Consumers creates jobs

Discussion in 'Economy' started by LilOlLady, Jul 24, 2011.

  1. LilOlLady
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    LilOlLady Gold Member

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    CONSUMERS CREATES JOBS

    Other than government. Federal and state government. How many government agencies, services and programs and how many do they employ? Without government jobs we would be just another third world country
    .http://www.usa.gov/Agencies/Federal/All ... ndex.shtml

    The total number of local government employees in the United States as of 2002 is 13.2 million. There are 10.15 million full-time and 3.13 million part-time
    http://en.wikipedia.org/wiki/Public_emp ... ted_States
    Maybe the really big spenders are State government and not federal government?

    The biggest job killer was corporations that took jobs overseas in search of cheap labor and put millions of consumers out of jobs with no purchasing power. Business that were left here were not selling because unemployed consumers do not purchase products and services. Bring back those jobs and put consumers back to work and they will purchase products and services creating tax revenue and business that sell more will hire more to sell more and the circle of a growing economy and more jobs, etc.

    Cutting entitlement programs is a jobs killer, and economy buster. Dead beat presidents Bush, inheriting the biggest surplus in history and creating the biggest deficit in history, spending money we did not have on two wars, giving billions to foreign countries for their friendship, cutting taxes to the wealthy, supporting illegal immigration of poverty was the ultimate job killer and economy buster.

    If Dead Beat Bush had been stopped, we would not be dealing with this mess today. But the right wing idiots just stood by and looked the other way. Now they expect Obama to fix the mess overnight what Dead Beat Bush took 8 years to break. It may take decades to do that.

    Until those jobs return and put consumers back to work and tax cuts for the wealthy expire, there is no end in sight for our failing economy. Cannot do it with cuts in government spending and cutting entitlement programs which creates more poverty and more government spending. Because of cut in entitlements we are seeing record number of people applying for food stamps, etc.
     
  2. FuelRod
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    FuelRod Gold Member

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    Who do you think consumes the most?
     
  3. LilOlLady
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    LilOlLady Gold Member

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    World War II and recovery
    A female factory worker in 1942, Fort Worth, Texas. Women entered the workforce as men were drafted into the armed forces.The common view among economic historians is that the Great Depression ended with the advent of World War II. Many economists believe that government spending on the war caused or at least accelerated recovery from the Great Depression. However, some consider that it did not play a very large role in the recovery, although it did help in reducing unemployment.[9][50][51]

    The massive rearmament policies leading up to World War II helped stimulate the economies of Europe in 1937–39. By 1937, unemployment in Britain had fallen to 1.5 million. The mobilization of manpower following the outbreak of war in 1939 finally ended unemployment.[52]

    America's entry into the war in 1941 finally eliminated the last effects from the Great Depression and brought the unemployment rate down below 10%.[53] In the U.S., massive war spending doubled economic growth rates, either masking the effects of the Depression or essentially ending the Depression. Businessmen ignored the mounting national debt and heavy new taxes, redoubling their efforts for greater output to take advantage of generous government contracts.

    Great Depression - Wikipedia, the free encyclopedia
     
  4. LilOlLady
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    LilOlLady Gold Member

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    What Ended the Great Depression of 1929?:

    In 1932, Franklin Delano Roosevelt was elected President based on his promises to create Federal Government programs to end the Great Depression. Within 100 days the “New Deal” was signed into law. This created 42 new agencies designed to create jobs, allow unionization, and provide unemployment insurance. Many of these programs, such as Social Security, the SEC (Securities and Exchange Commission), and FDIC (Federal Deposit Insurance Corporation) are still here today, helping to safeguard the economy.
    However, the extent of the Great Depression was so great that government programs alone could not end it. Unemployment remained in the double-digits until 1941, when the U.S. entry into World War II created defense-related jobs.
    The Great Depression of 1929 - Causes of the Great Depression of 1929 - Unemployment During the Great Depression
     
    Last edited: Jul 24, 2011
  5. KissMy
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    KissMy Free Breast Exam

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    Obama's Director of the White House National Economic Council & Clinton's Secretary of the Treasury Lawrence Summers at 22:00 in video
    We had a tax rate of over 90% back then so government spending was the economy & it sucked until we started selling weapons to foreigners. We sold weapons to other countries in WWII. That is what brought us out of the depression. Not our own government spending.

    There are 22.5 million government employees who make double the private sector wage. They all must go away or take a 50% pay cut. The tax & debt burden they create for this country is costing the rest of us jobs. The worst thing that happened during the Bush presidency was government pay & benefits escalated far faster than the private sector due to a law Bill Clinton signed at the end of his presidency. Bush also allowed the size of government to explode.

    This country is doomed unless we get rid of the government employees & their defined benefit pensions. No one gets defined benefits except government employees. Notice how I always call the leaches government employees & not workers. They are the least productive segment of our society, but the best paid.

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    Last edited: Jul 24, 2011
  6. KissMy
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    KissMy Free Breast Exam

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    WSJ: We've Become a Nation of Takers, Not Makers
     

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