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Letters to the Editor

Timid efforts

September 2, 2011

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To the editor:

Congresswoman Lynn Jenkins has just sent me an email, unveiling her version of a jobs plan.  A good, old-fashioned matchmaking event at the Topeka Expocentre, where throngs of unemployed Americans can claw their way through a crowd of equally desperate men and women looking to land the perfect mate. I mean a reasonable match. I mean any job whatsoever.

It’s as if no one in Washington gets it. We don’t need to introduce employers to the unemployed — they can throw a rock and hit one every 10 feet. We need to introduce employers to new customers. Sales create jobs. The problem is that too many households are still struggling with high debt levels, so spenders have become savers. Until households finish deleveraging, there will be no new customers to support private businesses.

The government could help provide that demand — directly, through a job guarantee program modeled on the Works Progress Administration (WPA), or indirectly, through a full payroll tax holiday and another round of revenue-sharing for the states. But no one in Washington will support anything that bold. And so people like Lynn Jenkins will settle for a matchmaking event that promises to pair hundreds of potential employers with thousands of job seekers.

Comments

Ron Holzwarth 3 years ago

"But no one in Washington will support anything that bold."

I believe that's correct. Because that might give the population a clue that we might be in the middle of a depression.

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cato_the_elder 3 years ago

Congress could also:

  1. Lower corporate income tax rates.

  2. Abolish the capital gains tax.

  3. Abolish the estate tax.

  4. Provide assurance that personal income tax rates will remain at present levels.

  5. Repeal Obamacare.

  6. Repeal Dodd-Frank.

  7. Get rid of burdensome government regulation that stifles business growth.

If all of the above were done, jobs would begin to materialize quickly and our country would begin to prosper.

Government cannot create prosperity. Only free enterprise can, to the extent that government gets out of the way.

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akuna 3 years ago

Very true Agnostick. Cato's list caters to the rich. Furthermore, I don't believe his list will do anything worthwhile for the job market.

Taxes have been reasonable for the super-rich since the Bush tax break. The low taxes haven't translated into more jobs.

The super-rich have accumulated more wealth since Reagan than they have ever had, yet they still don't provide adequate jobs.

The last thing Clinton did was reduce regulation on the financial market, look where that got us. The super-rich and those striving for it are greedy, greedy, greedy. They will game the system in as many ways as they can. They've proven it - Enron, Bear Stearns...

The health-care system has been eating away at our GDP numbers for a couple of decades. At least a Obamacare takes a stab at solving the problem. Something that Reagan, Bush, or Bush Jr, wouldn't even consider trying to fix.

Cato's list is a delusion. The only tax break that may help, is a payroll tax holiday... as long as it comes with hiring stipulations.

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Cant_have_it_both_ways 3 years ago

They will game the system in as many ways as they can. They've proven it - Enron, Bear Stearns...Unions, SRS, Library, Public Transportation...

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cato_the_elder 3 years ago

Akuna, since what you "believe" is clearly wrong, it's irrelevant.

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tbaker 3 years ago

Yet another strawman fail

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moonflower 3 years ago

Seeing that these would be your response to an economy that is going well it's pretty hard to all excited by the novelty. instead let's try something that will really work, 1. blood letting 2. phrenology 3. castor oil 4. myrrh 5. a good ol' Hootenanny 6. Bill Synder 7. eye of gingrich

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scott3460 3 years ago

Because the republicans and george w. bush were SO good for the country!!!!

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scott3460 3 years ago

Pointing out that the prior result of republican rule was a disaster is not "blaming bush." It is stating a fact. Many here would prefer not to be confronted with the fact, but a fact nonetheless. And, no, there will be no self-serving time limits imposed by right wingers on expressing it.

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Jimo 3 years ago

This from the nut who said: "The notion that the Bush administration is responsible for the state of our economy when Obama took over is the biggest lie promulgated by the Hard Left in my lifetime."

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Cait McKnelly 3 years ago

Go see how well that worked out for Hebert Hoover.

