch.

The problem with Republicans bragging about their unemployment rates, is that there is NO QUALITY OF LIFE FOR that accompanies employment with their bragging rights.
To begin with wages are required by laws to be above minimum wage.  I don't consider production of jobs that pay above minimum wage a huge accomplishment for any governor.

The unemployment rate in January 2008 was 4.9 and in December 2008 was 7.2.

President Obama was elected.  

The unemployment rate in January 2009 was 7.6 and in December 2009 was 10.0.

The unemployment rate in January 2010 was 9.7 and in December 2010 was 9.4 .

Republicans took the US House Majority.

The unemployment rate in January 2011 was 9.0 and in August 2011 it is 9.0.

While the job growth is not extraordinary it certainly didn't stagnant completely until a hostile US House was taken by a Republican Majority.  That greatest 'stagnation' in the unemployment rate occurred in the months from January 2011 through August 2011.  The GOP doesn't want to admit there has been improvement in the job growth in the private sector under this President and the unemployment rates would be much lower had there not been such drastic contraction in the public employment sector in the country.  

President Obama is creating jobs, it is just that economic contraction has reached the public sector with draconian agenda's by many Republican Governors and a very lethargic Republican US House.

How is it that jobs in natural resources, namely oil and gas, in Texas pay so poorly?.

Dick Cheney - Go Fuck Yourself (Family Guy)

Now, what was that Hoffa said? Go get 'em Jimmy and give one for me.