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Government Promises Jobs … Delivers Pain

Washington’s Blog [1]
September 22, 2012

rn9Cz Government Promises Jobs ... Delivers Pain [2]But I was Promised a “Shovel-Ready” Job!

Government leaders talk about creating jobs … but their actions just hurt the average American.

Mr. Self-Sufficient Job Creator Mitt Romney’s Bain Capital destroyed jobs left and right [3].

Romney launched Bain Capital with money from the leaders of El Salvador’s death squads [4].

And a federal bailout saved Bain [5] from ruin.

But surely Mr. Liberal Help-the-Little-Guy Barack Obama is fighting for the worker?

Unfortunately not … Obama thinks that unemployment is a good thing [6], because it shows that the economy is productive.

Despite the partisan rhetoric [7], Obama and Romney both support policies which help the ultra-rich [8] – andpoliticos in D.C. [9]– at the expense of everyone else. [10]

They both support terrible government policies [6], the off-shoring of American jobs [11]never-ending bailouts [12]and ruthless behavior by the big banks [13] … and so we will continue to have Depression-level unemployment [14] under either a second Obama term or a president Romney.

Indeed:

– There are lots of jobs for the 1%, but few for the poor [8]

– The politicos and lobbyists are doing great – D.C. has the highest income in the country [9] – and yetMain Street is suffering [10]

In case we weren’t clear about how unhelpful government policies are in relation to job creation, let us give some example:

– The government has intentionally squashed [15] lending by the big banks in an idiotic attempt to give the banks never-ending bailouts, without causing runaway inflation.  (And see this [16])

– An economics professor says we’ll have “a never-ending depression unless we repudiate the debt, which never should have been extended in the first place” [17] … but the government refuses to ask big banks to write down their debts

– Fraud was one of the main causes of the Depression, but nothing has been done to rein in fraud today [18]. But the only action the government is taking is to help cover up fraud [19]

– All leading independent economists have said that the economy cannot recover until the big, insolvent banks are broken up [20], but the government has just helped them to get bigger [21]

– Excessive leverage helped cause the Great Depression and the current crisis, but the government has encouraged more leverage [22]

– The Federal Reserve caused the Great Depression and the current crisis [23], and has done nothing but help the fatcats at the expense of the little guy. And yet the government has given the Fed more power than ever [24]

– Government policies send manufacturing jobs and dollars abroad [25]

– The government’s monetary policy is only making things worse [26]

– The government is doing everything else wrong. See this [27] and this [28]