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scott3460 3 years ago

  1. Repeal the bush tax cuts an use the money to pay for infrastructure improvements.
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jhawkinsf 3 years ago

If you really wants jobs created, go out and create them. Begin with creating a job for yourself. If that works out well, and you're able to, create a job for someone else. Politicians who say they will create jobs are blowing smoke up your, well, you know. And if you expect companies to take care of you, well, guess again. And if you think you don't have it in you, you're selling yourself short. But if you choose the government way or the company way and it doesn't work out, and you want someone to blame, look in the mirror.

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OonlyBonly 3 years ago

Sure thing and while we're at it let's talk about some property I'd like to sell for a good price - right on the oceanfront in Utah......

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jhawkinsf 3 years ago

Hey, with no family history of entrepreneurial endeavors, I open three businesses. One failed miserably while the other two succeeded beyond my wildest dreams. Now, nice house, kid in private school, etc. Sure, the 80 hour work weeks, no vacations for years on end, delayed family, etc., it was hard. But no boss, no wondering if the company would move my job offshore. No one telling me my work was good enough for government work.
I'm suggesting there is a new way, the old way.

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avoice 3 years ago

And as soon as you create a job for yourself, realize that your income may have to cover several types of insurance as well as your share of the payroll taxes that would otherwise be paid by the "company." Make sure no customers are going to rip you off, because there is no safety net for that, just loss of income. If you do manage to handle all your taxes and overhead and still make enough money to justify hiring someone, now you have to cover even more taxes and insurance because you have employee(s) and that brings worker's compensation, additional payroll taxes, administrative expenses of handling your payroll, and pretty soon it will also require providing health insurance. If you hire anyone who has any type of garnishment (such as child support), you will also be the "nanny" responsible for collecting that from your employee and paying it to the appropriate legal, state or federal agency. Now that you're in deep, be extra sure you never have a down month because all of these bills are going to keep coming at you whether the customers show up or not. Good luck with that.

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jhawkinsf 3 years ago

Yes, exactly. That and more. When an employee calls in sick, or comes in hung over, or doesn't come in at all, you get to come in at the last minute. And if the toilet backs up and you don't want to call an expensive plumber, you learn how to use that snake. Not a fun job, I can tell you. But the alternative is to spend your life looking at "Them", "They", "Not Me". You will always be at "Their" mercy. But last time I looked, we still live in a free country. You can choose. Choose well. Choose wisely.

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Jimo 3 years ago

Yes, or we could all become opera singers.

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jhawkinsf 3 years ago

Jimo, I don't know you, but if you have a passion to be an opera singer, then yes, become one. Work very hard and follow that passion. But if you're the type who's just working for a paycheck every two weeks and really doesn't care about passion, if you really don't care if you do a good job or a bad job, just as long as the company gives you a paycheck, if you're the first one out the door when the whistle blows, then you're as much a part of the problem as anything else. Whatever it is you do, do it with passion and zeal. The rest will work itself out.

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Carol Bowen 3 years ago

From another perspective, I actually agree with you. It doesn't make sense for politicians to create jobs. How in the world would they do that? Incentives are short-lived and disrupt the flow of the economy. In other words, no corporate welfare.

I do think that drastically downsizing government is disastrous right now. The strategy is just as disruptive as incentives. We have to look at what is rather than what we think should be.

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labmonkey 3 years ago

Buy American, and encourage others to buy American. Quit buying crap from the countries are jobs are going to.

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OonlyBonly 3 years ago

Face it folks - Washington doesn't have any idea how to create jobs. You're going to have to do it yourselves. Find something you know and start doing it. Look to the Net for ideas, forget the brick and mortar operation and find something with low overhead that's open 24 hours a day 7 days a week. And for God's, and your children, sake stop buying every silly imported piece of junk you've ever wanted.

