One current example from Yahoo Finance of how the federal government can assist in job creation and retention, in this case U.S. manufacturing. Note that this action is via executive order. Had the obstructionist House gotten involved, Darrell Issa -- aka Joe McCarthy Jr. -- would find cause to conduct hearings on some unrelated matter.

 

http://finance.yahoo.com/news/obama-plans-executive-actions-strengthen-100502547.html

I despise the "job creator" rhetoric from both sides of the aisle. From the left it always sounds like raving lunacy about the amorphous villainy of big business to score points with liberals (which is hilarious coming from one of the Clintons, among the greatest political friends Wall Street ever had). From the right it always sounds like patronizing garbage about the generous benefactors we should all placate and bow to so that we might be provided a means of sustenance.

 

Who creates jobs? Everyone. That's how liberal economies work.

When a business owner hires someone in at 10.00 per hour... It costs the owner around 17.00 per hour for that employee because of government overhead..

 

Sounds like you have a good view.

 

An offshore college level resource can be less than $15 an hour of total cost to a company.

 

Unfortunately once the model went global for white collar jobs it was a game changer.

I despise the "job creator" rhetoric from both sides of the aisle. From the left it always sounds like raving lunacy about the amorphous villainy of big business to score points with liberals (which is hilarious coming from one of the Clintons, among the greatest political friends Wall Street ever had). From the right it always sounds like patronizing garbage about the generous benefactors we should all placate and bow to so that we might be provided a means of sustenance.

 

Who creates jobs? Everyone. That's how liberal economies work.

 

I'm confused on what your last statement means ?

I'm confused on what your last statement means ?

 

All business need capital to thrive. Capital is derived from investors and consumers. All those people work for someone else, who in turn either employ or work for someone else.

 

None of this happens in a vacuum. Job creators don't just wake up one day and decide "Hey, I'm going to make some jobs." The "creators" need employees and customers in order to keep "creating." This ALL happens in a vibrant economy that functions with the complexity of a rainforest ecosystem. Vibrant economies are the result of and are good for firm bosses, employees, consumers, etc. and require the cooperative functioning of all of them.

 

The rhetoric of who creates and who leeches reduces economies to polarizations and simplicities that don't exist in order to score easy points with voters who already agree with what they have to say. It happens on both the right and the left and I hate it.

All business need capital to thrive. Capital is derived from investors and consumers. All those people work for someone else, who in turn either employ or work for someone else.

 

None of this happens in a vacuum. Job creators don't just wake up one day and decide "Hey, I'm going to make some jobs." The "creators" need employees and customers in order to keep "creating." This ALL happens in a vibrant economy that functions with the complexity of a rainforest ecosystem. Vibrant economies are the result of and are good for firm bosses, employees, consumers, etc. and require the cooperative functioning of all of them.

 

The rhetoric of who creates and who leeches reduces economies to polarizations and simplicities that don't exist in order to score easy points with voters who already agree with what they have to say. It happens on both the right and the left and I hate it.

 

I don't know if I can agree with everything you said. Sure a business needs consumers for revenue to create jobs. But there is such a thing as job creators and like I said earlier it all comes down innovation . Whether that be new products , new methods or great business leadership , innovators create jobs. To say everyone creates joba in mind is just silly.

To expand on that further innovators create products or methods that consumers need or don't know they "need" just yet. Very simply yes you can say businesses create jobs because simply it is a fact.

 

20 years ago who would of thought such a large number people would carry around a cell phone or a smart phone. But an innovator in Steve Jobs helped create a product and communicate it's value to the public. Creating in the process thousands of jobs.

 

An innovator creates something consumers want to purchase and that in turn drives the economy. No amount of government regulation or intervention can have near the influence on job creation that innovation in the private sector has on job creation. The best leaders in government try and get out of the way of innovation and instead inspire and motivate the great minds we have in our country that their innovation will be rewarded.

^ Such innovation also can and does destroy jobs by putting old operational models and technologies out of business. These people are also job destroyers. Yet the rhetoric praises one side of the equation and ignores the other. The economy is complex and all sorts of people have all sorts of different functions. Every time I hear the phrase "job creators", my ears burn and I'm fairly sure I can hear Ayn Rand cackling from beyond the grave.

 

You know what I want? A political ad talking about how effective middle managers drive profits at major corporations by increasing productivity and reducing costs. We should make things easier for effective middle managers to come to our state. When's the Club for Growth putting that one out there?

^ Such innovation also can and does destroy jobs by putting old operational models and technologies out of business. These people are also job destroyers. Yet the rhetoric praises one side of the equation and ignores the other. The economy is complex and all sorts of people have all sorts of different functions. Every time I hear the phrase "job creators", my ears burn and I'm fairly sure I can hear Ayn Rand cackling from beyond the grave.

