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obama,s jihad against economy

banker
Posts: 1,370
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4/1/2011 4:27:02 PM
Posted: 5 years ago
More people are working in gov then all other industries combined

If you want to understand better why so many states—from New York to Wisconsin to California—are teetering on the brink of bankruptcy, consider this depressing statistic: Today in America there are nearly twice as many people working for the government (22.5 million) than in all of manufacturing (11.5 million). This is an almost exact reversal of the situation in 1960, when there were 15 million workers in manufacturing and 8.7 million collecting a paycheck from the government. It gets worse. More Americans work for the government than work in construction, farming, fishing, forestry, manufacturing, mining and utilities combined. We have moved decisively from a nation of makers to a nation of takers. Nearly half of the $2.2 trillion cost of state and local governments is the $1 trillion-a-year tab for pay and benefits of state and local employees. Is it any wonder that so many states and cities cannot pay their bills? Every state in America today except for two—Indiana and Wisconsin—has more government workers on the payroll than people manufacturing industrial goods. Consider California, which has the highest budget deficit in the history of the states. The not-so Golden State now has an incredible 2.4 million government employees—twice as many as people at work in manufacturing. New Jersey has just under two-and-a-half as many government employees as manufacturers. Florida's ratio is more than 3 to 1. So is New York's.
the most important source for muslim Arabs:

"And thereafter We [Allah] said to the Children of Israel: 'Dwell securely in the Promised Land. And when the last warning will come to pass, we will gather you together in a mingled crowd'.".

- Qur'an 17:104 -

Any sincere muslim must recognize the Land they call "Palestine" as the Jewish Homeland, according to the book considered by muslims to be the most sacred word and Allah's ultimate revelation.

Ibn Khaldun, one of the most creditable
PervRat
Posts: 963
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4/1/2011 5:48:17 PM
Posted: 5 years ago
At 4/1/2011 4:27:02 PM, banker wrote:

If you want to understand better why so many states—from New York to Wisconsin to California—are teetering on the brink of bankruptcy...

Then look at reality and stop concocting fiction nor swallowing it from FOX News.

Massive taxbreaks for the corporations that are thriving and wealthy, massive rollbacks of regulations under Dubya put in place during the Great Depression to protect against the exact domino-toppling of banks that stated in mid to late 2008, a mass transfer of production out of the country to overseas sources that have little or no human rights, labor or environmental protections, including outright forced unpaid labor -- slavery -- supporting factories in China. The combination of massive domestic unemployment and loss of home ownership, both primarily due to corporate greed, has undermined the working class on whom the state and federal governments are increasingly reliant as the wealthy and corporations get not only tax reductions but massive loopholes to the point some of the wealthiest corporations and individuals in the U.S. pay single-digit % in tax, and some -- such as oil companies which are the most profitable industry right now -- get obscene billions in /subsidies/.

The greed of corporations has increased the wealth of the already wealthy while everyone else suffers and created both an economic crisis and a budgetary crisis for state and federal governments.

Now is not the time to defund mental health clinics, unemployment and other safety nets ... that will only worsen the situation.
banker
Posts: 1,370
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4/2/2011 7:54:12 PM
Posted: 5 years ago
Your respons is so much 80,s style that its not funny.!

How is your response addressing 33 percent on welfare?

How is your response addressing that more of us are employed in gov then in all other industries combined.?

Sometimes we need to refreshe the typical textbook responses to reflect todays reality.!!!
At 4/1/2011 5:48:17 PM, PervRat wrote:
At 4/1/2011 4:27:02 PM, banker wrote:

If you want to understand better why so many states—from New York to Wisconsin to California—are teetering on the brink of bankruptcy...

Then look at reality and stop concocting fiction nor swallowing it from FOX News.

Massive taxbreaks for the corporations that are thriving and wealthy, massive rollbacks of regulations under Dubya put in place during the Great Depression to protect against the exact domino-toppling of banks that stated in mid to late 2008, a mass transfer of production out of the country to overseas sources that have little or no human rights, labor or environmental protections, including outright forced unpaid labor -- slavery -- supporting factories in China. The combination of massive domestic unemployment and loss of home ownership, both primarily due to corporate greed, has undermined the working class on whom the state and federal governments are increasingly reliant as the wealthy and corporations get not only tax reductions but massive loopholes to the point some of the wealthiest corporations and individuals in the U.S. pay single-digit % in tax, and some -- such as oil companies which are the most profitable industry right now -- get obscene billions in /subsidies/.

The greed of corporations has increased the wealth of the already wealthy while everyone else suffers and created both an economic crisis and a budgetary crisis for state and federal governments.

Now is not the time to defund mental health clinics, unemployment and other safety nets ... that will only worsen the situation.
the most important source for muslim Arabs:

"And thereafter We [Allah] said to the Children of Israel: 'Dwell securely in the Promised Land. And when the last warning will come to pass, we will gather you together in a mingled crowd'.".

- Qur'an 17:104 -

Any sincere muslim must recognize the Land they call "Palestine" as the Jewish Homeland, according to the book considered by muslims to be the most sacred word and Allah's ultimate revelation.

Ibn Khaldun, one of the most creditable