What failure looks like

Posted by: Barthélemy Barbancourt

Tagged in: Untagged 

WASHINGTON (AP) — Americans cut their spending in June for the first time in nearly two years after seeing their incomes grow by the smallest amount in nine months. The latest data offered a troubling sign for an economy that is adding few jobs and barely growing.

Consumer spending dropped 0.2 percent in June, the Commerce Department said Tuesday. It was the first decline since September 2009.

In a related story:

Democrats cry betrayal on Obama debt deal

DEMOCRATS turned their fire on President Barack Obama after he reached a deal with Republicans on raising the US debt level, accusing him of a capitulation that has harmed his chances of re-election next year.

Representative Emanuel Cleaver, a Missouri Democrat, said of the deal: ''On the surface it looks like a sugar-coated Satan sandwich.''

 Another Democrat, Cedric Richmond, of Louisiana, said he feared it would have a devastating impact on the working and middle classes. The bill was expected to pass the Senate.

So we have the Democrats ignoring the damage their policies have done and throwing a tantrum because our country has taken baby steps towards fiscal responsibility?

Why do liberals think more government spending will create private sector jobs? Obama has proven that more spending equals less jobs.

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 tim-The Dyslexic Blogger
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written by tim-The Dyslexic Blogger , August 02, 2011

Because they cant see passed the over stuffed wallet in there back pocket, and the money in the aluminum foil in the freezer



Woody
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written by Woody , August 02, 2011

Har Har Har Timmy!


 tim-The Dyslexic Blogger
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written by tim-The Dyslexic Blogger , August 03, 2011

Hay KnotHole you have been told before my name is Tim or Timothy.

If you have any other comment to make about my post I would suggest you bring that up because right now that is what your side is doing. Trying to pour more money down a rat hole that will never fill up just like good old Charley Rangle(sp). and Frank and Dode they can't say NO ever and its every ones else fault when it goes bad.

All the democratic party is doing right now is acting like 2 year olds that had there candy taken away.



TomC
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written by TomC , August 03, 2011

All the debt talk yesterday and the all the talk on the new bill with the "cuts" and no one mentioning that there are no cuts. The only "cuts" that were made were off this 7.5% increasing baseline the is projected into the future.

At 7.5%, the budget doubles in 9 years to $7T. Tax receipts are increasing dramatically slower, but even if they keep pace we can easily see a $33-38T debt in 10 years. something dramatic must be done.



Woody
something drastic must be done....
written by Woody , August 03, 2011

but I don't feel a sense of urgency from DC. Congress goes on recess for August and we wait for the "Super Committee" to report back with recommended cuts and revenue sources in NOVEMBER! As for the "cuts" well they are not well defined yet just numbers with no home. Overall, this was a gutless piece of legislation passed at the last minute (again) that really does not do much to solve the debt problem. Guess well have to wait until November.


Barthélemy Barbancourt
Well there is something we agree on
written by Barthélemy Barbancourt , August 03, 2011

Woody, can you explain how Democrats plan to run the country with no cuts?

Also, many Democrats said that these cuts would hurts jobs, but the government doesn't create private sector jobs. They only create jobs that require funding by the private sector.

I agree that the government is required to maintain an environment for private sector jobs, but this isn't what democrats are saying. Do they really think that the government creates jobs?



Woody
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written by Woody , August 03, 2011

I'm not throwing mud at Republicans only here Bart; there's plenty to go around. The Democrats have conceded to accepting cuts as part of the budget bill we're just not sure what these cuts will consist of at this time. The government creates government jobs and private sector jobs thru grants and by maintaining an environment for these jobs as you indicated, etc.. but these jobs are all jobs and severe cuts to some of these programs are going to have an effect on the overall unemployment rate which could very well be by design as we head into 2012. Government jobs to some extent are necessary Bart and they always will be.


Barthélemy Barbancourt
No arguement about some govt jobs.
written by Barthélemy Barbancourt , August 03, 2011

We all need a functioning, honest department of records and deeds, this is the basis for most American wealth. We can argue over the size and scope of the police, EMT's and fire department, but we all should agree that we need them.

The issue I have with liberals is that they confuse a wealth draining government job with a wealth creating private job. It takes many private sector workers to support one government job, so that job has best be critical and done efficiently. It takes the taxes of about 30 people to support one cop, and I'm cool with that.

It also takes 30 people to support one selective service employee or an NPR employee or a Job killing global warming douche at the EPA. I am so not OK with those "jobs".

We will alwasy argue over the proper size and scope of government, but when we need to borrow 40% of our budget just to cover expenses, the time has come to cut government and work harder on streamlining it. Washington DC is filled with failed plans to streamline government, the one thing that hasn't been tried is the "Starve the Beast" plan. If we cut deep enough, agencies will be forced to get more efficient. This happens everyday in the private sector.



 tim-The Dyslexic Blogger
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written by tim-The Dyslexic Blogger , August 03, 2011

"Government jobs to some extent are necessary Bart and they always will be"

Yes woody some government jobs are needed but not at the accelerated rate that this administration has created them. all a government job is ultimately is a drain on the private sector because they take money that could be used by the private sector to create a job that is not a drain on public funds.

"The government creates government jobs and private sector jobs thru grants" How does the government create private sector jobs through grants? Woody would you please enlighten me on this item.

How does a government grant create, and then keep a job for anything more then a the year the grant is in place, and again it is a drain on the public sector to make that job because it is taking public funds that could be better spent by the person or public sector company.

It is not the governments job to compete against the private sector in creating and maintaining jobs. There is a limited amount of jobs that the government should be looking at doing not this ever expanding monstrosity the Obama administration has made it out to be.

it is time to put the government on a massive tax diet and to starve the beast called the federal goverment back down to the slim trim body it was before the early 20th century.




