Posted by AzBlueMeanie:
On September 8, 2011 -- exactly one year ago tomorrow -- President Obama delivered an important speech to a joint session of Congress. In it, the president unveiled a proposal he called the American Jobs Act. You know, President Obama's jobs bill that the "Galt - Gekko 2012" campaign pretends does not exist. Steve Benen writes, The American Jobs Act -- One Year Later:
Obama sought to shift the national conversation away from austerity and towards job creation, and presented a sensible plan, filled with ideas that have traditionally enjoyed bipartisan support.
Independent analysis projected the American Jobs Act, which was fully paid for, could create as many as 2 million jobs in 2012.
I mention this now because what happened a year ago is incredibly relevant to what's happening now. This morning's jobs report was disappointing, and we know exactly how the political world will digest the news -- if the job market is underperforming, it's Obama who'll get the blame.
Yes, because that is what lazy media villagers do, they parrot the lazy GOPropaganda media narratives.
It is the Tea-Publican insurrectionists in the Congress who are to blame for not passing the American Jobs Act and not creating an additional 2 million jobs over the past year. These Tea-Publican insurrectionists are quite open about sabotaging the U.S. economy for ideological reasons and partisan political advantage: their cynical theory is that if they sabotage the U.S. economy, low information voters will blame the president for the sluggish recovery and reward the very insurrectionists who have sabotaged the U.S. economy this November. There hopefully is a special place in hell for these unpatriotic and un-American insurrectionists who are sabotaging the U.S. economy.
There are also the Tea-Publican insurrectionists at the state and local level who have imposed disproved and discredited GOP "austerity" economic policies, laying off public sector workers at the very time when they should be doing everything in their power to retain and to even expand the number of public sector workers, as we have done in every economic downturn since the Great Depression. These Tea-Publican insurrectionsits are sabotaging the U.S. economy by firing public sector workers and making unemployment worse -- they are to blame. It is time for the American people to rise up as one and throw these unpatriotic, un-American Tea-Publican insurrectionists who are sabotaging the U.S. economy out of office this November en masse.
Steve Benen writes about the August Jobs Report, Job creation short of expectations, unemployment rate at 8.1%:
The new figures from the Bureau of Labor Statistics shows the U.S. economy added 96,000 jobs in August, short of the 125,000 expected. The unemployment rate dropped from 8.3% to 8.1%, and while that may seem encouraging, the figure is misleading -- the "improvement" isn't the result of more jobs; it's the result of fewer people in the workforce.
As is nearly always the case, there was a gap in the public vs. private sectors -- American businesses added 103,000 jobs last month, while the government shed another 7,000 jobs. In terms of revisions, what makes today's figures especially disappointing is that both June and July totals were revised [downward].
For context, I'd note that so far in 2012, the economy has created 1.11 million jobs -- 1.2 million in the private sector -- which isn't even close to being good enough, but the total is already better than five of the eight years of the Bush/Cheney era.
[Here is] the chart I run on the first Friday of every month, showing monthly job losses since the start of the Great Recession. The image makes a distinction -- red columns point to monthly job totals under the Bush administration, while blue columns point to job totals under the Obama administration.
Here is another chart, this one showing monthly job losses/gains in just the private sector since the start of the Great Recession. [Note that there has been 30 consecutive months of private sector job growth at the same time that Tea-Publicans continue to shed public sector jobs each month in their attempt to sabotage the U.S. economy.]
As Steve Benen notes, "we aren't trying President Obama's job agenda." Mr. Boehner, where are the jobs?