US Unemployment Rate If Republican Government Had NOT Cut Jobs

graph: private job growth in the US vs. government
Public job losse (red) and Private job growth (blue) in the US. The spike in government is the census.

If the Federal Government had NOT been so hell bent at cutting government jobs, then the unemployment rate would be around 7.1% – basically low enough to rid President Obama of economy-related problems for his reelection bid.

I think we have another conspiracy theory for the Democrats…

Everyone who has every watched a news program probably knows the story of republicans getting together on the day Obama was sworn into office, and all agreed to do whatever it takes to make him a one term president. Many republicans wear that moment with pride, and continue to say that’s been their plan from the beginning: block everything Obama tries to do and do what’s needed so he doesn’t get reelected.

And so comes the stream of Republican-led cuts to public sector jobs. We’re not just talking about unions, we’re talking about Congress pulling federal funding so that federal government and state government jobs get cut. These aren’t programs getting cut, these are peoples’ jobs: head of household jobs. Good jobs that create demand in the economy and help support additional private sector jobs. These aren’t minimum wage jobs that don’t have a large impact on getting the economy going again. Low-paying private sector jobs don’t have as big of an impact on the economy as these good-paying public sector jobs, because the former don’t make enough money to put it BACK into the economy, whereas good paying government jobs they DO make enough to put it back. That is a VERY important distinction.

The Republican Party… in the middle of a massive recession, has been doing everything possible to cut more and more of these jobs using “small government” as their banner… and sadly being very successful at hiding the truth: the huge impact cutting public jobs has on the overall unemployment rate.

graph: government job growth during last four US recessions
The last three recessions had an INCREASE in government jobs to help the recovery. Because of an obstructionist Republican party, this time there is a massive decrease, which is the reason why it’s been so long.

Approximately 550,000 jobs have been lost because the republican Congress has pulled funding for those jobs.

Again: these aren’t wasteful programs being cut, these are American workers: people who have mortgages, car payments, kids in college – people who put that money back into the economy. They’re not some vague “red tape bureaucrat” who is an evil entity of “a government worker” like the Republicans try to paint them to justify… firing them… basically, but cutting all the funding.

The Republican party has fired 550,000 people in the middle of a recession… Republicans… the jobs, jobs, jobs, party.

Of course, we know that republicans don’t like facts, but the second graph shows how the US has gotten out of the last three recessions before this one: the blue lines show the a growth in government jobs during those three recessions, while the red line shows the job loss due to republicans forcing a decrease in funding for both federal and state-level public jobs. Who was president in 1981? I forgot. Anyone? Interesting the Republicans have left out the fact that during the Ronald Reagan presidency the federal government HIRED its way out of a recession… what Republicans refuse to let the Obama administration do, even though it’s been proven three times since the Internet was invented as being a key factor in a fast economic recovery… but a strong recovery means Obama has an easier re-election, and there’s no way the Republican Party would allow that.

The Republican party has fired 550,000 American workers. Take into account all of the additional private sector jobs that have been lost as a result of that and we’re probably looking at a net job loss of around a million workers due to Republican job cuts. When the republicans stand at a microphone and say over and over again “Jobs, jobs, jobs” maybe we should remind ourselves that they aren’t saying “more jobs”. One could justifiably argue that republicans firing over half a million workers in the name of small government has a planned side effect of slowing the economic recovery and therefore making it more difficult for Obama to win re-election.

Reagan hired government workers to get out of a recession, George HW Bush hired government workers to get out of a recession, and his son, George W Bush hired government workers to get out of a recession… and it worked all three times. But they refuse to let an Obama administration do the same. Not only do republicans not hire, they fire half a million workers.

The stock market is at 13,000. When Obama took office it was 6600. GM is once again the largest car company in the world. Apple is the largest company (by value) in the world. Oil companies have posted the highest profits in the history of history. ALL of the major indicators of the economy have bounced back strongly except one: the unemployment rate of the average person… the person who votes… and those people were fired by the Republican party. Bad policy and bad politics, but that is the Republican party in the post-Obama era. Deregulation caused the collapse, and firing public sector workers has slowed the recovery: all Republican actions and policy beliefs.

The US unemployment rate would have been 7.1% had republicans not fired so many government and public sector workers. Imagine that.

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Category:  Politics     Tagged:
Published: by POLITUSIC | Updated: 09-10-2012 08:19:46
 
 

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