The Real JOB CREATORS

I’m Back!!
A friend of mine commented a few days ago that he hadn’t seen a new post here in a while and he even knew the date of my last post. I replied that I was discouraged the failures of my party to own any of the current debates. My pArty, and the supposedly liberal main stream media, are letting the idiots that dominate the Republican Party lie and lie and lie and even when they get corrected, the media doesn’t hold them to account for lying. This has been the dynamic in America’s politics since the election of Barack Obama. Lies about where he was born, lies about his faith and beliefs, lies about what he has said in his speeches, lies about the 2009 stimulus bill, lies about Obamacare, lies about whose policies created the huge deficits we face, lies about lies about global warming, lies about evolution, and then more lies. The list goes on and on.
One of their favorite lies goes something like, “We can’t raise taxes on the wealthiest Americans or on Corporations because they are the JOB CREATORS!!!!!”
God forbid that we do anything to inhibit Job Creation.
In 2010 Republicans across the country ran for election based on their attacks on the President for not fixing the economy and their promises to implement policies that would create jobs.
In other words they lied again.
They are pointing to the wrong people as the Job Creators! Major Corporations in this country are sitting on TRILLIONS of dollars on cash reserves and not hiring in this country. Small businesses have been given all sorts of tax incentives to hire and they are not hiring despite facing the lowest tax burden since the end of WWII. Why are the supposed JOB CREATORS not creating any jobs? Because they are not the JOB CREATORS!!!
You are
I am
Go to a mirror and look at yourself and tell yourself, “I am a JOB CREATOR!!”
Jobs don’t get created because we repeal regulations or lower taxes or worship at the feet of small businesses and big corporations, jobs get created when WE go out and create demand. When we start buying things, that will create demand and then the supposed JOB CREATORS will start hiring people to make or provide those things WE, the REAL JOB CREATORS, want.
Ever since the Bush Tax Cuts, we have been fawning over Corporations and Small Businesses as the JOB CREATORS and look at how well that has worked out for us. Even before the Great Recession, created by the greed of Big Corporations, job growth had been anemic, the middle class was getting it ass kicked, and the rich were just getting richer. And now it’s even worse.
So how do we create more JOBS. Let’s create more Demand!!!
Let’s put a couple of million American’s back to work doing thing that really need doing like fixing our Highways and Bridges and Tunnels and Water Systems and Sewer Systems. Let hire back the Teachers and Police Officers and Firefighters that we fired because we didn’t want to ask the already wealthy to pay something more in taxes.
So let us directly create 3 or 4 million jobs and watch those 3 or 4 million now working people start spending their paychecks and buying the things they want and creating jobs making those thing they want to buy. It really does feed on itself. So if we directly put 3 or 4 million people and the demand they create puts another million or two American’s back to work all those people are creating demand (and paying taxes, something they aren’t doing now).
Cutting Taxes and repealing regulations haven’t worked and won’t work to create jobs. Creating Demand will CREATE JOBS.
So that is what we need to do.
It starts with the President’s newest jobs bill, but that’s only a start.

The President Spoke

I just hope the people listened
And got past the constant din of lies told by Insurance Company lackeys, in Congress and out.

He laid out as clearly as he could what he wants and made it clear that he will not accept a plan the doesn't include some form of competition in the insurance market.

And he made it clear that he will call a lie a lie

It won't stop the lies, some Republican's can't seem to control themselves, but it will put clearly for those who will listen the truth about what is being proposed.

I loved it.

Reagan, The Lies Conservatives Tell Us and a Generation of Greed

In his Presidental campaign against President Carter in 1980, Ronald Reagan was very critical of President Carter because the United States Government was running deficits of $60 Billion a year. He promised to cut taxes by $60 Billion/year and to raise defense spending by another $60 Billion/year.

Think about that. He knew he was going to inherit a $60B deficit. And then he was going to cut taxes by about $60B. And on top of that, he was going to increase spending by $60B dollars.

That adds up to a deficit of about $180Billion.

He also promised to balance the budget.

I guess 2 out of 3 isn't bad.

Reagan got elected by telling America a lie. George HW Bush refered to it as Voodo Economics. He was telling the truth then.

America chose to believe the lie. And Republicans have been repeating the lie ever since.

George HW Bush saw the light and told the same lie and got himself elected.

And the idiot in Chief who currently occupies the White House got himself elected by telling the lie over and over and over again.

Here's the truth.

Tax Cuts, that are NOT by matching Spending Cuts, stimulate the economy in the short term. they don't seem to stimulate the economy anywhere close to as much as Republican's claim, but they do stimulate the economy. Its a what liberal economists have been proposing since the New Deal. Create Budget Deficits and those deficits will spur economic growth.

As the economy grows, partially as a response to the added impact of the budget deficits, tax revenues eventually return to where they were before the tax cuts. Unfortunately government spending has continued to grow with the economy and we are left with continuing deficits that are a direct result of the tax cuts.

The accumulated Budget Deficits, called the National Debt, place a lot of pressure on credit markets, driving up interest rates and slowing economic growth.

In recent years, much of the new National Debt (which has literally doubled under the idiot in chief) has been sold to foriegn banks and governments, particularly China and Japan. Selling that much debt to competitors/advesaries creates a significant strategic risk.

In the long term, the tax cuts and their resulting deficits, have little or no stimulative effect because of the resulting increased interest rates. Some studies indicate that tax cuts and their resulting deficits actually retard economic growth in the long term.

Despite all this. Despite all the studies that show that they are not telling the truth, Republican's keep telling the same lie

And as a nation we believed them.

Despite the absolutely nonsensical aspect of the lie, we believed it. Despite the balloning deficits, we believed it.

Because we wanted to.

I blame my generation. We heard the lie. We saw all the evidence that it was a lie. We watched the deficits grow to almost 100% of the Gross Domestic Product. But we were getting the benefits of the deficits and knew that we woulnd't have to pay the debt. Unconsionably, Immorally we have chosen to believe something that we have to know is a lie so that we dont' have to take responsibility for our own debts.

Principally for this reason, I view the Reagan Presidency as a disaster. He taught his party the lie and our kids and their kids will be paying and paying and paying.

And my generation chose to believe the lie.