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Pass it on. People need to know that the Republicans are continuing their attempts to bring this nation to its knees economically. First, they caused the Great Recession. Second, they opposed all of President Obama's attempts to prevent the Great Recession from turning into the Second Great Depression. Now they seek to destroy the weak but growing recovery.
The House Republicans’ proposed cuts are part of a war on jobs, and today, fresh on the heels of the analysis by Goldman Sachs, we have another independent economic analysis (PDF) to verify it. According to Mark Zandi, chief economist at Moody’s Analytics, the specific cuts pursued by the GOP would result in 700,000 fewer jobs. From Washington Post
Originally posted by 46ACE
Would it do any good to debate figures of such a post?
Cutting 700,000 government funded jobs?
and this is a bad thing?
smaller govt? Good!
Govt doesn't produce anything
SORRY: CUT-EM AWAY.
"tough love" is now on the menu."kos" kids..
Originally posted by mayabong
reply to post by Amaterasu
I hope you find another job. This big government is unsustainable especially with the economy going down the # tubes. As he said government jobs that are payed with taxpayer money really aren't contributing anything to the economy.edit on 28-2-2011 by mayabong because: (no reason given)
From now on, whenever you hear the term “the global economy” you should immediately equate it with the destruction of the U.S. middle class. Over the past several decades, the American economy has been slowly but surely merged into the emerging one world economic system. Unfortunately for the middle class, much of the rest of the world does not have the same minimum wage laws and worker protections that we do. Therefore, the massive global corporations that now dominate our economy are able to pay workers in other countries slave labor wages and import the products that they make into the United States to compete with products made by “expensive” American workers. This has resulted in a mass exodus of manufacturing facilities and jobs from the United States.
But without good, high paying jobs the U.S. middle class cannot continue to be the U.S middle class.
American workers now must directly compete for jobs with millions upon millions of workers on the other side of the world that toil away for 15 hours a day at slave labor wages. This is causing jobs to leave the United States at an almost unbelievable rate, and it is putting tremendous downward pressure on the wages of millions of jobs that are still in the United States.
What makes things even worse for manufacturers in the United States is that other nations often impose a “value-added tax” of 20 percent or more on U.S. goods entering their shores and yet most of the time we do not reciprocate with similar taxes. But whenever someone mentions how incredibly unfair and unbalanced our trade agreements with other nations are, they are immediately labeled as a “protectionist”
Well, someone should be looking out for U.S. interests when it comes to trade, because the current state of the global economy is ripping the U.S. middle class to shreds.
We cannot allow tens of thousands of factories to continue to leave the United States. We cannot allow millions of jobs to continue to be “outsourced” and “offshored”. We cannot allow tens of billions of dollars of our national wealth to continue to be transferred into foreign hands every single month.
The truth is that the global economy is bad for America. The following are 23 facts which prove that globalism is pushing the standard of living of the middle class down to third world levels….
Originally posted by canard18
reply to post by 46ACE
This will kill the jobs of many of the Republican's strongest supporters, like veterans. Many government workers are former Military who won't be happy to be loosing their jobs. This could hurt Republican support in the next election.