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camper 3 years ago

I was thinking the same thing. It may be time to develop a black market system and just trade amongst ourselves. Trade repair services for other services. Grow our own vegetables, and essentially tell all of these knuckleheads in Washington to take a walk. One side wants the country to fail so that they can get re-elected, and the other side is not willing to fight back. Meanwhile unemployment is high and we buy cheap junk from China. I was stuck at a rail crossing the other day.....a long train (amlost as long as this rant) and it seemed that every cargo container was from China. So yes, let's face it folks, Washington is not going to do anything for us.

I am being about 1/3 serious here. But some of what I post above is true.

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Liberty275 3 years ago

Watch out! He might declare FedEx illegal because it interferes with what could be a lucrative USPS monopoly and harmful to the AFL-CIO. You are treading on thin ice pointing out the jobs situation.

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cato_the_elder 3 years ago

The U.S. jobs report this morning again confirms the dismal failure of Porkulus-ridden Obamanomics, brought to you in living color by the ghost of Democrat Party icon John Maynard Keynes.

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Jimo 3 years ago

Had enough of GOP economics running the show in the last year?

Anti-stimulus on a massive scale at the state and local level Job-killing spending cuts Extension of tax cuts for the wealthy Credit downgrade thanks to the Tea Party

We tried a mild Keynesian stimulus for 2 years and things got mildly better. We stopped that and adopted most of Partier playbook. Results so far? Hmmm....

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cato_the_elder 3 years ago

"We tried a mild Keynesian stimulus for 2 years and things got mildly better."

More BS from Jimo the Marxist. No one knows more how badly Obama's bloated Porkulus debacle has failed than Obama himself. He's nothing but a a confused college lecturer on the ropes, as all the polls clearly show. Liberal Democrats have had over 2 1/2 years to do something about it and have failed miserably. In the meantime, we are still looking at an unemployment rate of 9.1% and 18%+ of our citizens are still underemployed, with Obama seeking to extend unemployment benefits even further.

Obama and his Party of Government have seriously damaged the United States economy's chances of recovering anytime soon. If they're not swept out of office in 2012, our children and grandchildren's futures will be in serious jeopardy.

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JohnBrown 3 years ago

Cato, you REALLY don't get it.

None of your proposals will create demand for products. In case you didn't know, consumer demand drives 70% of our economy.

Do you really think companies with little demand for their products that are given ZERO taxes would magically begin hiring and producing products again? Gee.

Since you believe in the 'Markets' , what have the markets told us this month? First, even with Standard & Poor's lowering of the US Bond rating demand for US bonds rose.

Second, the passage of the debt ceiling limit was evidence to the stock markets that congress just passed an anti-stimulus bill, meaning companies are going to produce even less, and so we better get out of the stock market and get into bonds.

The market turmoil this month is a decided vote of no confidence in the Republican/Tea party plan.

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Godot 3 years ago

The market turmoil this month is the result of Ben Bernanke and Timothy Geithner's unconstitutional interference in tihe US economy. To quote a world class presidential spiritual advisor, "Their chickens have come home to roost."

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cato_the_elder 3 years ago

John Brown says: "The market turmoil this month is a decided vote of no confidence in the Republican/Tea party plan."

That's complete BS. You obviously don't have a clue. The market volatility in August was primarily related to what has been happening in Europe, up and down, on a daily basis. No one with any experience in the market doesn't know that. No one at the Daily Kos or Mother Jones, where you you apparently get your information, does understand that.

Had the congressional debt ceiling "plan" actually accomplished something with regard to seriously cutting spending, the markets would have reacted very favorably to it.

The only way to get employment back on track is to create certainty among those who employ people that government policy will not continue to be directed toward socialist collectivism under Obama but instead toward pro-business policies concerning taxation, regulation, job creation and growth of GDP through private enterprise, which is the only way it can occur. Obama and his advisers not only don't see it that way, but since virtually none of them has ever had any significant business experience they don't even understand it.

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Jimo 3 years ago

No that's complete BS. The market volatility began precisely when the US credit was downgraded, which in turn was explicitly caused by Tea Party political irresponsibility - both threatening to refuse to pay our debts and refusing any credible plan to lower US debts over time. The GOP pulled their Yasir Arafat stunt and walked away from Obama's $4T debt reduction proposal because it reduced debt too much! Why? As the GOP budget plan makes clear, debt reduction isn't the goal, rather freeing up cash for more tax cuts for the wealthy is the only end the GOP values.