Nobody
tTDB;
written by Nobody , August 03, 2011

Did you get a new spell check/grammer prog? Good post.



Woody
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written by Woody , August 03, 2011

The government does create and save public sector jobs (government contractors, GM and Chrysler bailouts and purchase of private sector goos to name a few) Gov't grants thru the Small Business Administration, et al and small business start up loans creat private sector jobs. In regards to profit, the private sector has always out performed the public sector in turning a profit and, for the most part, they are pretty good at it. Public sector jobs are geared more towards providding an essential public service. I could care less if my Fire Department turns a profit or not; I want them to protect my property from burnng down. Kudos to the local FD by the way, they do a hell of a good job! How about some incentives for the private sector creating private sector jobs. I agree with you Tim that it is not the governments job to compete with the private sector in job creation but to provide essential services to the citizenry. I realize their is some fat that can be trimmed but a "massive tax diet" is not the answer either. Reasonable cuts coupled with revenue generation is the way to solve our debt crisis. I don't want to saddle my kids with this debt Tim!

The Republicans made job creation their number one priority during the 2010 campaign yet they have failed to produce one piece of job creation legislation to fulfill this promise that I am aware of. Instead freshman congressman focused on banning gay marriage and repealing "Obamacare". If I was unemployed and in the final weeks of my ubnemployment compensation with all of this nonsense going on I'd be PISSED! Hell I'm gainfully employed and living quite comfortably and I am PISSED at this nonsense. How about this for an incentive; tax penalties for corporations that export jobs that can be performed in the US and I'm speaking mainly of the manufacturing sector here. I try as hard as I can to buy American made goods and it's pretty damn difficult these days. I know a bill that touched on this recently failed in the Senate under claims that it would reduce the competitive edge for American companies. I understand the point made here but this sort of legislation must be refined and pass to help make a difference. In the meantime, the Republicans managed to get a budget bill passed without tax increases for the foreseeable future so I guess we'll see if the "job creators" put their money where their mouth is.



jk noreen
Duh
written by jokin , August 03, 2011

"The Republicans made job creation their number one priority during the 2010 campaign yet they have failed to produce one piece of job creation legislation to fulfill this promise that I am aware of. Instead freshman congressman focused on banning gay marriage and repealing "Obamacare""

Repealing Obamacare would be the all-time "job creation legislation" in the short American history of the 21st Century. Remove the pink eyeshade already!



jk noreen
How about this for the stupidest idea of the month?
written by jokin , August 03, 2011


written by Woody , August 03, 2011


"How about this for an incentive; tax penalties for corporations that export jobs that can be performed in the US and I'm speaking mainly of the manufacturing sector here. I try as hard as I can to buy American made goods and it's pretty damn difficult these days."

Talk about having it ass-backwards! Like Obama, you must want to be sure to chase every last manufacturing job out of the country. Positive incentives work much better and fit in the spirit of how this country was founded. Incentives in the way of:

1)reducing taxes
2)cutting the costs imposed by the government just to employ a single worker
3)streamlining the labyrinthine regulations and hoops to jump through just to maintain a business
4)Repealing the minimum wage law
5)Cutting off illegal immigration will stanch the depressing effect on American wages

these all will work a lot better than Stalinism-lite, Woodrow! And they kind of fit in to that American ideal that you claim to revere, Wood- namely, those old ideas of liberty and a healthy free-market economy

Oh wait, maybe you meant imposing a Skim-Milk Maoism, instead, after all, Mao's most famous quote is one I'm sure you admire-

"Political power grows out of the barrel of a gun."

And from there, we can implement the Great Leap Forward, and then when that fails, we can try the Cultural Revolution on for size. Eventually we'll find just the right amount of negative incentives that will please you.




Barthélemy Barbancourt
What would Obama sign?
written by Barthélemy Barbancourt , August 03, 2011

First, why create a bill that makes American corporations less competitive? if you ban shipping jobs over seas, the corporation will just head overseas. Where is the evil Haliburton today? Hiring 6 and 7 figure employees in the UAE.

Now, which of these job creation bills would Obama sign?
Drilling in ANWR
Reducing the Environmental impact requirements
Dropping Capital Gains taxes (his own committee recommended this)
Cutting corporate taxes (Ditto)
Opening more of the Gulf to Drilling
Legalizing and taxing Pot (Jobs and taxes in one bill!)
Limiting the power of the NLRB and letting Boeing build a new plant
Building a new oil pipeline from the Canadian tar sands to US refineries
Wiping out the Jones act to encourage more US Shipping

I could go on forever, but you see that Obama will never sign a bill that creates actual private sector jobs.



Woody
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written by Woody , August 03, 2011

I figured you wouldn't understand jokin but I get a kick out of your infatuation with my words. It's quite touching smilies/wink.gif



Nobody
Woodhead
written by Nobody , August 03, 2011

Have you ever dealt with the SBA? Last time I did they had a 10 to 1 asset to debt ratio to get a loan. (they didn't give "grants"). Oh BTW I've never seen a cargo container at Long beach marked "Jobs". Get the EPA et al, of the backs of America. You may want union made $20 socks and $50 T-shirts, I don't. What, you hate for poor people for wanting to have cheap stuff ?


jk noreen
Woodrow's flag of surrender
written by jokin , August 03, 2011

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written by Woody , August 03, 2011

"I figured you wouldn't understand jokin but I get a kick out of your infatuation with my words. It's quite touching"

I understand perfectly, I take your "touching" and deflecting response as complete surrender to the facts, as you have yet to refute any of the arguments as presented. I'm willing to toss your sword back if you care to attempt to resume the epee.





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