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Obama's Priority Is "Equality", Not Jobs
Article Source: RealClearPolitics- Enjoy this article? Help vote it up the 'Vine.
- Public Discussion (36)
Krugman's analysis of the Reagan recovery -- a deep recession equals sharp recovery -- tells us that the economy should be storming ahead, especially given Obama's enlightened leadership. But in the seven quarters following the end of this recession, gross domestic product growth has averaged 2.8 percent. In the seven quarters following the Reagan recession, GDP growth averaged 7.1 percent.
Forecasters are now lowering expectations for economic growth. Ominously, "core inflation," which excludes "volatile" categories of food and fuel, is up. Unemployment, after dipping below 9 percent, is now back to 9.1 percent.
So how does the left explain this?
- 3 votes
#1 - Sat Jul 2, 2011 5:47 AM EDT
I believe in equality.
All brand new burger flippers from McDonalds are equal in status and thus the minimum wage that the job calls for.
You want something more than minimum wage then you'll have to do something more to earn it. The more heavily saturated a job field is the less pay you will earn. Yet, these simple concepts are lost on the liberal left. The more people that can do your job the less pay you will get. If there is only one person that can do the job you are doing (or the people in charge of hiring you feels that way) the more money you can command.
It's not about how hard you can work... it's about how smart you are at doing that job.
- 5 votes
Jason #1.1
You are a good American. Clearly, you had stated your belief and values, that embrrace the “equality of opportunity” while the left believes in “equality of outcomes”. Equality of opportunity is where everyone gets the opportunity to better their lot in life, whether they do so or not. Equality of outcomes refers to the re-distribution of wealth (if you work too hard and do well for yourself your money will be forcibly taken and given to those who don’t work very hard). You are clearly of the former and not the latter.
The French Revolution is not the American Revolution. The French Revolution said Liberty, Fraternity, Equality. The American Revolution said Life, Liberty, and the Pursuit of Happiness.
We celebrate our Indepedece Day on July 4, and not July 14, Bastille Day.
Happy 4th!
- 2 votes
Yeah, I'm pretty much vocal about what I believe. This recession isn't bad enough yet. When a person get's hungry enough they stop worrying what others have and start worrying about themselves.
- 1 vote
Jason 1.4,
Please continue to be vocal of your belief. They are good beliefs and ought to be repeated.
In closing, Reagan in his 1981 budget message: "The motivation and incentive of our people—to supply new goods and services and earn additional income for their families—are the most precious resources of our nation's economy. The goal of this administration is to nurture the strength and vitality of the American people."
Hardly the goal of the current administration, unfortunately.
Happy 4th!
The goal of the leftist is social justice -- using government to close the gap between the have and the have-nots, to secure the "right" to health care. Obama's policies are therefore an acceptable trade-off even though they kill jobs -- as long as it's somebody else's job that gets killed.
- 4 votes
#2 - Sat Jul 2, 2011 5:55 AM EDTJIMI,please tell the millions of hard working american's exactly what you mean.Im confused,do you mean because the D's have the whitehouse,and the R's have the house everything is okay,maybe a real leader is in store seeing we have'nt had one for the last 10 years or so,so please do tell.
- 3 votes
#3 - Sat Jul 2, 2011 6:51 AM EDTdean #3,
While you are raising great questions, and making great comments, I would like to add to the series of question:
- What does obama want us to "hope" for in terms of "change" in view of an economy where 14 million Americans are jobless. By any standard, our economy has remained mostly dismal for well over two years. Deficits, joblessness, fuel prices, average GDP growth, and housing are far worse than the average during the eight years of Bush’s presidency.
- 4 votes
Only the over the edge wing nut crowd who have no understanding of equality, democracy, or how we lost the jobs we had would give any credence to Elder's twisted logic.
- 5 votes
Ron #3,2,
Only the over the edge wing nut crowd who have no understanding of equality, democracy, or how we lost the jobs we had would give any credence to Elder's twisted logic.
