Filed under: Economy, Liberalism, Democrat Corruption, Capitalism, Law, Immigration | Tags: Creating Jobs, The Ongoing Recession, No help - no hope
Since the Great Depression in the 1930s and ’40s, there have been eleven other recessions in America before this last one. In all those recessions, the economy recovered all the jobs that had been lost during the recession by an average of 25 months after the recession began. So the unemployment effects of those recessions lasted an average of about two years.
Today we are 5½ years after the recession began and we still have not come near to recovering the jobs lost during the recession. In 2008, the Bureau of Labor Statistics reported that total nonfarm seasonally adjusted employment amounted to 138 million workers. Today we have fewer than 136 million, and the number of working age Americans has grown by 12.8 million.
Note that last number. President Obama is out on the budget campaign trail, bragging about his recovery. “[W]e are in a much stronger position now than when we were then. And we’ve created 7.5 million new jobs in the private sector.” But the number of working age Americans has grown by 12.8 million.
The good news is that every one of the challenges that we confront, every one of the barriers — whether it’s education, immigration, infrastructure —that prevent us from being as competitive as we could be, they’re all solvable. …
Mr. Obama always goes back to the same themes, so it’s apparently the only idea he has. We will create a better economy by improving education with Common Core. And if that were to work, (though I reject indoctrinating children), how many years would it take for a better-educated workforce to appear and start inventing new things?
Democrats are counting on increased immigration to swell the ranks of Democrat voters. Big business is lobbying for increased immigration to give them cheaper workers skilled in science, technology. math and engineering. Big business does not want to hire the unemployed, nor do they admit that we have more STEM graduates in this country than there are STEM jobs. Mark Zuckerberg, Facebook CEO, is heading to Washington to lobby for more immigrant workers. The Center for Immigration Studies shows clearly that while Americans were getting laid off during the recession, immigrants were getting hired. But if they vote Democrat, what’s the difference?
Obama has been relying on “infrastructure” to revive the economy for 5 years, unaware of the lengthy process involved in building anything. Financing, permits, environmental impact, design approvals and so on and on. On major public projects it can take years.
He had big hopes for “green jobs” but when it turned out that there was never any significant number unless you included bus drivers, and janitors and accountants as “green jobs.” Obama has no idea how jobs are created, won’t listen to those who try to tell him, and keeps destroying jobs daily in major numbers. Home Depot is putting 20,000 workers on part-time because of ObamaCare. Walgreen’s is putting 160,000 workers on part-time. The Cleveland Clinic, celebrated by Mr. Obama in countless speeches as one of the best medical facilities in the country, has laid off 3,000 workers. And that’s just this week.
Obama said, in his speech to the Business Roundtable that in order to continue to bring down the deficit:
Now, in order for us to do that we’ve got to do a couple of things. Number one, we’ve got to continue to be tightfisted when it comes to spending on things we don’t need. We’ve got to continue to streamline government. We’ve got to continue to cut out waste. And there’s waste to be had, and there are programs that don’t work or used to work and are now obsolete and we should eliminate. And we’ve identified a whole range of programs that we want to eliminate and programs that we’d like to consolidate.
This is demagoguery at its best. “Continue to be tightfisted when it comes to spending on things we don’t need” — like basic military readiness. “Continue to streamline government.” Bwa ha ha ha. “Cut out waste” — see military readiness. “and there are programs that don’t work or used to work and are now obsolete and we should eliminate” — he has spoken about that at great length in many speeches, there was a policy that required spilled milk on a dairy farm to be treated as a hazardous oil spill, and they eliminated that. Or perhaps he has in mind the coal-fired power plants that the EPA is shutting down , so your power bills will go up and your chance of blackouts or brownouts will increase, in a potentially cooling climate.
The White House website has a new big graphic called “A Better Bargain for the Middle Class,” an exercise in demagoguery. Celebrating things that are not accomplishments, phony claims, appealing to emotions. One statement that particularly caught my eye was “No one who works full-time in America should have to live in poverty”— President Obama.
This, as Mr. Obama’s celebrated “law of the land” is causing all sorts of businesses all over the country to drop their employees from full-time to part-time — 27-27½ hours. To escape poverty those workers will have to find a second part-time job to combine with their shortened hours. ObamaCare is raising costs for most businesses. Obama listens to favorable statistics and drops the rest. He doesn’t know how jobs are created. ObamaCare is creating a disaster in the country, it is unready for prime time. It is clumsy law, poorly devised, and poorly thought out, and may collapse of its own weight, leaving disaster in its wake. And it only involves health insurance. There is no promise of actual care. There are not enough doctors to go around.
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