McJobs

[i_am_the_swammi]

The GOP's "jobs bill" is pretty simplistic: Get the Federal government off of the private sector's back and jobs will be a byproduct of the recovery.

 

 

[Azazello1313]

<sigh>

 

According to the Congressional Budget Office, corporate tax receipts as a share of corporate profits have hit their lowest point in 40 years:

 

 

Corporate tax receipts as a share of profits are at their lowest level in at least 40 years.

Total corporate federal taxes paid fell to 12.1% of profits earned from activities within the U.S. in fiscal 2011, which ended Sept. 30, according to the Congressional Budget Office. That’s the lowest level since at least 1972.

And well below the 25.6% companies paid on average from 1987 to 2008.

 

 

not sure what they include that's not included in the CBO's 12.1%, but the world bank has stats on this and we are pretty high on the list, at least among the developed, OECD nations.

[Azazello1313]

Why do we only have two effective political parties in our country? The only choices out there right now are to support an extremely conservative party or an extremly liberal party?

 

 

I disagree with your characterization. our two parties are a lot more similar than we are led to believe. it's to their interests to play up the differences to rally the troops and cast the partisan struggle in manichean terms.

[lkirc]

I disagree with your characterization. our two parties are a lot more similar than we are led to believe. it's to their interests to play up the differences to rally the troops and cast the partisan struggle in manichean terms.

 

 

That is an interesting take. I am not the most politically astute, but it does seem to me, at least in this election year, the two parties are drawing opposite stances on some issues. Gay marriage, taxation, health care, etc.

 

I will agree at thier base politicians from both sides seem to be similar in that their number one priority is to stay in office.

[westvirginia]

I disagree with your characterization. our two parties are a lot more similar than we are led to believe. it's to their interests to play up the differences to rally the troops and cast the partisan struggle in manichean terms.

 

That is an interesting take. I am not the most politically astute, but it does seem to me, at least in this election year, the two parties are drawing opposite stances on some issues. Gay marriage, taxation, health care, etc.

 

I will agree at thier base politicians from both sides seem to be similar in that their number one priority is to stay in office.

 

 

And there's the rub. For all the left's "occupy wall street" and such, the obamessiah has taken more money from bankers than shrub ever thought about. They are only interested in furthering their power. The only real differences are on a few civil-liberties issues, both want to pander with tax breaks/transfer payments to those groups most likely to vote for them. And 99% of them won't oppose ANY spending if it can help them get re-elected.

[Square]

the obamessiah has taken more money from bankers than shrub ever thought about.

Is there any source for this info? The best I could find was this.

 

Which states the following:

 

Top 5 contributors to Barack Obama

1) University of California

2) Microsoft Corp

3) Google Inc.

4) DLA Piper

5) Harvard University

 

Top 5 contributors to Mitt Romney

1) Goldman Sachs

2) JP Morgan Chase & Co

3) Morgan Stanley

4) Bank of America

5) Credit Suisse Group

 

I don't really think the bankers are backing Obama this round.

[Azazello1313]

speaking of blame for fiscal stalemate and gridlock, I just recently read an interesting piece on that, detailing a lot of the inside baseball that went down between obama and boehner when they were actually incredibly close to a far-reaching debt deal before it fell apart at the last minute. it's a very balanced piece, and either side can find plenty of grist for their partisan mill.

 

 

another article out this morning, talking about woodward's new book on the subject. both of these are very good reading.

[yo mama]

A few questions for the group:

 

Why is it wrong and evil to be rich in our country all of the sudden?

 

To my knowledge, no one has made such a suggestion.

[westvirginia]

Is there any source for this info? The best I could find was this.

 

Which states the following:

 

Top 5 contributors to Barack Obama

1) University of California

2) Microsoft Corp

3) Google Inc.

4) DLA Piper

5) Harvard University

 

Top 5 contributors to Mitt Romney

1) Goldman Sachs

2) JP Morgan Chase & Co

3) Morgan Stanley

4) Bank of America

5) Credit Suisse Group

 

I don't really think the bankers are backing Obama this round.

