Tag Archives: job creation

Why a Bigger Government is Being Fiscally Responsible

01 Monday Jan 2018

Posted by in About Reno, Aging, Business, Ethics, Generational, Government, Government Regulation, History, Management Practices, Panama, Politics, Space, Taxes, Technology, US History

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Where the investor takes our money to spend

Ask a Republican about his core beliefs and he will say, “I believe in being fiscally responsible.” That is conservative-speak for, “smaller government, lower taxes, more money for me, me, me, me!” The words ‘fiscally responsible’ make he or she sound like they are doing the mature thing in attempting to destroy the government so they can have more money.

They are not.

To be fiscally responsible should mean that she or he supports growing the economy, growing wages, growing jobs, and creating a better world for future generations. That is not accomplished by a smaller government and lower taxes.

Investor As Thief
A dollar sitting in a pocket does nothing. A dollar sitting in an investors bank account accomplishes the same thing as a dollar in a pocket. Nothing. The word, ‘investor’ used to mean a person that puts money into a company or business to make it expand so that it will make more money. It actually works when it is done, but today that is not what investors and companies do with money.

Today, an investor puts money into a stock option of a company with the expectation that the company will give more money back. He doesn’t care whether the company expands or not, he just wants his money back. If the company is able to give more money back by shrinking the company, paying employees less, reducing benefits, decreasing the quality of service to the customer then the investor is happy.

Investment today does not grow money, it just takes existing money and moves it back to the investor.

When is a Dollar a Million Dollars?
For many years our country knew how to grow money. They took a percentage of every dollar exchanged and gave it to the government to spend again. That created new businesses, new jobs, higher wages, more benefits, and more money for everyone to spend again, be taxed again and create more money for the government to spend again. The money didn’t die in someone’s pocket because we kept it working.

Fiscal responsibility is NOT done by destroying government and lowering taxes. That is what we have been doing for the last 37 years and it is not working. Yes, it makes the stock market go up, but that is done by sacrificing business growth, jobs, and the rest of the economy.

Every time the stock market hits a new high it is telling us how much money is being sucked out of our economy to make a few people with bulging bank accounts. We can’t go on this way.

The government doesn’t waste money, it spends money. Every dollar that the government receives is accounted for, and paid back out to the citizens. Every dollar that an investor receives is money taken away from growing the economy. 

We have to start taxing the wealthy as we did before President Reagan started destroying our government. We have to make our government grow again so that our economy can grow again.

Job Killing: The Republican Prime Directive

25 Thursday May 2017

Posted by in About Reno, Branding, Business, Education, Employee Retention, Ethics, Generational, Government, Government Regulation, History, Human Resources, Management Practices, Politics, Public Image, Public Relations, racism, Taxes, Technology, Universities, US History, Women

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There may be no political party in the history of the world that has killed more jobs, or enacted legislation to kill jobs, than the Republicans of the United States of America. They attempt to deny their legacy and claim that it is government that is killing jobs, while also claiming that illegal immigrants are taking high paying jobs from our citizens. Those are damn lies.

Trump’s SS forces raid homes to allegedly save high paying jobs for U.S. citizens

Business and Republicans are one in the same. Republicans always do what business wants, and in the past thirty years there have been few, if any, examples where a majority of Republicans have voted for legislation that was contrary to business wishes. When manufacturing jobs leave the United States, a Republican businessperson is behind it and it is done with the blessing of Republican politicians.

Manufacturing jobs in the U.S. 1939 to present. Growth occurs under Democratic leadership and shrinks under Republican leadership. (Source:  Bureau of Labor Standards)

Trump’s feigned anger at businesses sending jobs overseas is almost comical if it weren’t so pitiful. In 1995, the sixty-year reign of Democratic majority control of Congress ended. in that sixty year history Democrats controlled either the House of Representatives and the Senate for all but four of those years. Republicans controlled the House of Representatives for six additional years during the Reagan administration. Since 1995, Republicans have controlled the Senate, House, or Presidency for all but two years under a banner to thwart all Democratic legislation.

Four years after the Republicans seized control of Congress and passed major business-friendly legislation, the number of manufacturing jobs in the United States began a plunge that would take it down to levels not seen in fifty years.

Job killing our country’s key employer is a primary goal of the Republican party. Federal, state, county, and local governments have been under attack since the Reagan administration. Republicans have consistently sought to strangle funding for public schools as our population has grown, eliminate jobs of the people paid to protect workers and consumers from unethical businesses, prevent funding for workers providing veteran services, and attack critical jobs that provide services for the typical citizen.

The goal of every business person is to make money, not create jobs. That is why Republicans seek to eliminate costs by killing jobs, rather than spend money to create jobs. To a business person, jobs are an expense, and are the obstacle to making money. What Republicans don’t understand is that jobs move the money through the economy, and eliminating high paying government jobs takes money out of the economy. This is why our economy is barely moving forward.

Trump supporters can’t understand the complexities of a national economy, which is why they are the problem in perpetuating Republican domination of our government. Trump is trying to push our economy into a disaster that we may never recover from unless he is stopped.