No one with significant business experience is hoodwinked by your imaginary march "toward socialist collectivism". ROFL

The ability you have to tell the most transparent lies to escape the consequences of your own incompetence is astounding. Or more frightening - you might actually believe your BS!

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cato_the_elder 3 years ago

And this from Jimo the Marxist who said, "The only feudalism we have in America is the concentration of the nation's wealth in the hands of a few."

You're a committed Marxist, Jimo. Your credibility is zero. Go back to reading your dog-eared copy of The Little Red Book

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Jimo 3 years ago

Yep, me, Reagan and the Founding Fathers - Marxists all.

No, just finished reading today WSJ (although there was a frontpage story on a nude stature of "the girl too sexy for Stalin" - for someone as clueless as you that's halfway to Mao).

Tonight, off to Vail (forecast tomorrow: 60s!) for a working vacation preparing an investment proposal for a Marxist multibillion dollar investment proposal to a Calgary energy company. My client should turn quite a Marxist profit on the venture. And I'll get paid nicely myself in totally worthless Marxist dollars. And then I'll promptly and gladly pay my taxes to the Treasury, in part because I'm a patriotic Marxist American - not an unpatriotic tax moocher such as yourself.

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cato_the_elder 3 years ago

You can bet your bippy that I paid a lot more taxes than you did last year, Marxist.

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Jimo 3 years ago

Snort I'd say I'm guaranteed to pay more taxes just on my family's vacation this week than you'll pay all month. Bizarrely, either of us will pay more taxes than GE.

Strange thing about us patriots - we believe paying taxes is a virtue not a vice. But for you America haters, there's still room on the S.S. Somalia: no gov't, no taxes, no regulation!

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scott3460 3 years ago

We don't.

Neither should the Americans who die an earlier death so that someone can make a buck.

Fortunately, Faux "News" and the right wing propaganda machine will make sure that most Americans never make the connection between their health and the greed of those who are killing them. Corporate death panels, you might say.

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scott3460 3 years ago

And where in the article is the connection made?

Is this it?

"Ozone is the main ingredient in smog, which is a powerful lung irritant that occasionally forces cancellation of school recesses, and causes asthma and other lung ailments."

Cancellation of school recesses?!?!!!!

More liberal media bias there, I suppose, right?

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beatrice 3 years ago

You do know that without a sustainable environment we will all be dead, don't you? I think people who care to preserve the environment are anything but wackos.

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beatrice 3 years ago

Wait, I forgot. If the air gets bad enough we can just protect ourselves by using plastic and duct tape to wrap our houses. How could I forget such a strategy?

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Jimo 3 years ago

Lack of government intervention is the cause of the problem. The events of the last 10 years have proven this beyond doubt. Why are you so determined to be ignorant? (The rest of "people" are fooled by your silliness.)

There is no free market. Was not, is not, and can never be.

Markets are not self-regulating.

Regulation is the rule of law and creates certainty and fair play, the foundation of economic growth.

Feudalistic concentrations of the nation's wealth in a few private hands destroys both liberty and economy - not theoretically but literally.

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Jimo 3 years ago

Your mother called. She wants to know when you're going to get a job and move out of her basement.

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Jimo 3 years ago

McClatchy reached out to owners of small businesses, many of them mom-and-pop operations, to find out whether they indeed were being choked by regulation, whether uncertainty over taxes affected their hiring plans and whether the health care overhaul was helping or hurting their business.

Their response was surprising.

None of the business owners complained about regulation in their particular industries, and most seemed to welcome it. Some pointed to the lack of regulation in mortgage lending as a principal cause of the financial crisis that brought about the Great Recession of 2007-09 and its grim aftermath.

