California jobless rate swells to 12.6 percent

[The T]

Gov. Arnold Schwarzenegger said he is encouraged but said in a statement that the state needs to focus on training employees and giving employers incentives to hire them.

Hey Arnold? How about Spending cuts in the Bloated government you preside over? How about getting out of the way of Employers instead of taxing them to their death?

I think Government layoffs would be appropo don't you?

 

[Meister]

Q1 reports are out, and they're good!

And now is the time for all 'good' fringers to come to the aid of their ideology.
Soon the refrain will be, "but, but, but where are the jobs? "(the last two US Recessions ended well before hiring began)
Facts suck, don't they fringers?
"But, but, but what about the deficit?" Well Fringers, Bush II (yes, Booooooooooooosh) and the Republican controlled Congress spent your tax dollars - off budget. And now, President Obama is spending - on budget - for all to see.
Facts suck, don't they Fringers?
Your tax dollars spent wisely, to brink us back from the brink of a great depression, vis a vis, your tax dollars and loans from China spent on a war of choice in Iraq.
Facts suck, don't they Fringers?
"The Pig Book" is out, and ... WHAT?? Yes Fringers a Democratic controlled Congress has reduced the pork! (Of course the honorable Senator from Mississippi didn't help)
Now the party of "NO!" will cater to the hue and cry for fiscal responsibility, and the Fringe will again fall for the R's usual hate and fear tactics and lies that only the R Party is fiscally responsible.
Take your pick, Tax and spend on We the People; or Don't tax, borrow and spend on pork for the special interests (Haliburton and no bid contracts).
Facts suck, don't they Fringers?

Your ADD'ing again wry, time for your meds. This is about Ca. unemployment and you keep coming back to some "special" find of yours. Stay on topic, damnit!!!!!

Start you own thread on it. wry....what a novel idea that would be

 

[Meister]

More than half of the T dollar 'increase' is not an increase, but allowing the Bush tax cuts to expire. You may spin this as a tax increase, but my choice is to point out the Bush tax cuts + the prosecution of the Iraq War (a war of choice) and the war on terror (and huge increase in the federal government) was ill advised and the consequences are huge public debt with interest payments due long into this century; this harmed us immeasurably.
The only real question is, was this a result of Bush&Co being incompetent, or an intentional act (see Grover Norguist and his comments on the federal government).
As an aside, one as 'knowlegable' as boedicca on economics must know, revenue for governance has been an issue since the Revenue Act of 1790. Debates on states rights, revenue and taxes, tariffs and such have been a central issue since before the Articles of Confederation were signed and one of many reasons why the confederation failed.
Debate on the issues noted above are ongoing and likely will be an issue 100 years from now. What is not at issue is this fact. The interest on Public Dept is enormous and cutting spending has always been the 'conservative' way (in words but never deeds) of reducing our indebetness. Yet the conservatives never lived up to their promises.
Today the only 'idea' to be expressed by Palin and Gingrich, McConnell and Beohner, is to cut taxes. They have no other ideas. Of course the farther right are now calling for nullification and secessation.

Talk about spinning, wry. If taxes go up for whatever reason...that becomes a tax increase. It gets no more elementary than that. So spin on it

 

[Baruch Menachem]

Oregon jobs picture is better than last year. Last March the unemployment rate was 11.2%


This March it is 10.6%.

This is a little worse than last month, which was 10.5%

The are in the state with the best employment picture is tech heavy Benton county. Which is around Oregon State University. 6% there. Eugene, where the University of Oregon is located, has 10.1% I guess the ducks are under water.

Suffering badly are the forest products dependent places like Medford and the coastal regions. Jackson County has unemployment of around 12.5%

What is weird is that Linn County, which is on I-5 and just across the river from Benton County has one of the highest unemployment rates. 12.4%

Thing is, we were promised that Stimulus would fix this.

We are still waiting.

 

[boedicca]

Sounds like Oregon is typical. Stimulus money went to preserving public employee jobs - while the private sector continues to suffer.

Loggers don't belong to AFSCME or SEIU.

 

[Wry Catcher]

More than half of the T dollar 'increase' is not an increase, but allowing the Bush tax cuts to expire.