We Don’t Need More Service Jobs

14 Tuesday Mar 2017

Posted by in Aging, Business, College, Education, Ethics, Generational, Government, Government Regulation, Higher Education, History, Management Practices, Politics, Pride, Public Image, Public Relations, Respect, Science, Space, Taxes, Technology, Travel, Universities, US History

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Putting people on the Moon meant jobs on Earth

During President Lyndon Johnson’s second term (1965-1969,) the space program was booming. At almost four percent job growth, his administration exceeded any other presidential term since World War II, including President Jimmy Carter’s impressive 3.2% growth. These were high paying, skilled jobs that created a demand for workers that enticed many young people to choose engineering and scientific careers.

PRESIDENT PARTY TERM YR JOB GROWTH
Herbert Hoover R 1929–1933 -5.41%
Franklin Roosevelt D 1933–1937 4.97%
Franklin Roosevelt D 1937–1941 2.53%
Franklin Roosevelt D 1941–1945 5.00%
Roosevelt/Truman D 1945–1949 1.61%
Harry Truman D 1949–1953 2.93%
Dwight Eisenhower R 1953–1957 1.34%
Dwight Eisenhower R 1957–1961 0.87%
Kennedy/Johnson D 1961–1965 2.64%
Lyndon Johnson D 1965–1969 3.90%
Richard Nixon R 1969–1973 2.23%
Nixon/Ford R 1973–1977 1.68%
Jimmy Carter D 1977–1981 3.21%
Ronald Reagan R 1981–1985 1.47%
Ronald Reagan R 1985–1989 2.80%
George H. W. Bush R 1989–1993 0.45%
Bill Clinton D 1993–1997 2.85%
Bill Clinton D 1997–2001 2.33%
George W. Bush R 2001–2005 0.02%
George W. Bush R 2005–2009 0.24%
Barack Obama D 2009–2013 0.23%
Barack Obama D 2013–2017 1.85%

CHART 1.0 – Job growth during Presidential Terms (1929-2017) Growth over 2.5% is in green. (DATA credit: Wikipedia)

Service jobs were a byproduct of the main engine driving the boom in the rapid expansion of the space program. Service jobs did not offer the wages or the excitement of the space program, but they did provide employment for those who lacked motivation to qualify and/or seek out better paying, higher skilled jobs.

And then we landed on the Moon.

After we had achieved the primary objective, people who didn’t understand what a large government project means to employment, began questioning the space program. Over time the naysayers effectively killed the program, leaving private business to reinvent what NASA had accomplished in the 1960’s (landing on the Moon) and the 1980’s (a reusable rocket system.)

Today, we are trying to sustain and expand a service industry that lacks the main component of job growth, namely, a major public project that creates high paying and highly skilled jobs. Since NASA wound down its Space Shuttle program, job growth has flat-lined.

Private business does not exist to create jobs. It exists to put money in the pockets of the executives and owners of the business. Creating jobs cuts into profit. Paying higher wages cuts into profit. Private business is never going to create significant job growth, nor improve wages and benefits for the worker.

If we want job growth and livable wages, it is the government that will do it, not private business.

Lack of Quality Jobs Killing Nevada’s Future

15 Wednesday Aug 2012

Posted by in About Reno, Business, College, Education, Ethics, Government, Higher Education, Politics, Public Relations, Taxes, Universities

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No degree? No experience? Welcome to Nevada where you have no future.

For years Nevada conservatives have waved the banner of the ‘business friendly myth‘ that low taxes and minimal regulation will attract new business to Nevada. The truth is that ‘business friendly’ does little, if anything, to attract quality jobs and makes this former Mexican province one of the worst in the nation in societal quality-of-life factors.

Poor Job Quality
Typical experiences of Nevada’s unemployment disaster indicate a long-term unemployment crisis and not a temporary business downturn.

In May of this year a master’s degree engineering graduate from the University of Nevada wanted to keep his family in the state but had to move his family to San Jose, CA to find employment. Another unemployed resident couldn’t find a job because she was “overqualified.” Her skills consisted primarily of a stable work history managing a telephone answering service. In Nevada there are no jobs now nor in the near future that will be available for anything but the lowest qualified worker.

Sheldon Adelson: Godfather of Conservative Politics

While most of the country has experienced some recovery from the massive job losses between 2008 and the first quarter of 2010, Nevada has not, despite the assurances of Governor Brian Sandoval. Conservatives point to wealthy Nevadans as the ‘job creators’ who will be the source of new jobs. Instead wealthy people like casino mogul Sheldon Adelson have poured millions of dollars into campaigns for conservative politicians ( $70 million so far,) while the citizens of the state have borne the impact of the unemployment crisis.

The Las Vegas Review-Journal article by Ed Vogel stated that of the few new Nevada jobs available in the future, most will be low-paying, low-skill, non-career jobs. The top four fastest growing jobs in Nevada are 1) retail salespeople, 2) waiters/waitresses, 3) cashiers, 4) gaming dealers.

These type of jobs do not provide for a career with a progressive future and leave the worker with little spendable income after basic living costs. The highly qualified worker has little hope of finding a job that matches his/her abilities. This creates a ‘Catch-22’ scenario. Educated, skilled workers can’t find work in Nevada so they go elsewhere and businesses with high quality jobs want quality workers, which Nevada can’t retain for a lack of quality jobs.

Nevada is a perfect storm of failure under conservative ‘business friendly’ policies which financially benefit those who allegedly are the ‘job creators,’ but leave the citizens in a ‘unfriendly’ job environment.