Said one Miami-based small businessman, “Government regulations are not ‘choking’ our business…. In order to do business in today’s environment, government regulations are necessary and we must deal with them. The health and safety of our guests depend on regulations. It is the government regulations that help keep things in order."

http://www.mcclatchydc.com/2011/09/01/122865/regulations-taxes-arent-killing.html

Yep, more of us businessmen who "don't understand how business works," "want to destroy property rights," or are "Marxists"! If you people didn't exist, The Onion would have to make you up.

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Jimo 3 years ago

Ha, I'll make more from "business" this year than you'll make in your lifetime. (Not that you're not a valued contributor or that your insightful commentary isn't appreciated.)

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Richard Heckler 3 years ago

The party that which created the jobless americans can stake claim the absolute most dismal performance of any party in history:

Can we say Nixons illegal spying known as Watergate,Reagan/Bush Iran Contra and Bush/Cheney lying about the WMD's in Iraq.

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Richard Heckler 3 years ago

Then comes the Blue Ribbon leadership behind jobless americans and wrecked economies:

Introducing the RINO Plaftorm Written In Stone:

The RINO party has a long history of economic destruction and crime to include Iran-Contra and Watergate. Like or not a consistent and disturbing pattern has developed by their choosing.

STOP electing RINO’s ! My father in law left the RINO party because he is a fiscal conservative republican with at least 50 years under his belt. Evermore stunning he is working with the democrat party in Pennsylvania.

After spending so so many decades in Washington D.C on tax dollar payrolls RINO’s are sure they learned all they needed to know about OUR money and founding reckless economies. RINO’s have much experience under their belts that they never quit sharing.

Introducing the RINO Plaftorm Written In Stone:

  1. TABOR is Coming by Grover Norquist and Koch Bros sells out state governments http://www.dollarsandsense.org/archives/2005/0705rebne.html

  2. The Reagan/Bush Savings and Loan Heist(Cost taxpayers $1.4 trillion) and millions of jobs. http://rationalrevolution0.tripod.com/war/bush_family_and_the_s.htm

  3. Wall Street Bank Fraud on Consumers under Bush/Cheney sent the economy out the window costing taxpayers many many $$$ trillions and millions of jobs. http://www.dollarsandsense.org/archives/2009/0709macewan.html

  4. ONLY 3 financial institutions instead of several were at risk so why $700 billion in bail out money? Big time lies to the nation again! http://www.democracynow.org/2009/9/10/good_billions_after_bad_one_year

Tax cuts do nothing to make an economy strong or produce jobs. And tax cuts are a tax increase to others in order to make up the loss in revenue = duped again.

  1. Still A Bad Idea – Bush Tax Cuts - The ENTITLEMENT program for the wealthy at the expense of the middle class http://www.dollarsandsense.org/archives/2001/0301miller.html

In the end big debt and super duper bailouts were the results which does not seem to bother Republicans, as long as they are in power.

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scott3460 3 years ago

Worked pretty well in 2008. And, depending on which psycho the right wingers nominate, might just work again. It's not as if the repugs are offering anything more than what got us in this ditch in the first place.

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scott3460 3 years ago

It is impossible to lead the unwilling. Perhaps America needs to sweep the repugs out of President Obama's way. He got plenty done when he had a slim majority of Democrats (many in name only, of course.)

And which psycho "leader" will the the right wingers put forth? Sarah, the Quitter? Drill the Everglades, My husband is NOT a flaming homo Michelle? I was for Health Reform before I was against Health Reform Mitch the (gasp) Morman. Stupid, gwb on steroids Rick Perry?

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Crazy_Larry 3 years ago

"If the history is addressed honestly, Obama's situation is as unique as that of FDR following the last GOP market crash. To reverse the Bush plunge toward recession (or even depression) is the first objective, and achieving that, alone, marks the Obama economic story as a resounding success. To achieve any more than that under extremely adverse conditions left by Bush (including a first-year fiscal budget $1.3 trillion in deficit-- a going away present from Bush) is simply an amazing bonus."

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George Lippencott 3 years ago

The rich caused the problem. The Boomers made it worse. Government will solve it all.

