Jobs

Real Jobs Loss

Published by Papa Giorgio

This is from HotAir:

As a follow-up to my earlier post on employment and stimulus, here’s a chart of what may be the most significant data on the topic. Barack Obama claims that the unemployment rate dropping from 9.7% to 9.5% shows that we’re moving in the right direction economically — but that data doesn’t include those who have left the workforce out of discouragement. They have no jobs and have given up looking for another due to economic conditions, according to the categorization by the Bureau of Labor Statistics. This chart shows the direction in which our economic policies have taken the US…. These represent the gross numbers of able-bodied workers outside the workforce and no longer looking for jobs. The red star indicated when Barack Obama’s stimulus was passed [Remember, he said that if it passed, it the jobless rate wouldn’t reach double-digits and stay at about 8%] , and we can see the effects or lack thereof on the workforce afterward. Not only has the unemployment rate gone up and the number of jobs continued to drop since February 2009, Americans are increasingly leaving the workforce instead of joining it.

Drilling Moratorium Lifted By Upper Court – Good News!

Published by Papa Giorgio

This is great news! Jindal and others were worried that this moratorium would make some companies move elsewhere, thus making this 6-month job killer extend even further.

Sunday by Jindal and state Atty. Gen. James D. “Buddy” Caldwell asserts that the moratorium could convince big oil companies to move their rigs out of the Gulf of Mexico to Brazil or Africa, with “little chance of their immediate return.”

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So here is the story about the moratorium being lifted. Again, great news for our economy.

The Obama administration lost its court bid to maintain a six-month moratorium on offshore deepwater drilling which a federal judge ordered lifted last month.

The Fifth Circuit Court of Appeals denied the government’s emergency request to stay that judge’s order pending appeal.

The motion was denied because the government failed to show “a likelihood of irreparable injury if the stay is not granted,” the appeals panel judges wrote in a 2-1 ruling.

[…]

President Barack Obama acknowledged the moratorium would cause economic harm, but said it was necessary to give investigators adequate time to understand what caused the accident and create new safety regulations.

Oil companies and Louisiana politicians railed against the moratorium, saying it would cause further economic devastation and that rigs and drilling plans should simply be inspected on a case-by-case basis.

Louisiana Governor Bobby Jindal hailed the court’s decision Thursday but expressed concern that the uncertainty has created a “de facto moratorium” which could cost the state 20,000 jobs.

“We absolutely want drilling to be done safely and do not want another spill or one more drop of oil on our coast or in our water, but thousands of Louisianians should not have to lose their jobs because the federal government can’t adequately do its job of ensuring drilling is done safely,” Jindal said in a statement.

“The federal government has an entire agency dedicated to monitoring safe drilling. It shouldn’t take them six months or longer for a new national commission to ensure safety measures are in place and their laws and regulations are being followed.”

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Creating, or Destroying Jobs?

Published by Papa Giorgio

It’s time to call Obama what he is: The Great Jobs Killer. With his massive spending and tax hikes — rewarding big government and big unions, while punishing taxpayers and business owners — Obama has killed jobs, he has killed motivation to create new jobs, he has killed the motivation to invest in new businesses, or expand old ones. With all this killing, Obama should be given the top spot on the FBI’s Most Wanted List.

Meanwhile, he has kept the union workers of GM and Chrysler employed (with taxpayer money). He has made sure that most government employee union members got their annual raises for sleeping on the job (with taxpayer money). He made sure that his voters got handouts mislabeled as “tax cuts” even though they never paid taxes (with taxpayer money). And he made sure that major campaign contributors collected billions off government stimulus (with taxpayer money)….

…I’ve polled all my friends who own small businesses — many of them in the Internet and high-tech fields. They all agree that in this new Obama world of high business taxes, income taxes, payroll taxes, capital gains taxes, and workers compensation taxes, the key to success is to avoid employees. The only way to survive as a business owner today is by keeping the payroll very low and by hiring only independent contractors or part-time employees provided by temp agencies….

So who is going to pay Obama’s taxes? Not his voters. They want government to pay them. Who is going to create Obama’s jobs? Not his voters — they’ve never created a job in their lives.

Democrats Do Not Think About Their Actions and Consequences, What Thomas Sowell Calls “2nd Tier Thinking”

Published by Papa Giorgio

All three network news shows on Tuesday skipped a report that eight of 15 experts consulted by the Obama administration opposed the government’s plan to halt deepwater oil drilling for six months. Only Special Report With Bret Baier covered the story….

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