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Triana

(22,666 posts)
Sat Nov 9, 2013, 02:31 PM Nov 2013

Natural Born Job Killers: Republicans Are Set to Kill 1 Million More Jobs in 2014

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On Friday the government reported that the country added around 204,000 jobs in October, but despite the increase, the unemployment rate rose to 7.3% over the same period. The October report took into account that 800,000 government workers were furloughed for all or part of the Republican shutdown, and although many were counted as unemployed and on temporary layoff for purposes of the unemployment rate, they were also counted as employed by the government in employment figures because they were eventually paid. Still, federal government jobs were reduced by 12,000 for the October report that certainly excited Republicans.

Likely, the unemployment rate increase is a result of the Republicans’ precious sequestration cuts that were predicted to kill about a million jobs over the next fiscal year, and Americans should brace themselves for more job losses due to, at the very least, the food stamp cuts that began on November first. There will certainly be more jobs lost due to House Republicans’ intention to cut food stamp spending by ten-fold, or more, according to Paul Ryan and Republican budget negotiations founded on austerity madness.

When Republicans swept into the House in 2011, they promised their highest priority was job creation, but they started the 112th session with budget cuts that killed over a million jobs causing Speaker John Boehner to say “so be it.” Boehner’s cavalier attitude about killing jobs was a portent of the next three years of Republican austerity insanity, and according to an International Monetary Fund (IMF) report, “the evidence is overwhelming that by failing to respond effectively to mass unemployment, by not even making unemployment a major policy priority, austerity has done immense long-term damage to America’s economy” that Republicans claim is doomed unless they enact more job killing austerity over the next decade.

The consensus at the International Monetary Fund research conference was that by not focusing on unemployment, the Republicans’ austerity has already reduced America’s economic potential by around 7% which means America is poorer by more than $1 trillion a year. Unfortunately for the American people and the nation’s economy, the damage is not just for one year, it is long-term damage of $1 trillion a year for multiple years. Republicans have screamed that the long-term deficit poses an existential threat to America as a reason to slash domestic spending, and it is the primary reason absolutely nothing has been done about the unemployment epidemic killing the economy and Americans’ financial security.


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THE REST:
http://www.politicususa.com/2013/11/09/natural-born-job-killers-republicans-set-kill-1-million-jobs-2014.html
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Natural Born Job Killers: Republicans Are Set to Kill 1 Million More Jobs in 2014 (Original Post) Triana Nov 2013 OP
If I had my way. roamer65 Nov 2013 #1
We need to brainstorm about making our own jobs Samantha Nov 2013 #2
"We want America to FAIL. Sneer. Smirk." - RepubliBaggers Against America (R) Berlum Nov 2013 #3

roamer65

(36,739 posts)
1. If I had my way.
Sat Nov 9, 2013, 02:46 PM
Nov 2013

I would decrease QE, but come out with a massive 250 billion per year jobs program. The banks are sitting on enough cash. We have to get people jobs so they will borrow some of that QE money and get the economy going.

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