ROFLMAO!!!!!!

Allowing the tax cuts to expire IS an increase.

Tax rates will go up - in a very dismal economy. That's one of the reasons job creation is virtually non-existent. The taxes will hit small business - which create most jobs.

BS, more platitudes. "Your kind" always replies with cliches, unproven 'truths' of propaganda. Sadly, you believe them, so there is no sense in debate - as with most fringers you actually believe you know the truth and can predict the future.
Other than tax cuts, what would the all knowing you do? Drill baby drill.

 

[boedicca]

More than half of the T dollar 'increase' is not an increase, but allowing the Bush tax cuts to expire.

ROFLMAO!!!!!!

Allowing the tax cuts to expire IS an increase.

Tax rates will go up - in a very dismal economy. That's one of the reasons job creation is virtually non-existent. The taxes will hit small business - which create most jobs.

BS, more platitudes. "Your kind" always replies with cliches, unproven 'truths' of propaganda. Sadly, you believe them, so there is no sense in debate - as with most fringers you actually believe you know the truth and can predict the future.
Other than tax cuts, what would the all knowing you do? Drill baby drill.

"Your kind"?

Heh.

Well. Your kind uses twisted Orwellian double speak to try to convince people that tax increases are fairness, tax cuts are revenue losses, lowering the rate of spending increases is a spending cut, etc.

The simple fact is that tax rates will increase significantly next year. You can spin it all you want but people will be paying more taxes, economic growth will suffer, and job creation will be harmed.

 

[The T]

ROFLMAO!!!!!!

Allowing the tax cuts to expire IS an increase.

Tax rates will go up - in a very dismal economy. That's one of the reasons job creation is virtually non-existent. The taxes will hit small business - which create most jobs.

BS, more platitudes. "Your kind" always replies with cliches, unproven 'truths' of propaganda. Sadly, you believe them, so there is no sense in debate - as with most fringers you actually believe you know the truth and can predict the future.
Other than tax cuts, what would the all knowing you do? Drill baby drill.

"Your kind"?

Heh.

Well. Your kind uses twisted Orwellian double speak to try to convince people that tax increases are fairness, tax cuts are revenue losses, lowering the rate of spending increases is a spending cut, etc.

The simple fact is that tax rates will increase significantly next year. You can spin it all you want but people will be paying more taxes, economic growth will suffer, and job creation will be harmed.

And government will grow larger and cannot pay for it except for servitude to the Government.

 

[boedicca]

Why do you think the Obamas keep haranguing college students to give up on business and go into community service instead?

 

[Wry Catcher]

As I suggested, you believe you know the future and believe tax cuts are a panacea. Evidence, in terms of historical perspective prove otherwise. Bush cut taxes, Bush prosecuted a war, Bush expanded the size of the Federal Bureaucracy, Bush operated as a laissez faire president, and we ended up with the great recession.
Now, those on the right parrot the same BS we heard from Bush, and expect a thinking voter to believe anything a Republican candidate for office says?

 

[boedicca]

Even JFK believed tax cuts work - and he was correct.

Just sayin'.

 

[Wry Catcher]

How did the Great Depression End, and why? Government spending. Huge amounts of money spent on arms production and the build up of a huge fightng force.
Not by cutting taxes, but by selling bonds (just like the founding fathers did to pay for our war of independence) and putting people to work. Yes, even government employees.

 

[boedicca]

It's a Leftwing Myth that government spending got us out of the Great Depression. It actually made things worse (just like Obamanomics is now):

'He got us out of the Great Depression." That's probably the most frequent comment made about President Franklin Roosevelt, who died 65 years ago today. Every Democratic president from Truman to Obama has believed it, and each has used FDR's New Deal as a model for expanding the government.

It's a myth. FDR did not get us out of the Great Depression—not during the 1930s, and only in a limited sense during World War II.

Let's start with the New Deal. Its various alphabet-soup agencies—the WPA, AAA, NRA and even the TVA (Tennessee Valley Authority)—failed to create sustainable jobs. In May 1939, U.S. unemployment still exceeded 20%. European countries, according to a League of Nations survey, averaged only about 12% in 1938. The New Deal, by forcing taxes up and discouraging entrepreneurs from investing, probably did more harm than good.

