Skip to comments.Threat from mounting public job losses tested Obama’s economic strategy
Posted on 04/29/2012 6:49:05 PM PDT by Oldeconomybuyer
As the economic recovery has struggled to pick up speed, one of the biggest stumbling blocks has been job losses in state and local governments, which have been on the rise for much of President Obamas term.
Today, as Obama seeks another term, the heavy job losses at the state and local level remain a significant economic concern.
Since the beginning of his term, state and local governments have shed 611,000 employees including 196,000 educators according to government statistics. Unlike the recovery in private-sector employment that Obama and his reelection campaign often cite with businesses adding 4 million jobs since hiring hit its low point in 2010 the jobs crisis at the state and local level has continued throughout his term.
The state and local job losses are significant for several reasons, economists say. For one, these losses have a broad social impact. Laying off teachers means larger class sizes and fewer after-school programs, for example.
Whats more, federal aid can go directly to state and local governments to prevent job losses, a relatively effective way to sustain economic growth. (Tax cuts, by contrast, can lead indirectly to job growth if they increase the amount of money consumers spend.)
(Excerpt) Read more at washingtonpost.com ...
E-mail from unknown stating truths, as far as I can tell.
Look carefully at the 2014 rate compared to the 2013 rate. For those
of you who are on Medicare, read the following. It’s short, but
important and you probably haven’t heard about it in the Mainstream
“The per person Medicare Insurance Premium will increase from the
present Monthly Fee of$96.40, rising to:
$104.20 in 2012
$120.20 in 2013
$247.00 in 2014
These are Provisions incorporated in the Obamacare Legislation,
purposely delayed so as not to confuse the 2012 Re-Election Campaigns.
Send this to all Seniors that you know, so they will know who’s
throwing them under the bus.
REMEMBER THIS IN NOVEMBER 2012 AND
From now thru November 2012 this
should be required weekly or at least monthly
Reading - BY ALL WHO VOTE!!!
Did you notice who Obama threatened when he wasn’t getting his way on
raising the debt ceiling?
He threatened to not pay: Social Security Retirees, Military Retirees,
Social Security disability and Federal Retirees.
Now.. Let this sink in really good -
He did not threaten to stop payments to illegal aliens
He did not threatened to take frivolous benefits such as Internet
access away from violent inmates
He did not offer to fire some of the thousands of unnecessary federal
employees that he hired
He did not offer to cut down on his or his wife’s frivolous
He did not threaten to not pay the senators and representatives or any
of their staff
He did not threaten to take benefits away from welfare recipients
He did not threaten the food stamp programs
He did not threaten to not pay foreign aid
He did not threaten to cut back on anything that involves his base voters
He did not stop federal emloyees from flying 1st class asand make them fly economy.
The list could go on and on. He is in full political re-election
mode! Why are we allowing this person to destroy this wonderful country with his selfishness and his lies? His type of change is killing our country.
Here in NJ we’ve been fortunate, laying off many cops, firemen, and teachers; Obama’s attempts to steer funds to their unions were thwarted by our governor’s tax cap. Early lame attempts by Obama to keep these workers on the public teet failed because there was no ongoing funding; as the fed funds dried up, state & local funds couldn’t produce the needed revnues to keep the gravy train going (with no additional revenue sources - you can’t squeeze blood from a stone).
Those laid-off workers are screwed; there won’t be demand for their skill sets here in NJ for decades. The senior workers in those jobs often top $100K annually, and have little incentive to retire.
“one of the biggest stumbling blocks”
Is the B O in the WH.
Snopes says that’s bogus - http://www.snopes.com/politics/medical/medicare.asp
Poor Washington Post crying for all the lost government jobs. Each reduction in a government job increases funds for the private sector and helps the economy improve. It also reduces the power of the GD Communists who take over too many reins of power at every level. I say hooray for all the loses in government jobs. May thet continue unabated and maybe even accelerate!
“Threat from mounting public job losses tested Obamas economic strategy”
Obamas “economic strategy”? Who the hell are we kidding?
I live in SoCal:
The pot holes continue to deepen and previously initiated road work ontinues, at about 1/3 speed.
The planned for, and partially funded, "natural" recreation center (on otherwise condemned land) has died and libraries are being closed.
As far as I know, no clerks or functionaries have been laid off.
No one has lost a nickle of welfare.
City officials continue to collect salaries and get raises.
The entire state continues to race toward bankruptcy.
What's not to like?
NOT WITH THIS VOTER, they don't. Frankly, they are not heavy enough. Fire the lot of them.
I caught that too.
I wonder if the author's nickname is "Wrong Way", because he's headed in the wrong direction on having any economy left.
He's got to get off his tuckus and find real data, not just use failed DNC/WH/Communist/Socialist/Fascist talking points.
“The pot holes continue to deepen and previously initiated road work ontinues, at about 1/3 speed. The planned for, and partially funded, “natural” recreation center (on otherwise condemned land) has died and libraries are being closed.”
This is the way public servants punish the public when it doesn’t pay enough taxes.
Exactly! Seems to me the simple solution is to raise taxes and get those government workers back on the payroll so we can “continue” The Recovery. Heck, REALLY raise them so we can ADD public workers and we’ll look like the Roaring Twenties again!
You can bet that the Human Rights councils, the LGBT affairs offices, and the Sustainability departments will be absolutely untouched. So, the police, firemen, emergency response personnel, and even the sanitation and road engineers will bear the brunt of the layoffs, until they hurt; then, citizens will BEG for a tax increase. This is the modus operandi of blue states and cities.
Rest assured I will vote in November.
It will be for a conservative.
If the Republicans run one, then that will be the conservative I vote for.
If they run Romney, then it won’t.
“As the economic recovery has struggled to pick up speed, one of the biggest stumbling blocks has been job losses in state and local governments,”
Yeah, government employment loss is a stumbling block to economic recovery.
I’ll comment further when I can stop laughing.
Obama has an economic strategy?????
The teachers fared bette then the police & fire (stronger union), but even some of them were cut loose. It is unsustainable. The roads are already crap because of the retirement costs of the road maintenance guys who retired 20 years ago; you’d think you were driving in Mogadishu.
You bet he has - to drive a stake through the heart of capitalism.
Of course Snopes would say that.
I’ll take my own eyes and ears over Snopes any day.
Rest assured Medicare WILL go up, just as my benefits have gone down.
Is Snopes wrong when it says that premiums are not going to $247/mo in 2014?
Rest assured Medicare WILL go up, just as my benefits have gone down.
That's not the same thing as buying into an email rumor that says premiums will more than double in 2 years.
Yeah? Put this on your calendar and we’ll see in 2 years.