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Tuesday, November 29, 2011

Griper Blade: GOP Economic Incoherence

One of the great triumphs of Republican spin has been their ability to convince their base that they don't work for the government. To illustrate this, let's look at the common Republican argument that government doesn't create jobs. They stand there in their suits bought with a government paycheck, in a government-supplied office, with government-supplied staff, telling us -- in all seriousness, mind you -- that the government has never created a single job. Meanwhile, Republican candidates -- at least, those who happen to be governors and former governors -- compete over which created the most jobs in their states. Cognitive dissonance rules the day, as Republicans try to live in what would, to any rational person, be a confusing whirl of conflicting messages and beliefs.

The oddest thing about this is that GOP austerity is actually shedding jobs in the public sector and adding to unemployment.


Washington Post:

[An upcoming report from the National Governors Association and the National Association of State Budget Officers] says that although state general fund revenue increased in 2011 and is expected to increase 2012, it remains $21 billion below 2008 levels. In addition, states are bracing for further reductions in federal aid that are likely to come from Washington’s efforts to slow the growth of the deficit.

The fiscal pressure on states has become a drag on the job market; local and state governments are shedding jobs, even though the private-sector job market has shown signs of improvement.

State and local governments have cut 455,000 jobs since the beginning of 2010, and public-sector jobs account for the smallest share of the nation's employment since the 2008 financial crisis, according to the Bureau of Labor Statistics...[CLICK TO READ FULL POST]

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