Comments on: Jobs First Because Jobs Fix Deficits

By: Help The Progressive Caucus Disarm The Austerity Bomb | Seeing the Forest

Help The Progressive Caucus Disarm The Austerity Bomb | Seeing the Forest — Thu, 07 Feb 2013 00:56:06 +0000

[...] The message: Jobs first, because jobs fix deficits. [...]

By: Why DC Ignores Real Problems And What You Can Do About It | Seeing the Forest

Tue, 22 Jan 2013 23:59:23 +0000

[...] we have strict “Buy American” requirements for the materials, steel,etc.) (PS this also helps fix the budget problem because people with jobs are paying taxes, not using the safety net, and the economy becomes more [...]

By: Deficits Were On Purpose To Cause This “Crisis” - Dave Johnson

Deficits Were On Purpose To Cause This “Crisis” - Dave Johnson — Mon, 31 Dec 2012 19:14:52 +0000

[...] Jobs First Because Jobs Fix Deficits [...]

By: DHFabian

DHFabian — Sat, 08 Dec 2012 04:10:00 +0000

The power is with the middle class. They have the ear of the media and government. They have the numbers and the means to demand or block any legislation. The politics we have today is the politics selected by the middle class. If they want change, they have to get up and require that change, the way that past generations have had to do on occasion. If they don’t feel like organizing and demanding that govt — those people they hired to represent their interests — pay attention, they don’t deserve change. In the past, each time the richest few gained a dangerous degree of power, the poor and middle classes united to successfully push back, to the benefit of both. This time, the middle class threw the poor off the cliff, so they have to do it alone. But again, if they do nothing, they deserve nothing better than they get.

By: Martman

Martman — Thu, 06 Dec 2012 17:38:37 +0000

A 1% annual tax on the wealth of those with a net worth of $1 million to $5 million and 3% above $5 million would bring in about $400 billion next year and more in the following years. The rich would still continue to get richer. This would cover about 5 or 6 million jobs at $50,000 each after you account for materials and profits for the companies involved.

After the ripple effect we’d probably be booming as unemployment fell and wages economy-wide rose. Of course we’d have to have meaningful tariffs otherwise the new incomes would tend to flow to the bottom line of multinationals instead of other Americans.

We could rescind the tax when unemployment reached 4% and the average income of the bottom 90% reached 10% of the average income of the 1%. New data just released by the IRS shows that in 2010 the average income of someone in the bottom 90% was only 3% of the average income of someone in the 1%. ($36,000 v.s. $1.1 million)

By: Should Democrats Fold to Republican Demands? - Dave Johnson

Should Democrats Fold to Republican Demands? - Dave Johnson — Thu, 06 Dec 2012 16:27:41 +0000

[...] in Jobs First Because Jobs Fix Deficits I talked about how the debate in DC should be about jobs, not cuts! The pubic wants government to [...]

By: clarence swinney

clarence swinney — Thu, 06 Dec 2012 16:01:49 +0000

PROGRESSIVE TAX CODE ESSENTIAL
The Wealthy and Corporations are riding high with record profits and income.
The Middle Class wages are stagnant.
In 2010, 93% of income gain went to top 1% of families.
Corp made record 1700B profit in third quarter of this year.
Wages are at all time low or 43% of GDP.
We rank in OECD as #1 with 44 percent of workers earning low wages.
We rank #2 as least tax on corporations.
We rank # 3 as least taxed as percent of GDP.
We rank #4 on Inequality.
Many experts recommend Cap Gains and Dividends be taxed as ordinary income at 28%.
In 2009—All Tax returns were taxed at 11.06% Tax Rate. Top 10% got 34% of income taxed at 18%;
25% got 66% of income and taxed at 15%; 50% got 87% and taxed at 12.5%. Borrowed 1400B.
Republicans are very very wrong to fight tax increases on wealth. It is almost insane. The problems are obvious but they choose to ignore them for political gain at expense of hurting economic growth that comes from demand by the under paid middle class.

By: Progressive Breakfast - Bill Scher

Progressive Breakfast - Bill Scher — Thu, 06 Dec 2012 12:55:45 +0000

[...] OurFuture.org’s Dave Johnson: “The economy is slowing, with signs of trouble on the horizon. Trade deficits are huge, a bad manufacturing number this week, Europe still stagnant and slipping (because of austerity), China slowing … This slowing is not happening because people are ‘worried about the fiscal cliff.’ … The slowdown is because the jobs are not coming back fast enough, wages are stagnant and falling, and the government is not doing anything about it … the country could just hire people to do those jobs that need doing — like FDR did. How hard is it to understand that?” [...]

By: Chatham H. Forbes Sr.

Chatham H. Forbes Sr. — Thu, 06 Dec 2012 09:13:25 +0000

Yes, job creation through stimulus is our most urgent priority. Yet Washington is arguing about deficits, and about not raising the debt limit!! Altogether now: Are we being served? There may well be something pathological at work here. Also, we the people own Social Security and Medicare. We bought them. We paid for them. Now the right wingers claim the right to cut what we paid for?

By: Theodore Wirth

Theodore Wirth — Wed, 05 Dec 2012 21:50:19 +0000

The ROI of every dollar invested in infrastructure is at minimum two dollars. The Repuglicons can’t even do that math.