The state that cut the most lost the most jobs

[Truthmatters]

CHART: States That Cut The Most Spending Have Lost The Most Jobs | ThinkProgress



Relative to national economic trends, states that increased spending enjoyed on average:
• 0.2 percentage point decrease in the unemployment rate
•1.4 percent increase in private employment
•0.5 percent real economic growth since the start of the recession

In contrast, states that cut spending saw on average
•1 percentage point increase in the unemployment rate
•2.1 percent loss of private employment
•2.9 percent real economic contraction relative to the national economic trend

 

[iamwhatiseem]

Those states also have more eggs coming out of chickens.

 

[Truthmatters]

So how does this effect the republican meme that cuts work to solve this?

 

[Truthmatters]

HAHAHAHAHAHAHAHAHAHAHAHAHAHAH


they wont touch this one.

Gee I wonder why

 

[Soggy in NOLA]

CHART: States That Cut The Most Spending Have Lost The Most Jobs | ThinkProgress



Relative to national economic trends, states that increased spending enjoyed on average:
• 0.2 percentage point decrease in the unemployment rate
•1.4 percent increase in private employment
•0.5 percent real economic growth since the start of the recession

In contrast, states that cut spending saw on average
•1 percentage point increase in the unemployment rate
•2.1 percent loss of private employment
•2.9 percent real economic contraction relative to the national economic trend

Oh yes, job creation begins with massive government spending.

You're a blithering idiot, you really are.

 

[Truthmatters]

These are the facts.

The states that cut the most lost the most jobs and growth.


Only a fool argues against facts

 

[cutter]

These are the facts.

The states that cut the most lost the most jobs and growth.


Only a fool argues against facts

Government jobs are fine as long as you tax them enough to pay their own wages and benefits. Then they aren't supported by the tax payer.

 

[hboats]

These are the facts.

The states that cut the most lost the most jobs and growth.


Only a fool argues against facts

And everything else was unchanged? There were absolutely no other factors that affected any of these states?

Of course there were other factors. Just because one thing might be true doesn't mean that the rest is.

Rick

 

[Warrior102]

CHART: States That Cut The Most Spending Have Lost The Most Jobs | ThinkProgress



Relative to national economic trends, states that increased spending enjoyed on average:
• 0.2 percentage point decrease in the unemployment rate
•1.4 percent increase in private employment
•0.5 percent real economic growth since the start of the recession

In contrast, states that cut spending saw on average
•1 percentage point increase in the unemployment rate
•2.1 percent loss of private employment
•2.9 percent real economic contraction relative to the national economic trend

Why isn't this breaking news on the front page of every rag in America?
Why is it exclusively features at "Think Progress," the biggest "progressive" movement in America? Gee - think they have an agenda?

Center for American Progress - Wikipedia, the free encyclopedia

I used to like you but lately you're rambling on like a bumbling idiot.

 

[Warrior102]

CHART: States That Cut The Most Spending Have Lost The Most Jobs | ThinkProgress



Relative to national economic trends, states that increased spending enjoyed on average:
• 0.2 percentage point decrease in the unemployment rate
•1.4 percent increase in private employment
•0.5 percent real economic growth since the start of the recession

In contrast, states that cut spending saw on average
•1 percentage point increase in the unemployment rate
•2.1 percent loss of private employment
•2.9 percent real economic contraction relative to the national economic trend

Oh yes, job creation begins with massive government spending.

You're a blithering idiot, you really are.

Just yesterday, she revealed 800,000 veterinarians are losing their jobs under Obama.

 

[Liberty]

i dont understand. this is a false correlation as cutting spending is meant to curb debt not create jobs, thats the private sector's responsibility in a free society. Oh wait, this isn't a free society it's a soft tyranny. Welp, carry on then.

Also, lol @ the super rich aka george soros throwing money at your source. Real credible there. Keep choosing to be a tool of those that you claim to despise: the rich. too funny. Although, the hypocrisy of your ilk is obvious when you claim to hate the rich but then say its ok to be rich if you support left-wing propaganda outlets. ...seriously, tm, you are a loser.

 

[Zoom-boing]

CHART: States That Cut The Most Spending Have Lost The Most Jobs | ThinkProgress



Relative to national economic trends, states that increased spending enjoyed on average:
• 0.2 percentage point decrease in the unemployment rate
•1.4 percent increase in private employment
•0.5 percent real economic growth since the start of the recession

In contrast, states that cut spending saw on average
•1 percentage point increase in the unemployment rate
•2.1 percent loss of private employment
•2.9 percent real economic contraction relative to the national economic trend

Why isn't this breaking news on the front page of every rag in America?
Why is it exclusively features at "Think Progress," the biggest "progressive" movement in America? Gee - think they have an agenda?

