The bush/repub Years

(11 am.

There will be no noon promotion.  I want these hard cold facts to sink in for at least 2 hours. – promoted by ek hornbeck)

As the old saying goes, “Read it and Weep!”

ZERO Net Jobs Created Since 1999

For most of the past 70 years, the U.S. economy has grown at a steady clip, generating perpetually higher incomes and wealth for American households. But since 2000, the story is starkly different.

The past decade was the worst for the U.S. economy in modern times, a sharp reversal from a long period of prosperity that is leading economists and policymakers to fundamentally rethink the underpinnings of the nation’s growth.


There has been zero net job creation since December 1999. No previous decade going back to the 1940s had job growth of less than 20 percent. Economic output rose at its slowest rate of any decade since the 1930s as well.

Middle-income households made less in 2008, when adjusted for inflation, than they did in 1999 — and the number is sure to have declined further during a difficult 2009. The Aughts were the first decade of falling median incomes since figures were first compiled in the 1960s.

And the net worth of American households — the value of their houses, retirement funds and other assets minus debts — has also declined when adjusted for inflation, compared with sharp gains in every previous decade since data were initially collected in the 1950s. ..>>>>>

There wasn’t a month in those eight years that went into positive job creation numbers, for a very short time that was being reported, then it quickly stopped and never mentioned again!

With two occupations started they even kept changing the numbers of recruiting monthly goals to show them as continuing reaching the military numbers needed for National Security and Two Occupations. They also raised the recruitment age and lowered the criminal backrounds!

Will add:

Though many will say the Democrats took over Congress in ’08 so maybe they should share any blame for the last couple of years all one would need do is visit the Congressional Records to see that they’ve been trying to clean up the total mess, in a number of area’s, that preceeded them from the No working repubs. Just take the Veterans and Military, i.e. Walter Reed and Base living etc.. They were finally doing oversite and investigative hearings into what wasn’t done or didn’t concern the previous congresses as they waged two long running occupations with their rubber stamping of that administrations wants!!

Oh ya, they were also telling us that with the new, after 9/11, Homeland Security Agency that intelligence sharing was working better then ever before!! We saw how good on Christmas Day!!


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  1. TMC

    needs to take a clue from the Israelis on airport and airline security. The skivvies bomber never would have made it onto any El Al plane, anywhere. And that’s without total body scanners.

  2. ek hornbeck

    There will be no noon promotion.  I want these hard cold facts to sink in for at least 2 hours.

  3. dkmich

    They all mostly agree there is going to be another huge dip in the market and that precious metals and energy is the place to hide out for many years.   One said unemployed software people need to start following the money.   Tons of wealth was carved out of North America, and it went where?   Who got rich beyond their wildest dreams?  We have been so deliberately screwed, it is hard to imagine.  And people don’t understand why there is so much anger at Barack Bush Obama.  

  4. Lasthorseman

    the Clinton SHAFTA/deregulation years?  The very start of the China/India industrial Gold Rush via those countries carbon exemption status before big Al made it a household word?  Was that before or after western capitalism was having an orgasm over entering the billion man Chinese marketplace in spite of geo-political risks associated with a government known to crush dissidents.  Wait a minute, don’t we do that here?

    I’m so confused!

  5. Xanthe

    After all, he has never really had a job out in the workplace – has he?   Law school and then neighborhood politics, then running for office – and finally office.

    While he was writing his book, he was given an office at then Sidley & Austin in Chicago to write.  I don’t believe he went thru what newbies do at lawfirms – long hours, grunt work. He did work for another law firm for awhile in Chicago – how long did that last?

    Good for him in a way – he knew what he wanted and he went after it.  This is the trajectory of most politicians – it’s a good gig.  It shelters them from the private workplace and its uncertainties.  And, of course, after awhile they can rail against too much government and tout private industry.  Kinda screwy!

    Look what he inherited – read previous diary – zero job creation in the oughts.  A really bold program has to be put out there – do any of them have it in them – they’ve lived a sheltered existence.

  6. Noor B

    here’s the comment I put up on Big Orange this morning in a Devilstower column.  It backs up what Jim’s writing about on the levels of suffering out there.  Be sure to check out the graphs links in the article.

    Did you read the same NYTimes article I did?

    The one on food stamp usage?  (DD’ers:  here’s the link:  http://www.nytimes.com/2010/01… )  Because it sure as hell made my blood boil as hard as yours.  And it touches on the exact same heartless mentality you describe.

    Here’s the section that really got to me, with the truly offensive parts bolded:


    The Times collected income data on food-stamp recipients in 31 states, which account for about 60 percent of the national caseload. On average, 18 percent listed cash income of zero in their most recent monthly filings. Projected over the entire caseload, that suggests six million people in households with no income. About 1.2 million are children.

       The numbers have nearly tripled in Nevada over the past two years, doubled in Florida and New York, and grown nearly 90 percent in Minnesota and Utah. In Wayne County, Mich., which includes Detroit, one of every 25 residents reports an income of only food stamps. In Yakima County, Wash., the figure is about one of every 17.

       Experts caution that these numbers are estimates.