After your two-minute, one sentence "hate" purge, consider this:
George Will, "Burnng downthe House" [1]
The Washington Post http://www.washingtonpost.com/opinions/burning-down-the-house/2011/06/30/AGeRSGuH_story.html
- 1 vote
Good gawd chouchou, you post an opinion piece by George Will as a rebuttal! An opinion piece that tries to tie credit default swaps and collateralized debt obligations to Fannie Mae and Democrats! Credit default swaps came into being as a result of a late night amendment by Phil Gramm to the Enron bill. Amazing how the right wing will lie and twist facts to fit their chosen narrative!!!
Will is right in that it was the trading of those 'manufactured' instruments was what caused the "house to burn" but they in no way can be tied to Democrats and Fannie Mae other than Fannie Mae also got stuck with some of those instruments late in the game.
Anyone who looks carefully (and ignores the rhetoric of the right wing) will see that most of the homes that went into default were not those of first time buyers but those who bought into the BS of brokers and 'moved up' to more house than they could afford by going with subprime mortgages instead of the prime mortgage on a house they could afford.
- 1 vote
Ron, #3.4,
Please ead Will again, the same seeded article is on RCP titled "How Dems Sparked the Great Recession", which is the essence of the article. For instnace,
- “a story of what happens when Washington decides, in its infinite wisdom, that every living, breathing citizen should own a home.”
- In 1994, Bill Clinton proposed increasing homeownership through a “partnership” between government and the private sector, principally orchestrated by Fannie Mae, a “government-sponsored enterprise” (GSE). It became a perfect specimen of what such “partnerships” (e.g., General Motors) usually involve: Profits are private, losses are socialized.
- Johnson, an important Democratic operative, Fannie Mae became, Morgenson and Rosner say, “the largest and most powerful financial institution in the world.”
Morgenson and Rosner report. You decide.
- 1 vote
No chouchou, you need to read the article and more if you want to get to the truth of the matter. The fact is that it wasn't trying to build home ownership that caused the failures but the creation of financial "products" that money managers could market as "no risk" (to themselves) that brought down Wall Street. AIG took it even further when they started selling "insurance" on these instruments to every tom, dick, and harry on the block even though they had no financial interest in the product. Kind of like selling life insurance policies to people across town who don't know you (overseas investors) and maybe even some of your neighbors who don't like you because you let your dog crap on their lawn (subprime mortgages).
The article you seeded and refer to is just right wing talking point BS to try to hide the fact that deregulation and the Phil Gramm amendment were the real culprits in this disaster.
Ron #3.6,
The article you seeded and refer to is just right wing talking point BS to try to hide the fact that deregulation and the Phil Gramm amendment were the real culprits in this disaster.
Clearly, we differ immensely in our position and philosophy. Your question #3.4 was answered in #3.5, and you switched your attention span in your comment #3.6. reduced to the above quote.
We have to agree to disagree. Good-bye and have a Great Fourth of July. Mare sure you are going to have an obamadog at the BBQ. Save one for me. Thanks.
First of all it is only the "experts" who claim the recession ended with base computer financial calculations. This conclusion is not proveable on mainstreet though. You cannot have a double digit unemployment rate, again I negate what the current federal reports say about nationa unemployment being a mere 9.1%. The real rate including all the millions of people who have exhausted unemployment benefits is well into the 20 percentile range and may even be higher.
The vastness of the real estate crisis is way under estimated and a true recovery cannot begin without new home construction increasing exponentially on "real" terms, not year over year comparisons. Banks are still taking major billion dollar hits on their top and bottom lines with all the foreclosures they are still and will be processing until 2013.
The budget crisis has never been this high before and is draining what liquidity that would normally be going back into America to repay the debts incurred by Mr. GW Bush, to the tune of 10 Trillion by the end of his term in office. Blame all you ant to on Mr. Obama. You do not fix a ten year problem in 3 years. Also many forget that Bush signed into law the first budget before Obama took office and that did not take effect until Obama was in office thus making it look as if the expenditures were of his own creation. He was bound by US law to uphold that budget put into place by Bush which included TARP and the frist extension of unemployment benefits that everyone complains about until it is their turn to be eligible for them.
