President Jimmy Carter is Beginning to Look Great: Only 181,00 jobs per month were created in 2012

Two million jobs were created last year.

The graph above says a ton.

1) 2.17 million jobs were created in 2012, which is the best annual amount since 2005, and is greater than seven of the eight years of the corrupt idiots Bush/Cheney.

2) “During the fourth quarter of last year, with the “fiscal cliff” looming, 201,000 jobs were created per month. “All these concerns that the fiscal uncertainty deterred businesses from hiring, they certainly haven’t materialized,” said UniCredit economist Harm Bandholz.”

3) “74,000 government jobs were lost last year. This includes 9,000 layoffs last month, 2,000 of which were in education. Since February 2010, the public sector has lost 600,000 jobs.”

4) “5.5 million lost jobs have been recovered. As Bloomberg News noted, ‘The economy has recovered 5.51 million of the 8.74 million jobs that were lost as a result of the last recession.’”

5) Roughly 100,000 construction jobs have been created since September 2012. The economy has added 296,000 construction jobs since January 2011, and a third of those gains occurred in the final four months of 2012. Still, construction employment is 2 million jobs below its 2006 peak.

Now here are some things the chart doesn’t tell you.

6) By 2012, a good three years after the end of the last recession, fully 49.1 percent of the US population received some form of government assistance compared to 30 percent in 1980.

7) Under President Jimmy Carter, during the period from June 1980 to June 1981, the economy created nearly three million jobs, more than 230,000 jobs per month, and in a nation that was more than 2/3s smaller in population and gross domestic product than the current economy. What happened to cause such giant differences between then and now? Here is the difference. The 1 percent have stolen ove 30 percent of the total income produced in the US every year, compared to 7 to 8 percent in 1980. The US government was taken over by the 1 percent years ago. The result has been a massive redistribution of income and wealth from the 99 to the 1 percent via free trade legislation, deregulation and privatization scams, as well as profitable wars for the 1 percent and stuff like that. That means the 99 percent have less money to spend, which creates a weaker economy, less jobs and fewer opportunities.

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The Evidence is In: Tax Cuts for the Rich Do Not Create Jobs, They Destroy Jobs

The one percent richest Americans are drowning in money. Corporate earnings are at a fifty year high. The fortune 500 saw an increase in their 2011 profits 16 percent higher than in 2010. The top one percent took 93 percent of all US income growth for the last two years, leaving the 99 percent with 7 percent of that growth. So why aren’t the rest of us drowning in jobs if giving more money to the rich creates jobs?

The answer, of course, is that tax cuts for the rich destroy jobs; they do not create them. Look at the world around you.

Unemployment hovers at a seventy year high of around 15 percent if you used the same methodology as was used during the Great Depression. People are simply giving up looking for work. Job growth is the weakest in history despite record government deficits. If fact, job growth for the last twelve years are the weakest on record.

Here is how tax cuts for the rich destroy jobs. When a tax cut is given, CEO’s bid against other CEO’s to get the rich to invest their newly available extra cash in their stocks and bonds. The best way to do that is to raise profits, but in any economy, especially a stagnant one like today’s, that’s difficult to do unless one engages in shipping and creating jobs overseas. Then the difference between the old wages and the new, between the wages here and over there, become profits and enhanced dividends, and this fuels a rise in share prices. All of which makes any company doing this a nice investment opportunity for the one percent. That’s one of the reasons why the Fortune 500 experienced an average 16 percent increase in profits from 2010 to 2011.

There are other ways CEO’s managed to do this, like conspiring to raise prices that the 99 percent paid. First they needed to buy off the government. This way the government looks the other way rather than enforces any laws in “restraint of trade.” But by and large, the free trade treaties are the biggest redistribution tool the rich have to siphon off more income from the 99 percent and stick it in their already fat wallets.

Tax cuts for the rich are destroying the economy, wiping out the middle class, providing incentives for corporations to ship our jobs, tax bases and school funding overseas to be redistributed to the one percent. That’s why the economy is so stagnant despite record federal deficit spending intended to spur job growth. The deficit is creating jobs at only a slightly faster rate than thirty years of tax cuts for the rich are destroying jobs.

The best way to stop the madness is to enact a high tax on the biggest incomes, a progressive tax. This is what the best and the brightest government officials knew all throughout the Great Depression, and they acted on this knowledge for the greater good.

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The most likely degrees with which to get a job

Do you want a job? One with prestige and maybe comes with enough money and benefits to provide a middle class living? Well click on the list below for the best four year degrees with which to get a job.

Click here for the five most versatile four year degrees

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The Five Most Worthless Four Year College Degrees Are?

There are a ton of college degrees that might be considered worthless. There are the degrees that help you get a job, but not in the area for which you get the degree. You know those degrees. You get a BS in Speech and wind up in retail management or as a hair dresser. Almost every degree falls into this category, to one degree or another (no pun intended). Then there are the degrees that help 10 percent of those students who graduate with it get jobs in their fields. That might include BA’s in Economics. The other 90 percent are stuck as hair dressers, or dog washers, or bus drivers, or decided to teach, or whatever. Nonetheless, most four year degrees get most people jobs. They’re just there to get you to jump through hoops, but which are the most worthless. Click the link below to discover the answer.

The Five Most Worhless Degrees

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Mitt Romney: The Job Cremater

Democratic National Committee chair Debbie Wasserman Schultz spoke to reporters tonight in New Hampshre in advance of this weekend’s Republican primary debate. According to Benjy Sarlin at Talking Points Memo, the Florida Congresswoman took sharp aim at presumed front-runner Mitt Romney, questioning not only his record but his putative position at the head of the GOP pack.

“I would not put the cart before the horse and define him as an unambiguous frontrunner,” said Wasserman Schultz to TPM, “He’s coming off what at some point probably wont even be defined as a win in Iowa where fewer voters came out for him than came out in 2008.”

Click here for the rest of the story

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