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Bill USA Donating Member (628 posts) Send PM | Profile | Ignore Thu Oct-27-11 04:03 PM
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Creating Unemployment - (i.e. GOP politics)
Creating Unemployment - How Congressional Budget Decisions Are Putting Americans out of Work and Increasing the Risk of a Second Recession

Most of the nearly 14 million people across our country who are currently unemployed can blame their situation on the inability of Congress and the White House to sufficiently cushion the economy from the financial crisis that began in 2007. But a growing number of unemployed Americans today are the victims of actions taken by the current Congress aimed deliberately at eliminating jobs.

Even worse, many of these jobs are ones that will have to be performed at some point in the next several years and taxpayers will eventually pay the bill. Delaying the work not only sucks jobs out of the weak economy but also in many instances costs the government more money and over time, and serves to increase rather than decrease the public debt. This report examines some of the job-elimination efforts by the current Congress and the growing impact this is having on individuals, families, and communities around the country.

Saving these jobs does not require us to ignore our country’s long-term deficit problems. While nearly all economists believe we should decisively reduce the amount we are scheduled to borrow over the next decade, a large majority of those same economists believe that the spending cuts and revenue increases necessary to reduce the deficits should be agreed to now but not executed until there is substantial steam in the economic recovery. As Federal Reserve Chairman Ben Bernanke recently warned the Joint Economic Committee, it is important to “avoid fiscal actions that could impede the ongoing economic recovery, putting in place a credible plan for reducing future deficits over the longer term does not preclude attending to the implications of fiscal choices for the recovery in the near term.” That is advice that the new majority party in the House of Representatives has been unwilling to take.

To get a clear picture of the efforts by the current Congress to eliminate jobs requires only a visit to the House Appropriations Committee official web site and an examination of a table entitled “FY 2011 CONTINUING RESOLUTION REDUCTIONS.” The table lists a little more than 250 programs that the committee claims to have cut by a total of $45 billion in fiscal year 2011, which ended in October. Not all of the claimed cuts actually reduced either spending or jobs; they claim, for example, to have cut $6 billion from the Decennial Census despite the fact that virtually no one expected a Decennial Census in 2011. But there are significant job losses associated with most of the document. While many discussions of potential job losses from reductions in government spending seem abstract and theoretical, these cuts are clearly resulting in real pink slips being delivered to real people.
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dtexdem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 04:06 PM
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1. Hey, after all, it's one of the things the GOP does best.
You have to expect them to stick to their "strengths." ;-)
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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-27-11 04:54 PM
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3. In my family, we were all born of Eisenhower Recessions
It's a long-standing tradition. For the GOP, I mean.
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George14 Donating Member (1 posts) Send PM | Profile | Ignore Thu Oct-27-11 04:50 PM
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2. Here is what is creating unemployment
Edited on Thu Oct-27-11 05:23 PM by George14
When the working class earns less, they spend less. When the working class spends less, there are less jobs. Corporate greed is eliminating jobs. A middle class worker spends 90% of every dollar he earns. The upper class doesn't spend as high of percentage of their earnings. Lately, most wealthy Americans have been hiding their wealth in off shore bank accounts. What good does it do our country to have all our wealth hidden away in secret bank accounts?

While rich American's want us to beleive that they will create jobs if we continue letting them have their way, they are not creating jobs. The more we cater to the rich, the worse off our country becomes. Our upper class has become a bunch of parnoid spoiled brats who are ready to take their ball and go home. Most people would never let their children act like our rich are currenly acting.

Hopefully science will soon find the mutated gene that makes one of every hundred human beings greedy to the point of being a detriment to our society. There must be a scientific answer as to why some people never have enough.

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