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#job creation
alwaysbewoke · 24 days
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The ulterior motive to keep Haiti in turmoil
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tomorrowusa · 14 days
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^^^ Job totals in millions in the US by party of the president. Those are apparently net totals which subtract losses from gains at the end of each period.
Republicans create catastrophes (i.e.: the Great Recession, the incompetent response to COVID, the Iraq Invasion, etc.) and when Democrats are subsequently elected, Republicans then complain that Dems aren't cleaning up the GOP mess fast enough.
Another useful stat regarding the economy and the parties in the past 35 years.
Number of recessions which began under Democratic presidents since 1989: 0 Number of recessions which began under Republican presidents since 1989: 4
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^^^ Source: Federal Reserve Bank of St. Louis
Somehow, the fallacy that Republicans are "good for the economy" is still being circulated. Likely it's oligarchs and corporate billionaires who circulate it because the GOP is good for their economy. Republicans have passed three rounds of tax breaks for the filthy rich this century which have only made the rich richer and the poor poorer.
At the beginning of the Clinton administration in 1993, taxes on billionaires were raised. That began a period of innovation and prosperity not seen since the 1950s. It also led to the first budget surpluses since 1969 and a tapering off of the national debt.
If you want true prosperity, do something about income inequality. Filling the pockets of billionaires with loot only makes the filthy rich even more prosperous.
BREAKING NEWS: Did somebody mention the economy just now? 🙂
US economy added a whopping 303,000 jobs last month, far outpacing expectations
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nando161mando · 8 months
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reasonsforhope · 1 year
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“Kelp is a large, fast-growing brown seaweed that sequesters carbon and harmful pollutants. It’s also full of nutrients and is used in foods, pharmaceuticals and fertilizers — making it a big business.
The global commercial seaweed market is valued at around $15 billion and is projected to reach $25 billion by 2028. In the United States, the kelp market is expected to quadruple by 2035, according to the Island Institute.
For the estimated 800 residents of the Shinnecock Reservation, where [Tela] Troge said some families live on just $6,000 a year, kelp farming could be an economic lifeline. On one side of Shinnecock Hills, “you have billionaire’s row where some of the wealthiest people in America have homes,” Troge said. “Then, on the other side, you have Shinnecock territory, where 60 percent of us are living in complete poverty.”
In 2019, Troge, an attorney who has represented the Shinnecock Nation in federal land rights cases, was looking for a way to create jobs and clean up Shinnecock Bay. That’s when GreenWave, a nonprofit that promotes regenerative ocean farming, approached the community about starting a kelp hatchery.
Troge and five other women from her community formed the Shinnecock Kelp Farm, the first Indigenous-run farm of its kind on the East Coast...
Kelp forests promote biodiversity, lessen ocean acidification and remove dissolved carbon dioxide from the water. One meta-analysis by researchers at the National Oceanic and Atmospheric Administration found that, on average, these farms remove 575 pounds of nitrogen per acre... Seaweed aquaculture could absorb nearly 240 million tons by 2050, equal to the annual emissions from more than 50 million fossil fuel–powered cars, according to a 2021 study published in Nature...
The farm is already cleaning up the area, Hopson Begun said; since operations began she said the water appears clearer and more birds fly overhead.” -via Nexus Media News, 11/15/22
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commonsensecommentary · 10 months
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“The fact of the matter is remote work might be rapidly erasing the very reason for the continued existence of many formerly vibrant American cities.”
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factcheckdotorg · 2 months
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President Joe Biden held a White House event on Friday to sign an executive order on abortion access, but before getting to the topic at hand, the Democrat wanted to focus some attention on an unrelated matter: the latest good news on job creation. From Biden’s remarks:
“Today, the Labor Department reported that we added 372,000 jobs last month — 372,000. Here’s why it’s important: Our private sector has now have recovered all the jobs lost during the pandemic and added jobs on top of that. We have more Americans working today in the private sector than any day under my predecessor, more today than any time in American history — today. In the second quarter of this year, we created more jobs than any quarter under any of my predecessors in nearly 40 years before the pandemic.”