FDR did NOT fix The Great Deppression which started just prior to the October Crash of 1929. The Great Depression was still on going until 1938/39 when due to the aggression of Nazi and Japanese forces, and the enacting of the Lend Lease Act with Great Britain to supply her with necessary out moded ships, tanks, guns and other war material that we began, only began to turn the corner. This nation was not out of The Great Depression solidly until war production rampped up to 110% in 1940/41-45.
People tend to rely on what they see in front of their faces at any given moment when if they look back in history less than 70 years ago, they can learn first hand that these things are not corrected overnight and what's more, during The Great Depression, we were not strapped with a Budget Deficit as we are today.
This is a cyclical matter that will take time and the destruction of many a good American and American family and business before it is all said and done. We made it, we are goigng to pay for it.
The sad part is that as soon as times get better, we will quickly forget this event and go back to our natural self destructive ways.
- 2 votes
#5 - Sat Jul 2, 2011 6:56 AM EDTYEP, teabaggers good,apparently ICKY,the taste is something your kind of fond of,being a teabag-ee.
- 2 votes
#6 - Sat Jul 2, 2011 6:59 AM EDT
Comment collapsed by the communitychouchou,thanks for asking,our economy sucks and it was the result of not having a strong leader in the WH,I 'm talking about BUSH,but this business un-friendly PRES ,and I voted for him in the primary,is just to much,we need somebody who will stand up to the special interest,the EPA and all of the other bloated GOV dept.,It's about us not them, not Libya ,NOT anybody but us ,when we're fine then let's police the world .Hell we can't or would'nt safe guard or own boarder because we're to PC .
- 3 votes
#8 - Sat Jul 2, 2011 7:35 AM EDTchouchou,I live in CA and I talk to friends at work who said that they didn't even bother to vote in the mid term elections ,and I ask them why are you even bitch'en,they say that their was no one worth voting for and I agree,tired of the lesser of two evil's,the new bunch sent there is at last doing what they were elected to do ,say no more to spending,did I miss something.poor tea-baggers are at least listening to voters.
- 4 votes
#9 - Sat Jul 2, 2011 7:59 AM EDTthe flaw in their logic is that when someone is elected, that person is not their representative because that person is not the one they voted for or didn't like either one so didn't vote.
It doesn't matter who wins the local, county, state or Federal election, That Person is Your Representative and has to answer to you. If enough of the registered voters tell that person hey you are not on the right track, well, that person will have to rethink his/her position. If they don't make sure they are not the next representative
- 1 vote
I read the article kind of fast because I'm actually doing something else at the moment and don't have time to focus on it. However the impression I got was: throw a bunch of numbers out there to confuse reality.
No excuses...regardless of the comparisons!
- 2 votes
#10 - Sat Jul 2, 2011 8:23 AM EDTI guess someone hasn't been paying attention...
For funding in the first category, there's a federal reporting system. Those who get funds must report how much they spend, and how many jobs are created or saved. According to the latest figures on the federal Recovery.gov website — just roll your mouse over Florida — the number of full-time equivalent jobs created or saved in the state just for the April to June quarter is 40,604. That number represents 79,365 actual workers, a state summary says.
While the reports don’t break out private sector jobs from public ones, it’s clear some of the jobs — and in some cases, most — end up with private sector contractors, said Winstead, special adviser to Gov. Charlie Crist on the economic stimulus. He produces the summary of Recovery Act information for the state. A table listing 2,951 full-time equivalent jobs created or saved under the U.S. Department of Transportation would largely represent private sector highway construction jobs, he said.
http://www.politifact.com/florida/statements/2010/sep/17/rick-scott/rick-scott-says-stimulus-create-single-private-job/
We visited the website of the Bureau of Labor Statistics, one of our favorite federal number crunchers. On July 2, 2010, the bureau released its monthly Current Employment Statistics Highlights report. On page five, the report contains statistics on seasonally adjusted private sector employment going back to January 2000. Geithner specifically referenced the last six months of the current year, so that's where we focused our attention.
