More evidence on conservatives sabotaging the country to defeat Obama.

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Phaedrus76
Phaedrus76's picture

This article goes into detail in how public sector jobs and transfer payments effect overall job numbers. By his estimates if the Feds had been able to help the States not choose austerity, we'd have 2.4 million more jobs today, unemployment would be 7.5% -6.8% and things would seem much better generally across America.

Three years into recovery, just how much has state and local austerity hurt job growth?, by Jos Bivens and Heidi Shierholz: ...the public sector has seen massive job loss in the current recovery—largely due to budget cuts at the state and local level — which represents a serious drag that was not weighing on earlier recoveries. ...

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Today the Jobs Act sits and cannot get through the conservative filibuster, and the only action in the House lately are more bills aimed at destroying Obamacare and stopping abortion.

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al3
al3's picture
Here's a piece by Ezra Klein

Here's a piece by Ezra Klein in the Washington Post that pretty much says the same thing....If Obama enjoyed the same amount of public worker hiring the LAST 3 GOP Presidents had, to help THEM out of their recessions, we'd have at least 1% less unemployment rate.

"Do as I say, not as I do."

http://www.washingtonpost.com/blogs/ezra-klein/post/public-sector-austerity-in-one-graph/2012/06/11/gJQAv89NVV_blog.html#pagebreak

 

chilidog
The GOP's complaint has

The GOP's complaint has always been about the deficit, regardless of economic growth.

So now that no spending has been possible without their consent for 18 months (at least,) how do the deficit numbers look?

anonymous green
Finally people are getting

Finally people are getting the 'joke' that is being played on them by the Manchurian Americans conservative thought has created.

We need retro-active inheritance taxes, back to the burning of the American Rechstag, 9/11.

55% was fair in the 90's, my kids and grandkids did just fine without the extra money the government took.

It's just sad it was wasted on warfare, and the warfare is eating its own children even as we try to end it.