It was tough to blame the president for wanting to highlight the good news. For one thing, as his approval rating sinks, it stands to reason that the White House would want to tout good news about such an important issue. For another, much of the public probably doesn’t realize that the job market has soared with unexpected and unpredicted strength under Biden, and the unemployment rate is lower now than at any point throughout the 1970s, 1980s, or 1990s.
What’s more, as we discussed last week, the economy has created 2.63 million jobs so far in 2022, and the year is only half-over. By any fair measure, that’s an extraordinary total, more in line with what we’d expect to see in a full year. In fact, more jobs have been created in the last six months than in any full year of Donald Trump’s term.
It was against this backdrop that House and Senate Republican leaders said ... nothing. The GOP has largely decided to pretend not to notice job growth at all.
Circling back to our recent coverage, it seemed at least possible leading Republican officials would argue that Democrats don’t deserve credit for the economic recovery. Or perhaps they’d argue that robust job growth was inevitable after the 2020 recession. Maybe they’d even try to say that Trump was somehow responsible for creating economic conditions he had nothing to do with.
But Senate Minority Leader Mitch McConnell and House Minority Leader Kevin McCarthy instead ignored the economic news altogether: No press releases, no tweets, and no public comments. They literally found themselves speechless — just like last month and the month before that and the month before that.
As regular readers may recall, it was more than a year ago when we saw the worst month for job growth since Biden’s inauguration: In April 2021, the economy created 269,000 jobs. Under normal circumstances, that would’ve constituted a great total, but with the country still climbing out of its pandemic-driven hole, the April 2021 report was a disappointment.
Republicans wasted no time in pouncing on the data, blaming Democrats for the shortfall. McCarthy released this press statement soon after the data was released:
“Today’s disappointing jobs report confirms once again that President Biden’s tax-and-spend policies are bad for American workers, families, and small businesses.... Experts are calling this jobs report the ‘worst miss in 23 years’, and it was a direct result of President Biden’s counterproductive policies. So President Biden is not fixing a crisis, but creating new ones.”
In the days that followed, the House GOP leader continued to make a direct connection between the White House’s economic agenda and the U.S. job market. A week after April numbers were released, McCarthy again argued, “President Biden and Democrats will make excuses for this abysmal reality, but the truth is their own massive spending agenda created this problem.”
It wasn’t just McCarthy. The Republican National Committee connected Biden’s policies and job growth over and over and over again. McConnell’s Senate website blamed “persistent unemployment” on Democrats.
There was one important problem with this strategy: It was apparently based on the idea that the U.S. job market would continue to fall short for the indefinite future.
It did the opposite: The economy created over 6.7 million jobs in 2021, which was a record high that surpassed the total number of jobs created across each of Trump’s first three years in office combined. All told, we’re now up to over 9.37 million jobs since January 2021 — a total that seemed impossible as last year got underway.
The political problem for Republicans is obvious: If a discouraging monthly jobs report is proof that the Democratic economic agenda is a failure, then several months’ worth of encouraging monthly jobs reports is necessarily evidence that the Democratic economic agenda is a success.
The more GOP leaders say Biden is directly responsible for the nation’s economic conditions, the easier it is for the Democratic White House to take credit when those conditions look great.
It’s okay for Republicans to applaud good news for their own country. When the unemployment rate reached 3.6 percent in the last administration, for example, McCarthy was eager to celebrate. Does he care to explain why he has so little to say now?
Postscript: It’s important to note for context that the Republican National Committee did issue a press statement on Friday morning acknowledging the existence of the latest monthly jobs report. It credited “Republican-led states” for the good employment data.
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Abortion is to healthcare what slavery was to job creation.
Darrell B. Harrison
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Why would they go all altruistic and create jobs anyway, unless the jobs were necessary?
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scribblewise · 1 year
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I drew this while listening to Oingo Boingo
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tomorrowusa · 3 months
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What's a MAGA zombie to do when the economy is not just good but is even improving beyond good?
The Department of Labor's stats for January, released on Friday, showed greater US job growth than expected AND a rise in hourly wages. The US economy added 353,000 jobs in January, almost twice as many as forecast, in “stunning” figures that led investors to slash expectations for interest rate cut in March. Economists had expected a 180,000 jobs increase for last month, according to an LSEG survey. Tom Simons, US economist at Jefferies, described the figures as “stunning numbers” that left him “near speechless”.
