Sunday, June 10, 2012

A Few Facts

  1. There are more Private Sector jobs today than there were the day Obama was elected president. In fact, corporate profits have been at or above pre-recession levels since the beginning of 2010.
  2. Republican governors across the country have been laying off millions of our nation's most valuable human resources: teachers, firefighters, police officers, and many others. This is why, even with more Private Sector jobs today than when Obama took office, our nation's unemployment rate is at a shameful 8.2 percent.
  3. Republican governors claim they had no choice but to fire those public employees because they were trying to fix their states' budgets. What they won't mention is this fact: Accepting an infusion from the federal government to tide them over while the private sector was shedding jobs by the millions and diminishing their revenue base would have helped their budgets get under control without having to sacrifice all those jobs.
  4. While those same Republican Governors turned down federal help House Republicans fought tooth and nail to make the federal aid so small it wouldn't have had any impact at all.
  5. Democrats have successfully led this country out of a near depression in spite of Republican obstructionism at every turn. The Obama administration did that in part by saving the American Auto Industry that Mitt Romney said he would have let go bankrupt.
  6. Corporations have no patriotic incentive to use their profits to put Americans to work.They are currently sitting on over 1.9 trillion dollars instead of using it to pay their workers a living wage so they can afford to buy more things, creating more demand and by extension, creating a real need to hire more workers.
  7. The country cannot enjoy a robust economy if the predominance of the nation's wealth is being hoarded in bank accounts by the Private Sector and not put back into circulation into the economy that allowed them to make it.
  8. Public Sector hiring can return a troubled economy back to full stability, as history proves.
These facts are edited directly from Jill W. Klausen's blog and can be found in context and in original form at the link provided.