What about World War II? We need to understand that the near-full employment during the conflict was temporary. Ten million to 12 million soldiers overseas and another 10 million to 15 million people making tanks, bullets and war materiel do not a lasting recovery make. The country essentially traded temporary jobs for a skyrocketing national debt. Many of those jobs had little or no value after the war.

No one knew this more than FDR himself. His key advisers were frantic at the possibility of the Great Depression's return when the war ended and the soldiers came home. The president believed a New Deal revival was the answer—and on Oct. 28, 1944, about six months before his death, he spelled out his vision for a postwar America. It included government-subsidized housing, federal involvement in health care, more TVA projects, and the "right to a useful and remunerative job" provided by the federal government if necessary.

Roosevelt died before the war ended and before he could implement his New Deal revival. His successor, Harry Truman, in a 16,000 word message on Sept. 6, 1945, urged Congress to enact FDR's ideas as the best way to achieve full employment after the war.

Congress—both chambers with Democratic majorities—responded by just saying "no." No to the whole New Deal revival: no federal program for health care, no full-employment act, only limited federal housing, and no increase in minimum wage or Social Security benefits.

Instead, Congress reduced taxes. Income tax rates were cut across the board. FDR's top marginal rate, 94% on all income over $200,000, was cut to 86.45%. The lowest rate was cut to 19% from 23%, and with a change in the amount of income exempt from taxation an estimated 12 million Americans were eliminated from the tax rolls entirely.

Corporate tax rates were trimmed and FDR's "excess profits" tax was repealed, which meant that top marginal corporate tax rates effectively went to 38% from 90% after 1945.

Georgia Sen. Walter George, chairman of the Senate Finance Committee, defended the Revenue Act of 1945 with arguments that today we would call "supply-side economics." If the tax bill "has the effect which it is hoped it will have," George said, "it will so stimulate the expansion of business as to bring in a greater total revenue."

He was prophetic. By the late 1940s, a revived economy was generating more annual federal revenue than the U.S. had received during the war years, when tax rates were higher. Price controls from the war were also eliminated by the end of 1946. The U.S. began running budget surpluses.

Congress substituted the tonic of freedom for FDR's New Deal revival and the American economy recovered well. Unemployment, which had been in double digits throughout the 1930s, was only 3.9% in 1946 and, except for a couple of short recessions, remained in that range for the next decade.

The Great Depression was over, no thanks to FDR. Yet the myth of his New Deal lives on. With the current effort by President Obama to emulate some of FDR's programs to get us out of the recent deep recession, this myth should be laid to rest.

Burt Folsom: Did FDR End the Depression? - WSJ.com

 

[The T]

How did the Great Depression End, and why? Government spending. Huge amounts of money spent on arms production and the build up of a huge fightng force.
Not by cutting taxes, but by selling bonds (just like the founding fathers did to pay for our war of independence) and putting people to work. Yes, even government employees.

it's a MYTH. Plain and simple. Our Founders 'PUT people to work'? How so? Did they madate it?

You have some 'splaining too doo Loocie'...

 

[Wry Catcher]

It's a Leftwing Myth that government spending got us out of the Great Depression. It actually made things worse (just like Obamanomics is now):

'He got us out of the Great Depression." That's probably the most frequent comment made about President Franklin Roosevelt, who died 65 years ago today. Every Democratic president from Truman to Obama has believed it, and each has used FDR's New Deal as a model for expanding the government.

It's a myth. FDR did not get us out of the Great Depression—not during the 1930s, and only in a limited sense during World War II.

Let's start with the New Deal. Its various alphabet-soup agencies—the WPA, AAA, NRA and even the TVA (Tennessee Valley Authority)—failed to create sustainable jobs. In May 1939, U.S. unemployment still exceeded 20%. European countries, according to a League of Nations survey, averaged only about 12% in 1938. The New Deal, by forcing taxes up and discouraging entrepreneurs from investing, probably did more harm than good.

