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One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors. -- Plato (429-347 BC)

Friday, July 08, 2011

Radical Progressive Leadership Is Saying "Srew the Jobs, We Want More Taxes"

Today in Washington, D.C. - July 8, 2011:
The Senate was not in session today and will reconvene on Monday at 2 PM. It will resume post-cloture consideration of the motion to proceed to S. 1323, a nonbinding Sense of the Senate resolution offered by Senate Majority Leader Harry Reid (D-NV). S.1323 says people making over $1 million per year should be required to “sacrifice” in resolving the budget deficit.  Don't you just love the euphemism "sacrifice" - which means: how much more can we take and waste on useless liberal programs that are bankrupting our country. Thanks, Nevada for returning witless Reid to Congress.

At 5:30 PM on Monday the Senate will vote on adoption of the motion to proceed to S. 1323. Let's move on to confiscation of more wealth. While previously rumored, it is indeed becoming a concept that is being promoted by the liberals that "shared sacrifice" for the elderly will be there very lives first via denied medical treatment then social euthanasia (the pill).

Today, the Department of Labor released its monthly employment report, which can be summarized in two words: "June Gloom." June saw an even lower net increase in job creation than the disappointing tally in May. This jobs report continues a two month run of more indications that the economy is struggling to gain forward momentum. Economists are right to observe this morning that the recovery has stalled.

By the Numbers: the June Jobs Report:
  • There were a scant 18,000 net new jobs created last month.  The Department of Labor also revised its April and May jobs report today, finding that 44,000 fewer jobs were created than originally reported, or 2.5 times as many net jobs as the Department reported were created on net in June.
  • The number of unemployed Americans edged up by 173,000 to 14.1 million in June.  In the two years after the “stimulus” spending bill was enacted, more than 1.5 million jobs have been lost and the unemployment rate has averaged 9.5 percent – despite promises by the White House that the “stimulus” would keep unemployment below eight percent.  Despite displays of shovel-ready construction jobs, unemployment among construction workers reached 15.4 percent last month, down from 18.2 percent during last year’s “recovery summer” tour by the administration.
  • The continued stall of job creation in June further depressed average monthly job creation this year to 126,000 – an amount far short of the more than 300,000 jobs per month needed over a sustained period of time to meaningfully drive down unemployment. While the national picture is bleak enough, there are currently 11 states with unemployment topping 10 percent.
  • The average duration of unemployment continued to increase in June to a record 39.9 weeks, up 15 percent from one year ago. The number of unemployed less than five weeks surged by 412,000, while those unemployed longer than 27 weeks comprised 44 percent of the total. The number of people who did not actively seek work because they did not believe any work was available increased by 160,000 people in June compared to May.
Reuters reports today, “The unemployment rate climbed to a six-month high of 9.2 percent, even as jobseekers left the labor force in droves, from 9.1 percent in May. ‘The message on the economy is ongoing stagnation,’ said Pierre Ellis, senior economist at Decision economics in New York. ‘Income growth is marginal so there's no indication of momentum.’ . . . The government revised April and May payrolls to show 44,000 fewer jobs created than previously reported. The report shattered expectations the economy was starting to accelerate after a soft patch in the first half of the year.”

It’s clear from this disappointing report that now is certainly not the time for tax hikes that would certainly hurt the economy, nor for more failed stimulus spending that would only make the debt crisis worse.

The two national crises were identified: "14 million unemployed and more than $14 trillion in debt. Chronic unemployment, and record deficits and debt. What are the Democrats proposing? Higher taxes and more spending. In the middle of a jobs crisis, they want to slam already struggling businesses with a massive tax hike. In the middle of a debt crisis, they want to borrow and spend more money as a solution to the problem.”

On Wednesday, Senate Republican Whip Jon Kyl explained why tax hikes are a bad idea: “There's a sense that Republicans need to do something to make the president happy here in order to reach an agreement. And that making the president happy is to agree to some kind of a tax hike. Let's get back to what the fundamental question is. What is good for the economy? What will put Americans back to work again? What's the right medicine? What's the wrong medicine? We're in a bad economic downturn. We know that. We've got high unemployment. We know that. Jobs are not being created in the country. What's the right medicine? Is it to add more taxes onto the people who create jobs? The answer is no.”

And Sen. John Cornyn (R-TX) added, “It seems so obvious that if you want more of something, in this case jobs, that you make it easier, not harder and raising taxes, as you've heard, is something we believe will make it harder on job creators to create jobs to deal with the number one issue in America.”

As Leader McConnell said earlier this week, “Just this last December the President acknowledged that preventing a tax hike meant more resources were available for job creators to add employees. Does the President now think the economy is doing so well, that unemployment is so low and economic growth so rapid that we can take billions of dollars away from these very same job creators? It's equally ludicrous to propose more stimulus spending as part of a deficit reduction package. Republicans and, yes, some Democrats oppose those ideas because they won’t solve the debt crisis and they won’t create jobs. Americans expect that in a negotiation about a debt crisis that we actually do something to significantly reduce the debt. And with so many still out of work, we expect the President to not insist on proposals that his own administration says will put even more on the unemployment line.”

A new survey by Rasmussen Reports "finds that 72% of Likely U.S. Voters believe a free market economy is better than an economy managed by the government." Big Government is not the solution - it is the problem. It is obvious to almost three quarter of the public that trust does not rest in the government but in Free Markets. Who are the others: liberal progressives, some socialists, and maybe the mentally challenged? Only 14% think a government-managed economy is better. Another 14% are not sure. Are we to follow the 14% who think a government-managed economy is better? The people who goose-step or kiss-up to people like Nancy Pelosi, Harry Reid, Barny Frank, Barack Obama and a handful of others.

Rasmussen adds, "Among Democrats, 48% say a free market is better; 29% think a government-managed economy is the answer; 23% are not sure." Again, even among democrats, those who are willing to "jump of the cliff" for their deranged leadership are minimal. So there is hope for America.

Note that, "75% of those who work for a private company give the nod to a free market economy, compared to 53% of government employees." Government workers are indeed afraid of loosing their jobs in an overgrown bloated bureaucracy. And in many cases, we should ask: If a government job is not needed, is it a "real job" or a payback position supported by a corrupt system.

It is very obvious, that the present "Radical Progressive Leadership Is Saying "Screw the Jobs, We Want More Taxes"

Tags: Jobs, No Jobs, liberal agenda, More taxes, DOL, Department of Labor, Rasmussen Report, survey, progressives, Obama administration, To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!
Posted by Bill Smith at 3:37 PM - Post Link


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