march jobs report nothing moving (unless you compare it to the bush jobs reports)

ACCORDING TO the Cam­paign for Amer­i­ca’s Fu­ture’s Pro­gres­sive Break­fast email newsletter for April 4, 2014, the March jobs re­port notes that there were 192,000 new jobs but the un­em­ploy­ment rate re­mained at 6.7%. They then com­plain that this is “more of the same: an economy growing too slowly to make a major dent in con­tinued mass un­em­ploy­ment.” They note that are fewer jobs now than there were in be­fore the Great Recession.

“The employment-to-population ratio re­mained un­changed this month at 58.9 per­cent, far below pre-recession levels. Long-term un­em­ploy­ment, at 3.7 mil­lion, changed little, and re­mains at his­tor­i­cally el­e­vated heights. Jobs growth con­tinues to be con­cen­trated in lower-wage jobs—temporary help ser­vices, ser­vice in restau­rants and bars.” (Our Fu­ture)

Fol­lowing some of the largest tax cuts in his­tory for the elite and the cor­po­ra­tions under Pres­i­dent George W. Bush, things changed dra­mat­i­cally in this country. After sev­eral years of reg­ular, modest monthly job gains, the whole economy plummeted.

By the time that Bush left of­fice, the United States was losing al­most a mil­lion jobs per month! This is the sit­u­a­tion that Pres­i­dent Obama in­her­ited, and con­tinued job loss was the norm for the first few years of his administration.

 

March Jobs Report Nothing Moving: photo of unemployed man with NO JOB NO MONEY sign.

This is to complain about?!!!

Now, six years into the Obama era, we find that the pro­duc­tion of a mere 192,000 new jobs per month to be “an economy growing too slowly” in re­gards to overall un­em­ploy­ment. That is, the dif­fer­ence be­tween the final years of the Bush ad­min­is­tra­tion’s monthly job fig­ures and the cur­rent Obama ad­min­is­tra­tion’s monthly job fig­ures is a plus one mil­lion for Obama!

This to com­plain about?!?

So while Bush re­mained the dar­ling of the media until the day he walked out of the White House de­spite his abysmal record with jobs and the economy, Obama con­tinues to re­ceive crit­i­cism even from his own side, de­spite his ex­cel­lent record with jobs and the economy—given the sit­u­a­tion that he inherited.

Of course, there will be no “major dent” made in con­tinued mass un­em­ploy­ment until pre-Reagan tax rates are rein­tro­duced and those same wealthy and those same cor­po­ra­tions that have ben­e­fited in his­toric pro­por­tions during the past thirty plus years re­turn the bulk of those profits in in­creased taxes.

Also of course, as long as our cam­paign fi­nance laws re­main slanted to­wards those same re­cip­i­ents and as long as lob­by­ists rep­re­sent their in­ter­ests in DC on a round-the-clock basis, nothing no­table will happen.

De­spite all of the brouhaha that the Damn Li­brull Media gives us about cor­po­ra­tions and their pre­sumed ability to create jobs, the exact op­po­site has al­ways been the truth: large cor­po­ra­tions elim­i­nate jobs over time. Period.

Job growth is cre­ated by the cre­ation of new small busi­nesses. Hence, it can be ar­gued that the single most pow­erful eco­nomic “weapon” that the United States fed­eral gov­ern­ment pos­sesses is the Small Busi­ness Administration.

Alas, this de­part­ment has be­come a bit of a joke, so warped by well-founded lib­eral in­ten­tions that it now seems that un­less you are a woman or a mi­nority, you simply cannot get an SBA loan—regardless of the sound­ness of your busi­ness plan and your ex­pe­ri­ence and even the ap­parent like­li­hood of success!

 

March Jobs Report Nothing Moving: photo of unemployed people in 1960s.

Whose Commission on Pornography?

Re­member the Reagan Ad­min­is­tra­tion’s ob­ses­sion with pornog­raphy? The At­torney Gen­er­al’s Com­mis­sion on Pornog­raphy (usu­ally re­ferred to as the Meese Com­mis­sion) and the re­sults that it pub­lished in 1986 (usu­ally re­ferred to as the Meese Re­port)? A com­mis­sion con­sisted of men and women with con­ser­v­a­tive so­cial values and even law en­force­ment backgrounds.

“The Jus­tice De­part­ment re­cently ap­pointed a Com­mis­sion with the man­date to over­turn the 1970 Pres­i­den­tial Com­mis­sion on Pornog­ra­phy’s finding that there is no ev­i­dence of a link be­tween sex­u­ally ex­plicit ma­te­rials and delin­quent or crim­inal behavior.”

This quote is from an ar­ticle ti­tled “The Ob­scene, Dis­gusting, and Vile Meese Com­mis­sion Re­port” by Pat Cal­ifia from 1986. Need­less to say, the Meese Re­port came up with op­posing views and made sug­ges­tions with the typ­ical rightwing lack of con­cern for the ex­is­tence of the First Amendment.

 

March Jobs Report Nothing Moving: photo of unemployed people in bread line in 1930s.

White Dragon Press and the SBA

This is a per­sonal anec­dote re­garding the SBA and me. In 1989, my best friend (re­ferred to as Jaytee) and I started a pub­lishing com­pany ex­pressly to pub­lish record col­lec­tors price guides au­thored by me. We named the com­pany White Dragon Press after Ruth, the white dragon in Anne Mc­Caf­frey’s mar­velous “Drag­onriders of Pern” se­ries of novels. (And if you have not read the first three at the very least, get thee hence to the li­brary and com­mence at once!)

I was the cre­ative part of the com­pany, Jaytee was the busi­ness part. He had been in­volved in man­age­ment in sev­eral of the coun­try’s top re­tail de­part­ment stores since the early 1970s, where he in­vari­ably rose to the top of the list of bright young man­agers at each cor­po­ra­tion. It was he who put to­gether WDP’s busi­ness model/plan, about which I knew nothing. We ap­plied to the SBA and our big day came for our interview.

We were, of course, turned down. This de­spite the fact that the gen­tleman (I re­ally can’t re­call his title or po­si­tion) told us that Jay­tee’s busi­ness plan was per­haps the best he had ever seen pre­sented to the Ad­min­is­tra­tion. In an off-the-record re­mark, he sug­gested we find a black or His­panic partner and reapply with him as the pri­mary figure in White Dragon Press!

In ways and means such as this, the SBA ful­fills the oth­er­wise seeming para­noid delu­sions of the con­ser­v­a­tive white male …

 

March Jobs Report Nothing Moving: photo of unemployed man sitting on stone steps.

WDP’s A Touch Of Gold as a collectable

Jaytee even­tu­ally found a lender to give him a per­sonal loan and White Dragon Press was off and run­ning, Our first pub­li­ca­tion was A Touch Of Gold – The Elvis Presley Record And Mem­o­ra­bilia Price Guide. Slightly more than 2,000 copies were sold be­fore the whole thing came crashing down on us, and not a bit of it our fault.

I get to end this piece with an­other “need­less to say”: an en­tire ar­ticle can be written about the launching of ATOG in 1990 and the events that sur­rounded it, which got cu­ri­ouser and cu­ri­ouser with each passing month. 2

But that’s an­other story …

 


FOOTNOTES:

1   This blurb is a front page in­tro­duc­tion to the ar­ticle “The March Job Re­ports: Nothing Moving.”

2   The book has be­come a bit of a col­lec­table it­self: as I type this on April 4, there is a single used copy of ATOG avail­able on Amazon with an asking price of $29. An­other copy can be found on eBay with an asking price/minimum bid of $65. I have seen it sell for as much as $100!

 

 

 

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