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View Diary: Ayotte says she voted against paycheck fairness because 'job creators' and 'existing laws' (78 comments)

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  •  "You've been given enough" (11+ / 0-)

    A thread that ties together lots of NeoLiberal Economic Theology (I cannot bring myself to call it "thought" or even "theory").

    Here in Michigan, our "Benevolent Dictator" got rid of the State's EITC because (I'm paraphrasing here, but just about any MI Kossack will confirm the gist) "there's already a Federal one, and that's enough."

    On the national level, numerous times we've witnessed millions more becoming no longer eligible for Unemployment Insurance, and due to the Sequester a whole range of Safety Net programs because of the Doctrine of "That's Enough". If it didn't result in needless suffering and dying, it might be funny.

    When you are right you cannot be too radical; when you are wrong, you cannot be too conservative. --Martin Luther King Jr.

    by Egalitare on Thu May 02, 2013 at 11:11:14 AM PDT

    •  Who are the job creators? (3+ / 0-)
      Recommended by:
      ccyd, Egalitare, OooSillyMe
      it created a lot of additional burdens that would have been hard, um, to make it more difficult for job creators to create jobs.
      So who are the job creators? Although Republican economic theory (and I use the term loosely), supply creates its own demand. Ever since Henry Ford started offering higher wages to attract workers in 1905, however, experience has shown that the consumers play a far larger role in the economy than the GOP gives them credit for.

      There is a joke about a young man who gets a good job at a firm in downtown Manhattan. As his new boss is showing him around the neighborhood, the boss points out, "There are the bankers' boats, and there are the stockbrokers' boats, and over theeeere are the CEOs' boats. The young man asks, "Where are the customers' boats?"

      The GOP exaltation of the rich as "job creators" hides the truth that the customers haven't been able to afford their boats, so the tide hasn't lifted them; and the economy and fomenters of policy should care more about them.

      The furor over Friday's [10.5] job report revealed a political movement that is rooting for American failure, so obsessed with taking down Obama that good news drives its members into a blind rage. -Paul Krugman

      by Judge Moonbox on Thu May 02, 2013 at 06:10:20 PM PDT

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