       The expansion of the food-stamp program, which will spend more than $60 billion this year, has so far enjoyed bipartisan support. But it does have conservative critics who worry about the costs and the rise in dependency.

       “This is craziness,” said Representative John Linder, a Georgia Republican who is the ranking minority member of a House panel on welfare policy. “We’re at risk of creating an entire class of people, a subset of people, just comfortable getting by living off the government.”

       Mr. Linder added: “You don’t improve the economy by paying people to sit around and not work. You improve the economy by lowering taxes” so small businesses will create more jobs.

    Let me get my emotional reaction out of the way:  WHAT THE FUCK IS THIS MAN SMOKING????????  We need to ban it now for killing so many brain cells and all human feeling in one fell swoop.  It is a patently dangerous substance, whatever it is.

    Okay… deep breath.  Of course we need more job creation.  That would be the best possible solution.  But tax incentives alone are the same stupid, not-so-smart, bat-shit-insane path that helped get us into this mess in the first place.  Doing it all over again is tantamount to economic immolation.  You might as well BURN all that money, because at least it might keep you warm for all of thirty seconds as you stand shivering on the street corner by the overpass.

    In the interim, what has happened in my home state is unprecedented in my lifetime.  If this asshat really thinks letting his fellow citizens starve is a public good, I suggest he and his be the first to try going without income support, without food assistance, and see how he likes dumpster-diving for his sustenance.

    The Party of No largely created this debacle.  They own it.  They need this wired around their necks like a rotting chicken for the rest of the damned century.

  7. Shaharazade

    speech’s (those after the primary)in retrospect he really pumps the American Dream/fantasy. The Horatio Alger myth, which says you too can be like me and rise to become the biggest gangster. A different version of ‘I feel your pain’. I think in this he is sincere, it’s his story. It does not works never really did and like the federal government only serves to keep the ‘wealth creation’ in the hands of the few for the few. I’m over disappointment in Obama, he is a shiny bauble that is for inspiration to keep the people hooked on the Dream instead of building an economy that is real. He’s not really the problem he’s just another cheerleader from hell.                  

  8. Xanthe

    a writer and a comedian.  That is really uncertain and hard work.

    Once on the Jerry Seinfeld show, someone asked him about his “jobs”.  I never had a job – he says – But making people laugh is an honorable gig.

  9. dkmich

    If we can see what they are doing to jobs and the middle class, I don’t believe for one second that Barack Obama doesn’t get it.  He gets it and doesn’t give a shit, which is why he will be a one term president.  Don’t pretend there will be anyone better, but at least he’ll get his.  

  10. Xanthe

    he may reach out to the progressives – but of course every day he is in office – he is more comfortable with his centrist nature.  

    I see he calls Hawaii his home (well, it is winter in Chicago).  It’s nice to be nimble.

  11. Shaharazade

    the center requires sides around it, it is a core at the heart and is not static. It also depends on who’s defining it and what it is the core of. As it stands now it does not jibe at all with the center of reality of most people. they call Nelson a moderate another misleading term, Moderate in comparison to what? Obama to me has no core he’s just a front to distract the people. The real center politically does not exist it has been created by those in power and they move it to suit their agenda. They turn the the whole spectrum inside out and call it reality they base their bamboozle on the numbers which they read like tea leaves and then apply to there version of reality. To them there is no left no right just power and the rest is part of the illusion they are using to keep it .    

  12. Xanthe

    But campaigning is a game to these guys.  All those people with shiny uplifted faces who believed him who are in worse shape now.

    Damn it!

  13. Edger

    called investment bankers and derivatives salemen?

  14. dkmich

    They only have to be subjected to Clinton’s welfare reform program in return because it is obvious they are free loaders.  They need to stand on their own two feet and get a job on WS or in a bank.  

    Meanwhile Obama is in Hawaii or the WH dining on imported foods prepared by taxpayer funded staff.  Not only is he a liar, he’s insensitive.  At least Carter turned down the fucking thermostat.  

  15. Noor B

    That’s okay, but helping the frightened people who lost everything because of these clowns?  Not so much.

  16. Edger

    A law that says before they even think about bailing out the derivatives salesmen in the investment banks, they have to FIRST bail out the underlying property holders? Or they lose their jobs in Congress and the White House.

    –> “We could have paid off every single sub-prime mortgage in this country – the total amount of sub-prime mortgages outstanding at the beginning of this crisis was 1.4 trillion dollars […] we could’ve paid of every existing mortgage, sub-prime or not, for about 12 trillion dollars.”

    Instead we gave, you know, roughly 18-20 trillion dollars to these banks, so that they could recover themselves or give themselves bonuses…”

  17. dkmich

    as much as party identification or campaign platforms matter?  If so, why not vote third party or anti-incumbent regardless of party?  A wasted vote is a wasted vote, and Obama is proof of that.  

  18. dkmich

    It was about corporate profits and destroying the US economy really wasn’t that important to any of them.   As they as they have theirs, hooray for them.  

  19. Xanthe

    the Chinese marketplace – I’ve not seen much evidence – flow other way, doesn’t it?

  20. Xanthe

    The Democrats have lost that small difference that once made my life a bit better.  I used to tell people that I was always screwed as a working class woman but with the Dems I was screwed a bit less — no more.

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