Not only were the January figures strong, but the November and December figures were revised upward based on data still being analyzed.
Friday’s jobs report by the Bureau of Labor Statistics also showed that US workers’ average hourly wages grew 0.6 per cent to $34.55 — up 4.5 per cent over the past 12 months. Revised figures in the report indicated that the US had added 333,000 jobs in December, up from a first estimate of 216,000. The figure for November was also upgraded, by a more moderate 9,000 to 182,000.
Donald Trump once claimed that he created "the greatest economy in the history of the world." Typical Trumpian bullshit from the guy who told over 30,000 documented lies during his term.
Trump was the first president since Herbert "Great Depression" Hoover to leave office with a net loss in the number of American jobs,
In terms of percentage of jobs, Trump looks yet worse. Even G.W. Bush had a tiny increase – being saved by the fact that he left office before most of the effects of his Great Recession kicked in.
This Washington Post chart was published in January 2021.
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Some people bizarrely think Republicans are better for the economy - but stats simply don't support that. The Republican economy is probably better for billionaires who got enormous tax breaks from Ronald Reagan, George W. Bush, and Donald Trump.
A second Biden term would probably place him in the same territory as LBJ, Truman, and Bill Clinton for job growth.
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mauricesmall · 1 year
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Reusing old flowers. An ingenious way to look at waste products.
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nationallawreview · 2 years
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An Investment Worth Making: How Structural Changes to the EB-5 Program Can Ensure Real Estate Developers Build a Good Foundation for Their Capital Projects
An Investment Worth Making: How Structural Changes to the EB-5 Program Can Ensure Real Estate Developers Build a Good Foundation for Their Capital Projects
The United States has made major changes to the rules governing its EB-5 program through the enactment of the EB-5 Reform and Integrity Act of 2022 (RIA). The RIA was a component of H.R. 2471—the Consolidated Appropriations Act, 2022—which President Biden signed into law on March 15, 2022. And while the RIA made many sweeping changes to the EB-5 landscape, including establishing an EB-5 Integrity…
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an early radicalising moment for me was leaving the cinema with a friend (who i later discovered to be a committed antifeminist) and bringing my rubbish with me, but he encouraged me to throw it on the flor as he had, reasoning that this 'created jobs'.
he was right, of course - an attendant cleaned the theatre as we were leaving, and would've been made redundant if everyone were conscientious with their empty cans.
this innoculated me against the past 10 years of politicians of all stripes lauding 'job creation' as an important or necessary goal.
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newslime · 13 days
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Exploring Congress's Manifesto: Key Highlights and Promises
In a bid to regain voter confidence and address the concerns of the marginalized sections of society, the Congress party recently unveiled its manifesto for the upcoming Lok Sabha elections, titled “Nyay Patra.” With a comprehensive 46-page document, the Congress has outlined a series of promises aimed at addressing issues ranging from job creation to social justice and women empowerment. Let’s delve into the key takeaways from this manifesto:
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1. Social Justice: The Congress manifesto emphasizes social justice measures, including raising the cap on reservation for SCs, STs, and OBCs, implementing the 10% quota for Economically Weaker Sections (EWS), and doubling funds for scholarships for marginalized students. It also pledges to address discrimination in educational institutions and promote diversity in employment and education.
2. Unemployment: With a focus on job creation, the Congress promises to enact a Right to Apprenticeship Act, fill vacant government positions, and provide support for start-ups. The party also plans to introduce urban employment programs and enhance social security for gig and unorganized workers.
3. Women Empowerment: Recognizing the importance of women’s welfare, the manifesto proposes cash transfer schemes for women, reservation in Parliament and Assemblies, and job quotas in the central government. Additionally, the Congress aims to implement measures to ensure women’s safety and empowerment.
4. Institutional Overhaul: The Congress manifesto includes promises to strengthen constitutional institutions, protect freedom of expression, and ensure accountability in law enforcement agencies. It vows to review laws related to telecommunications and reform the criminal justice system to uphold individual rights.
5. Other Major Promises: The manifesto pledges to abolish the Agnipath scheme, restore full statehood to Jammu and Kashmir, and expand Article 15 and 16 to prohibit discrimination based on disability or sexual orientation. It also outlines plans for electoral reforms, tax reforms, and judicial reforms.
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