In December 2009, the private sector shed 83,000 jobs. That was significantly smaller than the average drop for the year, since the private-sector employment losses averaged 388,000 per month during 2009, according to the report. And so we come to 2010. How have we fared for the past six months? Here's a quick monthly summary of jobs added:
January: 16,000
February: 62,000
March: 158,000
April: 241,000
May: 33,000
June: 83,000Data for the month of July --which wasn't over when Geithner spoke -- won't be released until August, so that's the most up-to-date data available. The report notes that data for the two most recent months are preliminary. But unless there's an unusually big after-the fact correction for either month, it's pretty clear that Geithner was correct. We've seen positive job growth in the private sector from January to June. We rate this True.
http://www.politifact.com/truth-o-meter/statements/2010/jul/27/timothy-geithner/geithner-claims-us-had-six-months-positive-job-gro/
Private employers added 67,000 jobs, more than the 40,000 expected by economists, with gains in construction, health care and professional and business services. The loss of 54,000 jobs overall was more modest than the 105,000 economists anticipated.
Equally heartening: Job losses for June and July were revised downward by 123,000 and private-sector job increases for that period were revised upward by 66,000.
http://www.usatoday.com/money/economy/2010-09-03-jobs-aug_N.htm
http://www.csmonitor.com/Business/Paper-Economy/2011/0330/Private-sector-jobs-up-by-201-000-in-March (Private sector jobs up by 201,000 in March)
http://www.politifact.com/virginia/statements/2011/mar/02/tim-kaine/weve-now-gained-private-sector-jobs-12-months-row/
http://voices.washingtonpost.com/political-economy/2010/08/cbo_says_stimulus_may_have_add.html (CBO says stimulus may have added 3.3 million jobs)
http://www.usatoday.com/money/economy/2010-08-30-stimulus30_CV_N.htm ("Economists agree: Stimulus created nearly 3 million jobs")
Republicans continue to rail against the stimulus, even though economists agree that the program has created a significant number of jobs. Last week, the White House Council of Economic Advisers said the Recovery Act has saved or created 3.6 million jobs. A recent report by the nonpartisan Congressional Budget Office (CBO) also found that the stimulus “has increased the number of workers by between 1.2 million and 2.8 million” and projects that “3.7 million jobs could be attributed to the stimulus by the end of September.”
http://thinkprogress.org/2010/07/18/wallace-pence-stimulus/ (Wallace Presses Pence On How He Can Call The Stimulus A ‘Failure’ In The Face Of Job Growth)
http://www.factcheck.org/2010/09/did-the-stimulus-create-jobs/ (Did the Stimulus Create Jobs?-Yes, the stimulus legislation increased employment, despite false Republican claims to the contrary.)
http://www.politifact.com/virginia/statements/2011/jun/20/national-republican-senatorial-committee/gop-senate-group-says-tim-kaines-stimulus-failed-c/
http://www.politico.com/news/stories/0611/58110.html (Chuck Schumer unveils jobs plan)
I guess the fact that the gop has done nothing about creating jobs escapes whoever wrote this, especially given the fact that Senate republicans recently blocked a program that would help to create jobs...
http://www.huffingtonpost.com/2011/06/21/senate-republicans-oppose-economic-development-administration_n_881547.html
http://www.rollcall.com/news/jobs_bill_blocked_senate-206690-1.html (Jobs Bill Blocked in Senate)
- 4 votes
#11 - Sat Jul 2, 2011 9:17 AM EDTSS #11.
