May Jobs Report Prooves That Austerity Doesn't Work!

Discussion in 'Economy' started by mascale, Jun 1, 2012.

  1. mascale
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    mascale VIP Member

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    Robust job growth in first quarter, 2012, is now also to be a consistent pattern of lesser job growth in second quarter, 2012. The housing market, however, has stabilized, and consumers have increased their spending. Lagging transport job increases are suddenly increasing, going into Third Quarter 2012.

    Government employment, from austerity, has been lagging for months: Which has not been stimulating, even government employees: Or something(?)! Commentators and Teachers fail to remind anyone that one third of the Federal Stimulus went to prevent job losses in that sector. The money did not go to priming the tax base, so that state and local government could be in the lead of job growth recovery, like is usual. Government austerity, state and local: Doesn't work well, for the economy, trying to recover.

    Employment Situation Summary

    Again, consumers are not listening to the GOP Mantra of "No More Spending, Especially In The Stores!" Their Mantra continues, now like Romney, "Screw the general market place! Send all the money only to the rich, just like Romney of the equity business!"

    What came after the "Reagan Trajectory," which also did that: Was the increase of unemployment under Bush I, Term I, Kaputsky! In Massachusetts, Romney's record of job creation put that state at the bottom, 47th in the nation.

    What does Austerity really stand for! "Really Stupid! Spend No More! Keep the non-white population out of the market-place! That will bring Widespread Wealth For Everyone, Just like the 11% unemployment, in the EuroZone.

    Especially, broadcast commentators fail to note the comparsion, of the economies, and the policies at fault. Stupid people still hire from the universities, and the Ivy League, for example! The rest of the market place is not to be thought on board, or American!

    "Crow, James Crow: Shaken, Not Stirred!"
    ("Donner Party of 200! Boehner Party of 10 mil.! Your Delicious Snacks Await, at the tables you most want for all the people!" RNC knows all about eating. . .and Bush II, Terms I & II, prooved that they also know about drinking(?)!
     
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  2. Trajan
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    Trajan conscientia mille testes

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    wipe your chin.
     
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  3. PredFan
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    PredFan Gold Member

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    Austerity measures? Here in the US? Do you have any idea wtf you are talking about?
     
  4. mascale
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    mascale VIP Member

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    Even According to Keynes, public sector stimulus is all about Public Works. The Romney Brand is different. That brand is all about rich, publically traded: Actually even in companies where nobody makes anything at all(?)! Romney is likely a "FaceBook" entrepreneur: Not a farm entrepneur, not a construction, entrepreneur, not a manufacturing entrepreneur, and famously not an auto-making, entrepreneur!

    So that is the Anti-Market, Romney comparison, with the liberal approach of employing the ditching-digging private sector.

    That the former Massachusetts Governor: Has tenaciously, refused to do: All his life!

    There is austerity. When the rich houses finally came tumbling on down, devoid of the stimulated marketplace: Then that is the Romney, Anti-Business, Anti-Market, Brand!

    "Crow, James Crow: Shaken, Not Stirred!"
    (Many soon fight for public seating: Even at Back of Bus, Instead!)
     
  5. AquaAthena
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    AquaAthena INTJ/ INFJ

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    Proof to support one of my fave quotes: We don't see things as they are, we see them as "we" are.....:eusa_whistle:
     
  6. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    No. We need MORE Banker Bailouts and MORE Austerity.

    We'll be just fine when the Bankers have everything and We the People have nothing.
     
  7. TakeAStepBack
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    TakeAStepBack Gold Member

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    Hair of the dog, brah!!! Pump some more money in to the economy. Nothing cures an inflation hangover like more inflation!
     
  8. mascale
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    mascale VIP Member

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    Mostly, Little kids in California have long since known that the real path to riches and vacation second homes was through California Civil Service, and the California Public Education system. This would be said, "Cradle, To South of France, To Grave" state system employment.

    In the manner of Matthew 25::14-30, the upper echelon pay grades got the same percentage pay raise as the lower echelon pay grades. At University of California, it was even called, "Cost-of-Living," plus maid service, the limo, the chauffer, and even benefits and an indexed pension.

    Now they finally get a 5% pay cut:

    California Governor, Lawmakers Get Pay Cut 5% by Panel - Bloomberg

    How does that help(?), no one asks. See wherein they make more than comparable employees in other states, and with mega-protections.

    In other words, even in California then Civil Service meant, "and never work again, one day in your life!" Governor Brown even made a campaign promise: To not retire while in office! The deficit debacle would have easily become overwhelming even for the nearly 40 mil. in California.

    "Crow, James Crow: Shaken, Not Stirred!"
    (Le Etat, C'est Moi:" And even gone mad for millions! "This State is their state! It's not like your state! It's not a real state! It's in your mind(?). . . .! It's not your money! It's all their money! That state, . . .was made for them and theirs. . .some new kind of Octo-babies, as in Octopus! And there was Grandma. . . .With no tax base out there at all!")
     
  9. rdean
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    rdean rddean

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    FEATURE: Despite recovery, US public employees face more layoffs | Reuters

    You've got Republican screaming "Shrink government" and since Obama has taken office, government is nearly 600,000 less.

    Listen to this story:

    Three weeks ago, firefighters in Scranton, Pennsylvania, took 10 minutes to respond to a fire, instead of the usual four minutes or less. Lighter staffing was blamed, as the city had laid off 29 firefighters in January.

    "We had been telling them ... there's a catastrophe that's going to happen here," said John J. Judge IV, president of the International Association of Fire Fighters Local 60.

    After the delay, 12 of the firefighters were rehired, but that's still a reduction of 17 workers.

    ------------------------------------------------------------------------

    That's how Republicans see the future of this country. Let it burn.

    Something that should make Republicans really, really happy. From one of their "job creators":

    Former GOP nominee lays off 27,000
     
  10. mascale
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    mascale VIP Member

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    So like any good private equity, anti-business, anti-market, "entrepreneur:" The California Merit System rewarded the rich, and degraded all successively lower incomes. What budget funds there were, went to upper level grades. That was slow, but successively more and more with each passing budget.

    Now, in Matthew 25:14-30, the money went to the rich. The poor fellow finally gave up on the concept. In real life, into the foreclosure crisis the economy went.

    Effectively, the California Civil Service hoarded the money, kept it from the market: Just like the Romney Brand, or Just like in the forclosure crisis. The Romney's were keeping the money even then, clearly supportive of that method, and that outcome.

    Arithmetic is an intentional act!

    "Crow, James Crow: Shaken, Not Stirred!"
    (Seven Come Eleven: Even More Intentional Act!)
     

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