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Sat Jan 12, 2013, 01:33 PM

PLEASE rec the following post to DU's front page:

Krugman - Recession 'gratuitous' because if Congress created jobs program it 'would all be over'

It's our duty to let people know what we're really dealing with here!

33 replies, 3892 views

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Arrow 33 replies Author Time Post
Reply PLEASE rec the following post to DU's front page: (Original post)
MannyGoldstein Jan 2013 OP
geckosfeet Jan 2013 #1
nadinbrzezinski Jan 2013 #4
JDPriestly Jan 2013 #10
rhett o rick Jan 2013 #20
geckosfeet Jan 2013 #19
grahamhgreen Jan 2013 #6
geckosfeet Jan 2013 #18
hedgehog Jan 2013 #2
20score Jan 2013 #3
grahamhgreen Jan 2013 #5
ChisolmTrailDem Jan 2013 #9
JDPriestly Jan 2013 #11
ChisolmTrailDem Jan 2013 #12
sendero Jan 2013 #16
patrice Jan 2013 #7
WillyT Jan 2013 #8
99Forever Jan 2013 #13
FreeBC Jan 2013 #14
idwiyo Jan 2013 #15
cthulu2016 Jan 2013 #17
rhett o rick Jan 2013 #21
limpyhobbler Jan 2013 #24
BeHereNow Jan 2013 #22
limpyhobbler Jan 2013 #23
840high Jan 2013 #25
love_katz Jan 2013 #26
abelenkpe Jan 2013 #27
idwiyo Jan 2013 #28
juajen Jan 2013 #29
flamingdem Jan 2013 #30
samsingh Jan 2013 #31
thesquanderer Jan 2013 #32
Overseas Jan 2013 #33

Response to MannyGoldstein (Original post)

Sat Jan 12, 2013, 01:34 PM

1. Note the economy in California. Very high unemployement yet they are beating

their budget problems.

on edit: not to say I don't agree with OP.

California Governor's budget has surprise: a surplus


California's economy melted down with the housing market, slashing the state's revenue, but it is finally on the mend. For years the state's leaders have tackled budget deficits with a combination of deep cuts and accounting gimmicks. The projected surplus is now the latest surprise.

Businesses are hiring again and voters in November approved temporary hikes to the state sales tax and income tax rates on wealthy taxpayers.

California's job growth tops the national average, unemployment has fallen to below double-digit levels for the first time in nearly four years and more money is expected to flow into state coffers from the voter-approved tax increases.

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Response to geckosfeet (Reply #1)

Sat Jan 12, 2013, 02:23 PM

4. That is due to higher taxes.

It will help create government jobs as well.

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Response to nadinbrzezinski (Reply #4)

Sat Jan 12, 2013, 03:00 PM

10. I agree. That is the point of the higher taxes -- to create government jobs.

Even if the money is immediately used to pay off debts, it will ultimately create government jobs -- and we need to rehire laid-off teachers, for example.

But California is a state and the strategies available to it are limited.

The US is not limited by the need to borrow money. It can simply hire the unemployed for minimum wage in special programs and pull the entire economy up through public works projects. The rich do not want to see a reduction in the value of their cash. They could care less about high unemployment. That is why they want austerity. They are fools. We can see in Greece that a country in which so many people are unemployed and feel hopeless is in big trouble. Do wealthy Americans really think that they can hide from the inevitable social turmoil -- possibly even disease -- in their gated communities?

I don't think they can.

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Response to JDPriestly (Reply #10)

Sat Jan 12, 2013, 07:10 PM

20. The rich want to get as much gold from the goose as they can.

And if they arent careful and have a greed frenzy, the goose may die.

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Response to nadinbrzezinski (Reply #4)

Sat Jan 12, 2013, 06:25 PM

19. Noted

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Response to geckosfeet (Reply #1)

Sat Jan 12, 2013, 02:44 PM

6. Note California can not print money.

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Response to grahamhgreen (Reply #6)

Sat Jan 12, 2013, 06:24 PM

18. Note the bolded text in the excerpt in my post.

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Response to MannyGoldstein (Original post)

Sat Jan 12, 2013, 01:35 PM

2. We need to make this a mantra!

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Response to MannyGoldstein (Original post)

Sat Jan 12, 2013, 02:19 PM

3. Done!

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Response to MannyGoldstein (Original post)

Sat Jan 12, 2013, 02:43 PM

5. Yes! Cut the big war budget and build wind farms and outfit everyones house with solar. And

while we're at it build some electric cars.

Beware the war hawks who use jobs as an excuse to increase the big war budget. War has a small multiplier effect, whereas energy production gets you cheap energy!