Joe pointed out in his comment #12, that you had in fact copied and pasted the same comment over and over. Example:
http://chouchou.newsvine.com/_news/2011/06/27/6954922-the-new-desperation-of-team-obama?threadId=3160591&commentId=55512628#c55512628
Is this acceptable in accordance with COH or rules laid in NV?
- 1 vote
Is this acceptable in accordance with COH or rules laid in NV?
Wow, way not to acknowledge actual facts that disproves your claims...
- 1 vote
SS #11.2,
I am sorry you have missed the point. No one had ignored your "facts" and comments. Posting the same exact comment and copy and paste to spread it around in all different sites is up to NV to decide. That is the core issue.
Thank you.
- 1 vote
I guess someone hasn't been paying attention...
Hmmmm Where have I see this exact post before
Oooo!!! Ooooo!!! I have, I have
O yes, Number 7 on the hit parade
http://chouchou.newsvine.com/_news/2011/06/27/6954922-the-new-desperation-of-team-obama?threadId=3160591&commentId=55512628#c55512628
It's a nice trick SS..I didn't read it all the first time..what makes you think I would read it this time?
Happy Independence Day
- 3 votes
#12 - Sat Jul 2, 2011 11:26 AM EDTIronic this statement is coming from someone who repeatedly denies fact that proves their assertions wrong as well as repeating the same nonsense that the President isn't concerned about job creation, even though that has been repeatedly disproven by a variety of sources.
I wonder why the far right utterly refuses to acknowledge reality...
- 2 votes
All this textual rhetoric is dizzying. If you obama supporters want to convince me that this person gives a hoot about job growth than show me credible statistics. No explanations! No comparisons with other administrations! Just a breakdown of job losses verses job creation per year (governmnet jobs don't count), and then show the amount of taxes that will be gained compared to the debt the country owes. Increasing employment with low paying jobs doesn't strengthen a country that was used to earning a descent wage.
And just for clarity. I'm not a republican or democrat or independent. The leaders of the U.S. have an agenda and the Constitution is only in the way!
- 2 votes
Joe 12.2
Thanks for the find ---- repetition of SS laid out for all to see and NV moderator to make their decision.
I wonder why the far right utterly refuses to acknowledge reality..
Maybe because reality to the left is fantasyland..The left wouldn't know reality if it came up and bit them in the arse
the same nonsense that the President isn't concerned about job creation,
He isn't..he's more concerned about raising taxes, creating a socialist Utopia and getting re-elected..that's his only plan..he could give less than a @!$%# about you or me..Your proof is nothing but wasted talking points
- 4 votes
#13 - Sat Jul 2, 2011 1:54 PM EDTThe left wouldn't know reality if it came up and bit them in the arse
Instrestingly enough a republican said that about the GOP recently...
In a normal universe, being for cooperation, against pollution, for health care, for people, for your party’s presidential nominee, and winning lots of votes would be admirable positives, not critical deficiencies. But since 2008, the Republican Party seems to have stepped into some dimension outside space and time, in which the rules of political physics have all been inverted.
http://theweek.com/bullpen/column/215829/the-gops-dueling-delusional-campaign-ads
He isn't..he's more concerned about raising taxes, creating a socialist Utopia and getting re-elected..that's his only plan..he could give less than a @!$%# about you or me..Your proof is nothing but wasted talking points
You just proved my point...
- 1 vote
You just proved my point...
I didn't know you had one SS, and even if you do..it is wrong..your a liberal..I never believe liberals anymore..they always lie and use lies to back up their so called facts
- 2 votes
dean #9,
My home town is CA and I had lived and worked in LA and SF. I have also lived in Manhattan, NY for work when I was bi-coastal. Knowing what the State of CA is like, I still cast vote since I am working outside of the US.
That said, I have many friends in CA who are exceptionally qualified for senior executive positions, but they had been jobless for 2 1/2 years and counting.
- 1 vote
#14 - Sun Jul 3, 2011 2:48 AM EDTYou're in Easy Mode. If you prefer, you can use XHTML Mode instead. |