Simplistic beyond belief

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Jimo 3 years ago

Here's Eric Cantor this spring taking credit for the GOP for some positive jobs news: http://twitter.com/#!/GOPLeader/statu...

I'll post Cantor's new tweet accepting blame for negative jobs news as soon as Cantor post that too. ROFL

Imagine! 11 years of Bush tax cuts and the middle class is certifiably poorer, there's a net reduction in jobs, the stock market is lower, and GDP hasn't even tracked population growth - most of that before the Republican Recession began in 2007! How much longer until the GOP promise of economic nirvana that inevitably results from refusing to collect tax revenues from billionaires happens?

The Republican Speaker of the House famously "got 98% of everything" he wanted a month ago from a President too timid to stand up to the hostage takers. Too bad what the Speaker wanted wasn't jobs.

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camper 3 years ago

The debt limit crisis really hampered consumer and business confidence. This has surely impacted our problem of low demand and low hiring.

I am afraid we are in a terrible jam because there is no political will to create a works program similar to FDR's. This really is starting to be like FDR's 2nd administration when his opponents started to recall and declare many of his 1st term efforts unconstitutional. This period 1937, I beleive, was known as the double-dip depresssion.

What really irritates me tho is the Rebublicans behavior. Right now they are calling Obama's economic policy a failure. As if they have not put the brakes on almost everything President Obama has proposed or for that matter watered it down.

I for one want to hear what there plan is. Anyone else? All they are doin right now is sayin "This president (note how they rarely ever say his name) is bad". What have you to propose Republicans? I wanna hear it. You tell us.

If all the Republicans want to do is see the country fail and play armchair quarterback, I suggest we vote out all of these suckers out and give the House control back to the Democrats.

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camper 3 years ago

"Government takeover of Healthcare". Come on RockChalk 77. Are you serious? If anything, it was an insurance takeover of health care....that I did not like btw. The more government leaning proposals like a public option or single payor system never saw the light of day.

With all due respect, the Republican House resume is not looking very good after one year.

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bklonnie 3 years ago

I love it when the Republicans bring up debt. Obama is indeed doing a horrible job. But it kills me that you Republicans think you can do any better in the realm of spending. Apparently history and facts are too difficult of concepts for you. Republicans spend just as much as the Democrats; they just spend it on different things. But hey, who cares when you're not spending your money? That's the whole problem with government spending. It's free money to these Democrat and Republican tards.

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Flap Doodle 3 years ago

How many jobs were created in August? That would be a net gain of zero actually.

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Jimo 3 years ago

The real question is: just how far must the economy, the stock market, etc., fall before the Republicans and Democrats can agree to a real deal?

What's a real deal? Everyone knows what it is: the rest of the stimulus that never was passed in 2009 (thanks for nothing Barrack, as if a one-time $400B was going to cure a $1,500B per year sized economy), reform of middle class entitlement welfare (thanks for nothing Nancy, agreeing to cut aid to the poor to keep the entitlement gravy train running for those who live in million dollar "middle class" houses), a meat-cleaver to the Pork-a-gon (thanks for nothing every politician with a defense contractor in their district and their palms outstreatched for bribes from the military industrial complex), and a return to historic levels of taxation on wealth and open favoritism for the working class (thanks for nothing Tea Party anti-union billionaire bootlickers).

We all know these things need to happen.

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bad_dog 3 years ago

Looks like the Tea Party needs all the help they can get. It appears the disdain level most Americans feel for them is pretty comparable to the other two major parties...

http://www.ap-gfkpoll.com/pdf/AP-GfK%20Poll%20Aug%202011%20Topline_Congress.pdf

See page 8 for Tea Party "Favorabilty" ratings.

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Carol Bowen 3 years ago

Getting back to the concept of job fairs, Stephanie is right. A job fair is not going to create jobs.

