Look, there is no positive side to this thing whatsoever.
Anyone who thinks this garbage is going to spur job growth is in a dream state. That cannot possibly happen. Look corporations are filthy rich right now, and as a result of the richness have they added employees or cut employees?
The answer is - they have cut employees, they are NOT adding jobs. The "job creators" are rolling in dough and have not created jobs. What obvious in your face reality about this escapes anyone. Its just a pipe dream to think otherwise.
CS Monitor: What will debt-ceiling deal do to the fragile US economy?
...damage an already fragile recovery from recession.
...the fiscal compromise doesn't exert either a big braking effect or a big forward push.
Already, state and local governments are cutting jobs, and the effects of the 2009 federal stimulus package are starting to fade out.
4 comments:
The job creator meme was a clever rationalization or "frame" dreamed up by one of the many rt. wing non-think tanks to reframe the whole income debate. They spread this noxious BIG LIE around like a smothering blanket of CO2. It is meant to short circuit any talk of "fairness" from the left. It has worked. How can anyone belittle or speak poorly of the CREATORS? God forbid! In fact the use of this term is elevating isn't it? These folks are seen by the right as having "divine power" like the GODS themselves, they create and destroy jobs. The rest of us are in their lexicon are the "useless eaters," ( not a very flattering take on the rest of us is it?) So you see how the logic works here? If you believe this and they do, you MOST remove as much $$ / energy / wealth from the useless "eaters" and give it to the GODLY CREATORS. In this worldview wealth and God like attributes are synonymous. Workers, Unions, so called entitlements / redistribution etc. are all very BAD. Worker ants or bees as they call us are just that mindless robots to be directed and worked to death for the greater good of the military bees and the elite Queen / King and her Corp. aristocracy, that surrounds her/ him/ them. Its a decidedly feudal and medieval view of society. No room for democracy in this worldview. NONE.
The fundamental point still remains and we go, or should I say I go, into denial about it. Authoritarians reject democracy.
Its all about a Christian theocracy.
It seems some in the Progressive punditocracy today are thinking the same way about this as I am. Read this article I just read at the Smirking Chimp Site. http://www.smirkingchimp.com/thread/rj-eskow/37683/stock-market-plunges-the-free-market-god-is-angry-with-his-followers
Good article - he is also on the money. In November of 2012 anyone running for political office should point to the Tea Party as the reason for the failing economy. Blame it on the Tea Party. Its all going to fail. The debt deal is going to drown the economy just like holding a rat under water in a rain barrel.
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