 

You know what I want? A political ad talking about how effective middle managers drive profits at major corporations by increasing productivity and reducing costs. We should make things easier for effective middle managers to come to our state. When's the Club for Growth putting that one out there?

 

Innovation only "destroys" jobs if you are short sited on your defenition. Innovation expands the economy which only leads to job growth. Even when we are talking about technology that erases outdated jobs that leads to greater opportunity in the market place. I guess I kind of understand yout anger with political games, but I can get behind your idea of job growth.

Innovation only "destroys" jobs if you are short sited on your defenition. Innovation expands the economy which only leads to job growth. Even when we are talking about technology that erases outdated jobs that leads to greater opportunity in the market place. I guess I kind of understand yout anger with political games, but I can get behind your idea of job growth.

 

I meant can't get behind. I can't edit from my phone.

I don't know if I can agree with everything you said. Sure a business needs consumers for revenue to create jobs. But there is such a thing as job creators and like I said earlier it all comes down innovation . Whether that be new products , new methods or great business leadership , innovators create jobs. To say everyone creates joba in mind is just silly.

 

I think Getslow was really pointing to the what, on paper, can look like a chaotic mess with this:

 

This ALL happens in a vibrant economy that functions with the complexity of a rainforest ecosystem. Vibrant economies are the result of and are good for firm bosses, employees, consumers, etc. and require the cooperative functioning of all of them.

 

Vibrant, capitalistic economies - the only model that has ever in history raised up the masses - is a series of business opening, closing, ramping up, ramping down. But as long as its healthy and as stated - vibrant - it should be a good thing overall though there is displacement at the individual level. In a vibrant environment there should not be a fear of losing your job as it should be relatively straight forward to find a new job. In a non-vibrant, stagnant economy people are filled with fear. Unfortunately the current environment has three things working against the vibrant goal and the average worker - government policies, a push to offshore to radically less expensive (for now) labor and technology/automation driven productivity that can offset need for more workers even if a business is growing and expanding.

 

Unfortunately in times of stress people look to government as the job creator, People wanted to compare the stimulus package of 2010 with the New Deal program. It was not at all. I was just a new welfare stream mostly and a grab for resources for political purposes. In the New Deal they built Hoover dam. Under the Stimulus Package a bridge across I-75 could not even get properly repaired.

Some not so good statistics on jobs.

 

Life under Obama sucks. And these numbers prove it - Telegraph

 

Its somewhat personal so here are the charts of interest:

 

 

 

Zero hedge view of some key statistics:

 

19 Surprising Facts About The Messed Up State Of The US Economy | Zero Hedge

 

Some selected elements of the 19.

 

#1 After accounting for inflation, median household income in the United States is 8 percent lower than it was when the last recession started in 2007.

 

#7 Due to a lack of decent jobs, half of all college graduates are still relying on their parents financially when they are two years out of school.

 

#9 According to the New York Times, the "typical American household" is now worth 36 percent less than it was worth a decade ago.

 

#10 In 2007, the average household in the top 5 percent had 16.5 times as much wealth as the average household overall. But now the average household in the top 5 percent has 24 times as much wealth as the average household overall.

 

#11 In an absolutely stunning development, the rate of small business ownership in the United States has plunged to an all-time low.

 

#12 Subprime loans now make up 31 percent of all auto loans in America. Didn't that end up really badly when the housing industry tried the same thing?

 

 

 

#11 really is distrubing. Very disturbing. I had to look up the source of that.

 

Here it is:

 

Small Business Ownership In America Is At An All-Time Low

 

According to the Federal Reserve, the percentage of American families that own a small business is at the lowest level that has ever been recorded.

 

Raw report:

 

http://www.federalreserve.gov/pubs/bulletin/2014/pdf/scf14.pdf

 

From the report:

 

Overall, between 2010 and 2013 there was little movement in median and mean net worth, as the median fell a modest 2 percent and the mean increased slightly(figure 2)

.

Consistent with income trends and differential holdings of housing and corporate equiities, families at the bottom of the income distribution saw continued substantial declines in real net worth between 2010 and 2013, while those in the top half saw, on average,

modest gains.

 

Ownership rates of housing and businesses fell substantially between 2010 and 2013.

 

Retirement plan participation in 2013 continued on the down ward trajectory observed between the 2007 and 2010 surveys for families in the bottom half of the income distribution. Participation rebounded slightly for upper-middle income families, but it did not move back to the levels observed in 2007.

 

Not much good in last 4 years in terms of broad view.