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Mike Ford 3 years ago

rockchalk1977...the Democrats are right...all of you and your minions are doing nothing except carrying water for failed policies in the 1980's. I lived through the 1980's becoming a voter for the first time in that decade. I said this on KMBZ a couple of weeks ago and I'll say it here...corporate profits are huge right now....if we were to follow your advocation of said trickle down economics then they hoarders would be letting the wealth trickle down but they aren't are they??? they are acting just like the 1980's ME generation aka I got mine screw you. I'll sum it up...In 2008, Barack Obama inherited a 2000 model car. The previous owner left a car with surplus good miles and good treatment. The crashtest dummy that turned over the same car handed President Obama a car with bad valves bad tires and said good luck. How all of you people function with the level of denial and culpability you should have is beyond me. I remember economists speaking on a number of major networks stating that this economy might be messed up until 2012 or later regardless of what Mr. Obama proposed. Here it is 2011... the stocks have risen to 11,000, up from the 6600 in January 2009. GM survived and paid back monies...Fiat has paid on it's Chrysler debt early. Little by little things are coming back with wobbly stumbles here and there but there has been no total fallback like you obstructionists would want. You're hellbent on causing a fallback for your own political gain without any regard for this country. Educated people like me know it. You can play on the fear of those who are susceptable to fear because that's the only play you have in you weak playbook. FDR if alive now could deflate your fearmongering by restating we have nothing to fear but fear itself and right now all the GOP and the TPERS have done is sell fear to those who know nothing but fear and respond to fear as if they were driven to fear by some religious fearmonger. Who does the GOP court??? religious fearmongerers....go figure....

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JohnBrown 3 years ago

It's 1937 all over again, CATO.

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cato_the_elder 3 years ago

You could be right. By 1937, it had become clear that Roosevelt's big-spending, socialist Second New Deal was a scam that wasn't working. Things continued to get worse until WWII, which finally bailed him and us out.

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JohnBrown 3 years ago

Your statement is contradictory. First, you claim that "big-spending, socialist Second New Deal was a scam that wasn't working", and then you claim that WWII bailed us out.

You do realize that the deficit spending up to 1936 reduced unemployment from 25% to 14%? You do realize that the balanced budget of 1936 caused the unemployment rate to rise from 14% to 19%, yes? You do realize that spending for WWII forced us into more deficit spending, yes?

Roosevelt's deficit spending in the '30's, aided by the war spending, got us out of the depression. The 1937 double dip in the recovery, was caused by the balanced budget.

Bruce Bartlett, an adviser to both President Ronald Reagan and George H.W. Bush, wrote in an essay in Forbes Magazine that one problem with Mr. Roosevelt's early economic policies was that his deficits were not large enough to compensate for the dearth of private spending in the Depression economy.

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Godot 3 years ago

It wasn't the spending for World War II that bailed out Roosevelt's failed experiment in socialism. It was the deaths of 500,000 working age US citizens, and the complete destruction of the manufacturing base of our European and Asian competitors that allowed the US to grow exponentially through the next two decades.

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camper 3 years ago

Just like 1937 John Brown. Same exact thing. Republicans calling FDR a Socialist. Repealing of the first administrations efforts. A slip back into a double dip depression. Amazing how things have not changed.

For an interesting read "The Great Depression and the New Deal" by Eric Rauchway. It is a good and objective analysis of the time.

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Flap Doodle 3 years ago

The big question is will the Mope in Chief still be harping on corporate jets in his next teleprompter performance or will he be chasing off after some other wild goose? His slavering minions will need a clue as to where to take the pitchforks and torches.

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Mike Ford 3 years ago

snap....how is darth cheney travelling right now with all of his lies and attacks on Colin Powell you cheap shot artist????

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Flap Doodle 3 years ago

tushy, commas, used appropriately, can be your friends. They're not just the tools of the white devils.

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Mike Ford 3 years ago

I hear stupid racist comments....do dimwits ever learn....white priviledge did a lot for many years...free land...free labor...it reminds of the shirt I used to see at pow-wows that stated..."The first welfare recipients" and it had a picture of pilgrims with their hands out....priceless...I don't see how you're productive..the republican thieves you vote for moved your job elsewhere to make more money at your expense.. and who does your dumbness hold accountable??? Democrats...man the dumblicans simutaneously play the flute and screw the people following them... again...what's the matter with Kansans being as dumb as they want to be?

