.

.

Tuesday, August 12, 2014

WHAT ECONOMIC RECOVERY???


Apparently it’s more than a few mayors from at least some of our nation’s cities most, if not all, of whom are members of Barry’s own party, who have how offered up some pretty harsh criticism of Barry and his claims regarding our supposedly improving economy. As they are made to preside over the harsh reality in their individual cities, they appear of be less than thrilled with Barry’s continuing claim that it has been under his leadership that an economic recovery has now taken place.

But the sad truth of the matter is that job losses and wage decreases continue to mar our economy in the years since the recession. And it’s a new report offered by this group of mayors that says despite Barry's continuing insistence that he has presided over an economic recovery, no recovery has actually taken place, that things have not, as Barry has repeatedly said, improved. But I doubt very much that most folks would need some report to point out to them that Barry’s claim regarding an economic recovery are nothing more than a sham.

But still, it’s according to a new report by the U.S. Conference of Mayors, that wages across a range of industries for new urban jobs have decreased by 23 percent just since 2008. Specifically, the report said that new jobs in the hospitality and healthcare industries, for example, pay significantly less than the jobs lost in manufacturing and construction. But Barry isn’t one to differentiate between different kinds of jobs. To Barry a job is a job, it matters very little what it might pay, at least it’s a job.

According to a summary of the report, "This wage gap of 23 percent is significantly larger than that of the earlier recession and recovery (2000-2006), and implies $93 billion in lower wage income," The wage decrease in the 2000-06 period was 12 percent, the report said. The report's claims by allies of the president conflict with Barry's own message on the campaign trail that the economy has almost fully recovered during his tenure. We have heard one lie after another about how because of the measures Barry has taken, our economy is now strong and vibrant.

In fact, Barry told supporters at rally back on July 30, "America has recovered faster and come farther than just about any other advanced country on Earth." And he went on to declare, "For the first time in more than a decade, if you ask business leaders around the world what's the No. 1 place to invest, they don't say China anymore. They say the United States of America. And our lead is growing." Barry went on to say, "So sometimes you wouldn’t know it if you were watching the news, but there are a lot of good reasons to be optimistic about America."

And might it be that all of the demands now being made by Barry and many of his fellow Democrats to raise the minimum wage to unrealistic levels have much to do with the fact that today’s jobs pay so much less than the jobs that were made to disappear. But how little economic sense does it really make to pay a fast food worker the same amount that one used to make as construction worker? And yet this is what Barry and the Democrats are essentially proposing. There is a better way, and step one is to remove Democrats from power.

No comments:

Post a Comment