Center for American Progress - Wikipedia, the free encyclopedia

I used to like you but lately you're rambling on like a bumbling idiot.

Lately? Good one!

 

[westwall]

Adam Hersh huh. You should read his apologist report about Cash For Clunkers. For a person to have earned a PhD in econ at the university he did and to have followed that up with some of the jobs he's he's (most for very short times though it must be said) to come up with his analysis of the Cfor C program reveals him as a silly person at best and a political operative at worse.

 

[CountofTuscany]

CHART: States That Cut The Most Spending Have Lost The Most Jobs | ThinkProgress



Relative to national economic trends, states that increased spending enjoyed on average:
• 0.2 percentage point decrease in the unemployment rate
•1.4 percent increase in private employment
•0.5 percent real economic growth since the start of the recession

In contrast, states that cut spending saw on average
•1 percentage point increase in the unemployment rate
•2.1 percent loss of private employment
•2.9 percent real economic contraction relative to the national economic trend

shadup already

 

[iamwhatiseem]

I enjoy the taste of Fresca every once in a while - what about you folks?

 

[Brookhaven]

Did they also link to the study that showed that Obama's stimulus created approximatly 500,000 government jobs, but eliminated 1,000,000 private sector jobs?

For every government job the stimulus "created or saved" it eliminated two private sector jobs.

And this is pretty consistent with other studies about government jobs. The creation of a government job removes capital from the private sector, invariably resulting in the loss of 1+ private sector jobs.

I feel bad for the government workers losing their jobs, but the fact is by returning this money to the private sector, it will result in the creation of MORE jobs in the private sector than were cut by the state.

 

[CountofTuscany]

Did they also link to the study that showed that Obama's stimulus created approximatly 500,000 government jobs, but eliminated 1,000,000 private sector jobs?

For every government job the stimulus "created or saved" it eliminated two private sector jobs.

And this is pretty consistent with other studies about government jobs. The creation of a government job removes capital from the private sector, invariably resulting in the loss of 1+ private sector jobs.

I feel bad for the government workers losing their jobs, but the fact is by returning this money to the private sector, it will result in the creation of MORE jobs in the private sector than were cut by the state.

The stimulus money has run out and now the jobs are being eliminated. What a surprise. THis just goes to reinforce how bogus Obama's stimulus plan was. All he did was take taxpayer and borrowed money and try to create an illusion with smoke and mirrors. He never did anything to actually improve the economy.

 

[Avorysuds]

First spending cuts are to get the deficit under control, not create jobs.

Tax cuts help create an environment for job growth, they don't create jobs... Did this state cut taxes or just curb spending?

Regardless of what tax breaks or cuts are made Obama and the Dems have prolonged and worsened the recession that effects all states deeply. Obama devaluation of the dollar and escalation of 1 war, lie of ending another and the fact he started 2 more has not helped things more than some cuts can do in a state.

You really need to learn to apply context TM. More than that you need to learn that cutting spending is not a tax cut, it's balancing a budget, and if you running a deficit it healthier than a balanced budget well then, that just fuckin figures lol.


Have fun getting owned in another useless thread TM>

 

[Avorysuds]

I also find it interesting that you bring up spending cuts as proof that it won't create jobs in this case, despite that not being what people said it would do... yet you disregard the fact that Obama spent like a mother fucker TO create jobs and yet we still loose more jobs every month than we gain and UE was over 2% higher (1%+ currently) than what Obama himself AND his panel of expert economists claimed it would be.

More or less, you just proved Obama's 5 trillion stimulus failed, (4 trillion from the FED on the side lol).

 

[Brookhaven]

These are the facts.

The states that cut the most lost the most jobs and growth.

Only a fool argues against facts

Isn't it a fact that the states that cut the most, were also in the worst economic shape generally? And isn't it a fact that the reason they were in the worst economic shape generally is because they've had a left-leaning government for decades?

Take Wisconsin for example. Yea, they've had to cut a lot, but that's because their economy over the years has been destroyed by unionization, high business taxes, and high levels of regulation that have made it a business-hostile state.

Compare that with Texas, a right to work state with low business taxes and a reasonable level of business regulation; a business-friendly state. Texas hasn't been forced to make drastic govenment cuts, because it has a healthy economy.

The liberal policies of Wisconsin's government over the years damaged Wisconsins economy, and is the root cause of Wisconsin having to lay off government employees.

The conservative policies of Texas' government over the years has helped Texas' economy, is the reason Texas has not had to lay off government employees.

The facts are, laying off (or not laying off) government employees is not the root cause of the state's economic condition. Whether the state's government has created a business-friendly or business-hostile environment is the deciding factor.

Or to put it more simply, whether the state is run by business-friendly conservatives, or business-hostile liberals is the single most important factor concering a state's economy.