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tbaker 3 years ago

Barack Obama is on track to become the first president in the post-World War II era during whose term real gross domestic product never grew at a rate greater than 4% in any quarter during his Presidency. We've tried (and failed) at this several times in the history of our country:

Government cannot create wealth. Prosperity starts with Americans, not the US government.

Why do our elected leaders bitterly cling to this failed idea that the government can spend your money (borrowed money) more wisely than you can? How is it that Mr. Obama can keep a straight face when he tells us that that food stamps and jobless benefits are really job stimulus programs. With 1 out of 7 Americans on food stamps and 400,000 new jobless claims each week, he must think we are morons.

Entrepreneurs will create the jobs and reignite the economy if the government will create a predictable business climate and then just get out of the way.

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jafs 3 years ago

According to a quick google search, our average ANNUAL GDP growth from the late 40's until now is a little over 3%.

So your figures seem off.

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jafs 3 years ago

Please stop responding to my posts.

If you don't, I will file a complaint with the moderator.

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jafs 3 years ago

I will file a complaint with the moderators.

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Godot 3 years ago

This article contains at least two examples of the Obama administration's hardball tactics in regulating American businesses, destroying jobs and competition:

http://www.examiner.com/conservative-in-national/federal-raid-on-gibson-guitar-retaliatory-harassment

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Mike Ford 3 years ago

let's see dimwits...wall street happened because of the gutting of regulatory agencies by dumblicans.....the katrina fiasco happened because the dumblicans appointed their dimwit friends to run the agency into the ground at he expense of all those people who died and lost their homes like my grandparents. My grandparents waited from August 30th to December 10, 2005 before they got a trailer that they lived in until they won their claim against state farm. The EPA was gutted of regulatory effectiveness. I will spell it out to the dimwits on here....you can't advocate for deregulation of government agencies when said agencies failures occured on Bush's watch and were part of your plan to bring down the federal government. Agencies fail when certain political parties want them to and do everything to make sure their goal is accomplished. You can sell this bs to rural dimwits. The government fails when republicans go out of their way to aid in the failure. You can't have it both ways. 2008 happened because people were tired of your attempts to run the US Government into the ground. It's not the government that's failing it's the Republicans trying to make it fail by obstructing appointments and stalling legislation...duh. The republicans are like the mechanic who takes one spark plug wire off to make the car run bad and then never own up to their actions. Beyond that they yell and create destraction to cover their actions. I've pretty much summed up your game plan right Cato??? you should read that book the Wrecking Crew by the author who wrote What's the Matter with Kansas??? hopefully sense takes over volume in the near future...

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Godot 3 years ago

I politely disagree with both of you. The Wallstreet fiasco occurred because of a thing called "regulatory capture." The regulators were more interested in favoring the regulated than in enforcing the laws. The banks were using the SEC, FDIC, Federal Reserve, and other agencies as both an incubator for executive material, and as a retirement haven for the powerful. You can have all the laws and regulations you can dream of, but if the regulated own the regulators, the laws are worthless.

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Mike Ford 3 years ago

really, nobodyone....why did Christine Whitman, the former governor of New Jersey either leave or was she forced out by the Bush Administration as head of the EPA??? she did not want to go along with the gutting practices they were selling. What are the dimwits trying to sell about the EPA now being in the way??? I'm glad it's in the way of their wanton desire to destroy the environment...they're too stupid to know any better. Better yet who was the clown after 9/11 who told the people to keep spending and in order to do so in his diminishing economy these people mortgaged the bejesus out of their homes until the whole paper value went out the window and they lost everything...oh my words it couldn't be the clown hiding out in a gated community in Fort Worth/Dallas could it????

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Mike Ford 3 years ago

chuckles, I have no problem with a government...I don't like a certain political party bent on returning to state's rights which to me translated means no treaty obligations, racism, and the like. I'm not blind...you are...

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