Monday, December 15, 2008

Where oh where have our jobs gone?

It is a given that if an economy is to grow, demand must increase. For demand to increase, people need to have more money to spend. In order for people to have more money to spend, they have to have GOOD PAYING JOBS!! Why is this a mystery to so many people, especially politicians?

Consider this statistic from the federal government...from 1994 to 2007, net manufacturing employment has declined by 3,654,000. According to the World Resource Institute, manufacturing was 20.3% of our GDP in 1987, and in 2007 it was 11.7%...that's a 43% DECLINE!

By the way, in 2007 the financial services/real estate sector was 20.4% of GDP.

This year alone we've lost millions of jobs and we have politicians who want to see more pink slips come from the auto industry.

We're diving right into another Republican Great Depression. (borrowed from Thom Hartmann)

Wakeup, America! We need to make things again. We need tariffs! We need PROGRESSIVE policies and legislation to begin to counteract the disastrous results of Reagnomics.

People need good, union jobs that pay a living wage...not a minimum wage.

Saturday, December 13, 2008

Truly despicable

It's truly despicable that a small cadre of republican senators actively want to sacrifice hundreds of thousands if not millions of jobs all in an effort to cripple the UAW. It's clear beyond doubt that this weeks killing of the bridge loan legislation for the auto industry was nothing more than an attempted murder of good union jobs in the country. It isn't even politically motivated...union busting will NOT bring in more voters to the republican party!!! Even the Dark Lord, Dick Cheney this week knew the writing on the wall...

At a closed-door GOP lunch on Wednesday, Dick Cheney tried to convince Southern Senate Republicans to pass the White House auto bailout bill. If they didn't, he warned, "it's Herbert Hoover time."

Check out the list of senators who voted YES for 700BILLION dollars for the financial industry bailout, but voted NO for the auto workers...

http://wonkroom.thinkprogress.org/2008/12/12/tarp-yes-auto-no/

Someone get me the transcripts of the hearings with the bankers and financial heads where THESE senators grilled them on THEIR pay, on THEIR EMPLOYEE pay, on how THEY TRAVELED to the hearings, on how THEY are going to restructure their companies to not let this happen again....$700,000,000,000.00 given out without ANY OF THESE QUESTIONS!

With the election of Obama, trickle down Reaganomics HAS to be dead or dying. However, until the next congress, these dastardly senators will do everything they can to maintain life support for policies that are ruining this country.

It's sickening.