What about World War II? We need to understand that the near-full employment during the conflict was temporary. Ten million to 12 million soldiers overseas and another 10 million to 15 million people making tanks, bullets and war materiel do not a lasting recovery make. The country essentially traded temporary jobs for a skyrocketing national debt. Many of those jobs had little or no value after the war.

No one knew this more than FDR himself. His key advisers were frantic at the possibility of the Great Depression's return when the war ended and the soldiers came home. The president believed a New Deal revival was the answer—and on Oct. 28, 1944, about six months before his death, he spelled out his vision for a postwar America. It included government-subsidized housing, federal involvement in health care, more TVA projects, and the "right to a useful and remunerative job" provided by the federal government if necessary.

Roosevelt died before the war ended and before he could implement his New Deal revival. His successor, Harry Truman, in a 16,000 word message on Sept. 6, 1945, urged Congress to enact FDR's ideas as the best way to achieve full employment after the war.

Congress—both chambers with Democratic majorities—responded by just saying "no." No to the whole New Deal revival: no federal program for health care, no full-employment act, only limited federal housing, and no increase in minimum wage or Social Security benefits.

Instead, Congress reduced taxes. Income tax rates were cut across the board. FDR's top marginal rate, 94% on all income over $200,000, was cut to 86.45%. The lowest rate was cut to 19% from 23%, and with a change in the amount of income exempt from taxation an estimated 12 million Americans were eliminated from the tax rolls entirely.

Corporate tax rates were trimmed and FDR's "excess profits" tax was repealed, which meant that top marginal corporate tax rates effectively went to 38% from 90% after 1945.

Georgia Sen. Walter George, chairman of the Senate Finance Committee, defended the Revenue Act of 1945 with arguments that today we would call "supply-side economics." If the tax bill "has the effect which it is hoped it will have," George said, "it will so stimulate the expansion of business as to bring in a greater total revenue."

He was prophetic. By the late 1940s, a revived economy was generating more annual federal revenue than the U.S. had received during the war years, when tax rates were higher. Price controls from the war were also eliminated by the end of 1946. The U.S. began running budget surpluses.

Congress substituted the tonic of freedom for FDR's New Deal revival and the American economy recovered well. Unemployment, which had been in double digits throughout the 1930s, was only 3.9% in 1946 and, except for a couple of short recessions, remained in that range for the next decade.

The Great Depression was over, no thanks to FDR. Yet the myth of his New Deal lives on. With the current effort by President Obama to emulate some of FDR's programs to get us out of the recent deep recession, this myth should be laid to rest.

Burt Folsom: Did FDR End the Depression? - WSJ.com

Good grief. Want I should post other 'authoritive' essays with very different conclusions. As I suggested, there are many opinions - most of which are biased in one way or another. I suggest you get a copy of SimCity and play a few rounds. Too many taxes, to few taxes = a failed result.
No one likes to pay taxes, everyone likes the benefits of them. Do you cut 911 calls and dispatchers or first responders? Do you smile when you run over a pot hole with a brand new tire? Enjoy streets and parks overgrown with weeds, rats in restaurants or floods caused by defered maintanence? Should the water supply be privatized? Does clean air matter?
The problem with 'your kind' is you're stuck on ideology and believe the half-truths of the propaganda purveyors.

 

[skookerasbil]

Wry s0n..........where the fcukk do you come up with this shiT?????

 

[CMike]

That is awful.

 

[Meister]

Wry s0n..........where the fcukk do you come up with this shiT?????

Somewhere in the middle of 'frisco. That's where a large share of the left wing whacko's hang.

 

[oreo]

California jobless rate swells to 12.6 percent

Man, that stimulous sure is working!

California--like many other blue states in this country pay the highest state income taxes.

It's no wonder that people and business'es are leaving California in wagon trains to friendlier (less taxed) states.

When it become to expensive for business to do business--they move elsewhere.

 

[Meister]

California jobless rate swells to 12.6 percent

Man, that stimulous sure is working!

California--like many other blue states in this country pay the highest state income taxes.

It's no wonder that people and business'es are leaving California in wagon trains to friendlier (less taxed) states.

When it become to expensive for business to do business--they move elsewhere.

The main reason I left after 41 years was due to the politics