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Response to grahamhgreen (Reply #5)

Sat Jan 12, 2013, 02:55 PM

9. And do it on a scale reminiscent of Roosevelt

The Civilian Conservation Corps, in it's day, "was a public work relief program that operated from 1933 to 1943 in the United States for unemployed, unmarried men from relief families, ages 18-28. James McEntee was the head of the agency. A part of the New Deal of President Franklin D. Roosevelt, it provided unskilled manual labor jobs related to the conservation and development of natural resources in rural lands owned by federal, state and local governments. The CCC was designed to provide employment for young men in relief families who had difficulty finding jobs during the Great Depression..."

More... http://en.wikipedia.org/wiki/Civilian_Conservation_Corps

This time it should put men and women to work with a focus on solar and wind energy production and delivery. Electric grids also need to be upgraded. Bridges also need repair/replaced.

Sigh...but what are the chances it will ever actually happen. I'm afraid it's a big fat ZERO.

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Response to ChisolmTrailDem (Reply #9)

Sat Jan 12, 2013, 03:02 PM

11. on a scale reminiscent of Eisenhower??? Did you mean FDR???

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Response to JDPriestly (Reply #11)

Sat Jan 12, 2013, 03:12 PM

12. Yes, I did. Corrected. I was also looking at the Interstate Highway

System as an example of the scale of the energy/infrastructure we need today.

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Response to ChisolmTrailDem (Reply #9)

Sat Jan 12, 2013, 04:39 PM

16. My father worked in the CCC....

.. which he more-or-less affectionately referred to as the "tree army".

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Response to MannyGoldstein (Original post)

Sat Jan 12, 2013, 02:46 PM

7. KICKING!

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Response to MannyGoldstein (Original post)

Sat Jan 12, 2013, 02:51 PM

8. HUGE K & R !!! - Thank You !!!

Done !!!




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Response to MannyGoldstein (Original post)

Sat Jan 12, 2013, 03:14 PM

13. K&R

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Response to MannyGoldstein (Original post)

Sat Jan 12, 2013, 03:17 PM

14. K&R!!!

 

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Response to MannyGoldstein (Original post)

Sat Jan 12, 2013, 04:33 PM

15. K&R

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Response to MannyGoldstein (Original post)

Sat Jan 12, 2013, 04:48 PM

17. Gratuitous? Don't you realize that the suffering (of others) builds national character?

Sure, we *could* have fixed the recession, but what message would we be sending our kids?

That life is easy? That things have "solutions"?

No siree. The suffering of poor kids is a necessary cautionary example for my own children, and a price that I am more than willing to have someone other than myself pay.

Yours in Christ,
Third-way Cthulu

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Response to cthulu2016 (Reply #17)

Sat Jan 12, 2013, 07:13 PM

21. Remember Manny has a split personality and usually doesnt know whether he is coming

or going. We love you Manny. Time for his medication. No wait, time for my medication. "No olives this time. They are filling".

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Response to cthulu2016 (Reply #17)

Sat Jan 12, 2013, 07:17 PM

24. LOL

imagine, if only things had solutions

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Response to MannyGoldstein (Original post)

Sat Jan 12, 2013, 07:14 PM

22. Just added my "rec" Manny

Guess I need to go kick it too.
BHN

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Response to MannyGoldstein (Original post)

Sat Jan 12, 2013, 07:15 PM

23. k/r

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Response to MannyGoldstein (Original post)

Sat Jan 12, 2013, 10:38 PM

25. k/r

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Response to MannyGoldstein (Original post)

Sat Jan 12, 2013, 10:46 PM

26. Kicking.

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Response to MannyGoldstein (Original post)

Sat Jan 12, 2013, 11:40 PM

27. K&R nt

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Response to MannyGoldstein (Original post)

Sat Jan 12, 2013, 11:52 PM

28. Kick

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Response to MannyGoldstein (Original post)

Sun Jan 13, 2013, 01:06 AM

29. K & R

I am very worried about the people who are unemployed who are over 30, some over 40 or 50 0r 60. The ones over 40 do not have much luck finding a good job, because of age discrimination.

Actually, I would like to know the statistics for length of time the young stay put in a job. I have a young relative that swapped jobs 5 times in one year, and still got hired above older people, who would be grateful for any job and would stay a much longer period of time. The government should provide incentives for hiring people over 50, as well as the long term unemployed.

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Response to MannyGoldstein (Original post)

Sun Jan 13, 2013, 03:50 AM

30. Tell it! n/t

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Response to MannyGoldstein (Original post)

Sun Jan 13, 2013, 12:21 PM

31. done

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Response to MannyGoldstein (Original post)

Sun Jan 13, 2013, 12:31 PM

32. People are recommending this thread...

...instead of (or in addition to) recommending the thread the OP actually suggested REC'ing. It doesn't make sense to dec this thread... rec the other one, withe the descriptive headline and the actual relevant content!

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Response to MannyGoldstein (Original post)

Sun Jan 13, 2013, 12:40 PM

33. K&R. Yes please!

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