 

 

You're looking at this round. Look at four years ago. Here's a place to start

[delusions of grandeur]

Why do we only have two effective political parties in our country? The only choices out there right now are to support an extremely conservative party or an extremly liberal party?

 

The majority in power in the republican party are far from conservative. Romney invented Obamacare, and Paul Ryan thinks we have 28 years to balance a budget that future congresses will somehow abide by.

 

If "radical" conservatism is defect spending, then I guess I need to call my fiscal views something else then.

[Square]

You're looking at this round. Look at four years ago. Here's a place to start

So the big bank money used to go to Obama and has switched to Romney this round? That actually sounds positive for Obama.

[Azazello1313]

speaking of jobs....another terribly disappointing report this morning. only 96,000 added. unemployment went down slightly, but only because a staggering 368,000 left the labor force, dropping the already historically low labor force participation rate even lower.

 

also, the numbers for the last two months were revised downward by a total of 41,000 jobs.

 

of those 96,000? 28,000 in "food services and drinking places". minus 15,000 in manufacturing.

Edited September 7, 2012 by Azazello1313

[westvirginia]

Seems like Ground Hog day... I read that somewhere...

[yo mama]

speaking of jobs....another terribly disappointing report this morning. only 96,000 added. unemployment went down slightly, but only because a staggering 368,000 left the labor force, dropping the already historically low labor force participation rate even lower.

 

of those 96,000? 28,000 in "food services and drinking places". minus 15,000 in manufacturing.

 

Sounds like we need better "job creators," because apparently the current ones suck.

[Big John]

speaking of jobs....another terribly disappointing report this morning. only 96,000 added. unemployment went down slightly, but only because a staggering 368,000 left the labor force, dropping the already historically low labor force participation rate even lower.

 

of those 96,000? 28,000 in "food services and drinking places". minus 15,000 in manufacturing.

 

I could have told you that

[Hugh B Tool]

Just curious. Do Vetrans returning home from a major war and opting out of active service get bunched into the jobless and unemployment percentages?.

[Azazello1313]

Just curious. Do Vetrans returning home from a major war and opting out of active service get bunched into the jobless and unemployment percentages?.

 

 

they get counted in the unemployment rate if they are actively seeking work and are unemployed.

[Hugh B Tool]

I could have told you that

 

 

move to Washington John, there are almost as many engineering jobs around here as the medical field. Boeing etc hire all sorts of engineers all the time.

[Big John]

move to Washington John, there are almost as many engineering jobs around here as the medical field. Boeing etc hire all sorts of engineers all the time.

 

I've been looking there too, but Boeing does not hire civil engineers.

[Ditkaless Wonders]

I've been looking there too, but Boeing does not hire civil engineers.

 

 

Be less civil. I can give you some rudeness leasons if you'd like.

[Chavez]

I've been looking there too, but Boeing does not hire civil engineers.

 

 

"Listen Mr Boeing, I got the best idea ever - ASPHALT AIRPLANES."

[Hugh B Tool]

Runways are made of asphalt and with 2 Boeing fields and three Boeing plants to include the largest building in the world, dat be a lot of asphalt

[Chavez]

Runways are made of asphalt and with 2 Boeing fields and three Boeing plants to include the largest building in the world, dat be a lot of asphalt

 

 

Bah, the asphalt plane is an idea whose time has come. I AM A VISIONARY, AND BIG JOHN SHALL BE MY HAND ON EARTH.

Edited September 8, 2012 by Chavez

[Lady.hawke]

Let's add federal workers to this discussion. Obama has added 225,000 more of them at an average salary of $120,000. That adds, per year, 27,000,000,000 - 27 Billion - to the cost of government.

 

Government workers are paid with private taxpayer dollars.

 

The median income in the US is currently $51,413, with an annual tax paid of about $4678. That means that it takes the taxes of 5,771,697 hard working citizens to pay the salaries of the new federal workers. Or about 25 private citizens for each federal employee.

 

And this does not account for their lifetime pensions and healthcare. How is this fair?

[Ditkaless Wonders]

Average salary of $120,000 shocks me. Is that correct?