A House On Fire THE BURNING HOUSE
Friday the monthly Jobs report came out and as usual it was in the eye of the beholder. No sane person is ever going to be pleased with a report that does not grow jobs at a fast rate. But the doomsayers who are saying this report was not a good one is just beyond my comprehension. For the 30th month in a row, there was job growth. These reports need to be viewed in the prism of how far we’ve come. To recap, when Mr. Obama took office, the U.S. economy was losing jobs at about 750,000 a month. Even though the numbers increasing are not in the half millions, they are going in the right direction. So the question remains, do you want to go forward or go back? I was around in 2009 and paying attention. After my cancer situation of 2006 through 2008 I thought I was home free. Who gets laid off from a Health Care Insurance carrier that has a 60 million dollar surplus and 900 employees? I did. And about 42 others. We were part of that 750,000 jobs lost. The economic house of America was burning down. And it wasn’t only in Northeastern Pennsylvania. It was a across the country. GM was weeks away from going broke. Manufacturing had pretty much ceased and banks were not lending any money. People were losing their houses. (And I’m not going to make moral judgments on whether they overshot their American dream with something bigger or better, they were going to be put out.) And if you did decide to spend money using credit cards, you could be sure if you were a minute late on that payment, you’d get hit with fees that would make a loan shark seem like an innocent. The House was burning down. Period. The Obama Administration set about putting the fire out. The Stimulus Plan should have been bigger but Obama was fought by unpatriotic in his own party. And he should have knocked heads together and made their political lives miserable. (Instead he watched the Super Bowl with them!) The GOP on the day after his Inauguration said , “We won’t help”. The fires thanks to some prudent economic policy were put out. But the rebuilding is tough. The house was leveled. Brick by economic brick this administration has had 30 months of job growth. Republicans will tell you it’s not good enough, not fast enough. I agree. But you can’t take charred remains and turn them into silk. Here’s a statement regarding the latest Jobs report and I’ve highlighted some important points.While there is more work that remains to be done, the recent employment report provides further evidence that the U.S. economy is continuing to recover from the worst downturn since the Great Depression. It is critical that we continue the policies that are building an economy that works for the middle class as we dig our way out of the deep hole that was caused by the severe recession that began in December 2007. To create more jobs in particularly hard-hit sectors, President Obama continues to support the elements of the American Jobs Act that have not yet passed, including further investment in infrastructure to rebuild our Nation’s ports, roads and highways, and assistance to State and local governments to prevent layoffs and to enable them to rehire hundreds of thousands of teachers and first responders. To build on the progress of the last few years, President Obama has also proposed an extension of middle class tax cuts that would prevent the typical middle class family from facing a $2,200 tax increase next year. The report from the Bureau of Labor Statistics (BLS) shows that private sector establishments added 103,000 jobs last month, and overall non-farm payroll employment rose by 96,000. The economy has now added private sector jobs for 30 straight months, for a total of 4.6 million jobs during that period.
The household survey showed that the unemployment rate declined from 8.3% to 8.1% in August.
Employment rose notably in leisure and hospitality (+34,000),
professional and business services (+28,000),
health care and social assistance (+21,700),
and wholesale trade (+7,900).
Manufacturing lost 15,000 jobs, including a 7,500 drop in motor vehicles and parts, which is partly payback for their having been relatively few seasonal auto plant shutdowns in July. Over the past 30 months, manufacturers have added more than 500,000 jobs.
Let me turn to government. I know I have been a bit harsh on public employees, especially those who work at the Luzerne County Courthouse. If I seemed a little nasty, I apologize. But with so many people saying government is not the answer, it is tough to defend that when you have a guy selling cars on the side and people bitching about not working an eight hour work day. Government helps our society function. And when GOP partisans say that government should be cut, the government is too big or I want government out of my life (except of course in the case of their women’s vaginas) look at these figures.
Government lost 7,000 jobs, as state government payrolls fell by 6,000 and local governments shed 4,000 jobs. Since February 2010, State and local governments have lost 504,000 jobs. Seems like there is more crime in the neighborhood? Can’t get through to that State agency you have to get an answer for on an issue important to you? Worried about why that state flood money is being processed so slow? It’s because government jobs were lost. That’s not the President’s fault, it is because there is a war on government. Paul Kanjorski said it best, “When you drink a glass of clean water or eat a piece of meat, you don’t give it a second thought because government made taking that step safe for you!" But the GOP will rail about big government. That burning house is still standing. Being rebuilt. And no one in this country could have done anything different. And if they said they could, where the hell were they? Oh yes, that’s right, they were saying NO.
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