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"Jobs, jobs, jobs"
is all the talk coming out of Washington
and from the State Houses as well as being all the hype from the over-paid "economists" and media pundits.
There isn't a single politician running for office who doesn't promise
"jobs, jobs, jobs;" but, what happened to the idea the United States
government is responsible for maintaining "full employment?"
How come the words "full employment" never appear in what Robert Reich is writing? (See below: Why jobs must be our goal now)
Do you hear Barack Obama talk about his responsibility for "full employment?"
Check this out; seems to me Robert Reich's beloved Obama could do at least as good as Wright Patman:
This on-line book (Full Employment Act of 1945) available for downloading for free may be of interest to you:
This link above is to the entire transcript of the Congressional Hearing on the original Full Employment Act of 1945 which includes the actual Act brought forward by liberal populist, Wright Patman---
Born: August 6, 1893, Hughes Springs, Texas
Died: March 7, 1976, Bethesda
Party: Democratic Party
We have to ask why Obama's supporters aren't pushing for the enactment of this "Full Employment" legislation today?
All we get from Wall Street's politicians in the Democratic and Republican parties is "talk, talk, talk" instead of "jobs, jobs, jobs."
"Jobs, Jobs, Jobs;" but what happened to the idea embodied in the defeated "Full Employment act of 1945" that the United States government is responsible for maintaining "full employment?"
This is from the Wall Street Journal:
Prospects for a stronger upturn, at least in the first half of 2013, remain slim. Many economists worry about losing even more ground, especially as lawmakers launch a potentially risky political battle this winter over raising the federal debt ceiling. The U.S. economy grew at an average annual rate of 3.6% from 1950 through 1999 but has since slowed to less than 2% ... Since the recession ended 3½ years ago, economists have been divided over long-run growth prospects after the downturn pushed millions of Americans out of the labor force. Looking forward five to 10 years, the argument goes, annual U.S. growth may reach a ceiling of 3% and unemployment could settle at a rate above the 5.7% annual average recorded during the last half of the 20th century.
Robert Reich and his fellow Democratic Party economists--- among them: Paul Krugman, Joseph Stiglitz, Dean Baker and their "linguist" George Lakoff--- are wrong to focus solely on "jobs" without bringing forward the need for the United States government to be responsible for "full employment;" our goal, the goal of the working class movement, must be to get the United States government to assume its responsibility to the American people for maintaining a "full employment economy" just like the immensely popular liberal populist United States Congressman from Texas, Wright Patman, proposed.
Check out what Robert Reich has written below at the very time the Wall Street Journal made the dire prediction above.
1. End the wars and occupations which will yield huge "peace dividends."
2. Tax the rich; tax corporate profits; tax Wall Street transactions.
What more proof do we need of this than the wrong-headed budget priorities combined with the fact this government with Democrats and Republicans at the helm shirk their responsibility to the American people in refusing to maintain "full employment."
These politicians want our votes; shouldn't working people at least get jobs in return for our votes?
"Full employment" is all about peace and democracy.
"Full employment" is all about the most fundamental human right of all--- the right to a job at a real living wage.
Why Jobs Must Be Our Goal Now
By Robert Reich
January 3, 2013
The news today from the Bureau of Labor Statistics
is that the U.S. job market is treading water. The
number of new jobs created in December (155,000),
and percent unemployment (7.8), were the same as
the revised numbers for November.
Also, about the same number of people are looking
for work (12.2 million), with additional millions too
discouraged even to look.
Put simply, we're a very long way from the job
growth we need to get out of the gravitational pull of
the Great Recession. That would be at least 300,000
new jobs per month.
All of which means job growth and wage growth
should be the central focus of economic policy, not
Yet all we're hearing from Washington -- and all
we're likely to hear as Republicans and Democrats
negotiate over raising the debt ceiling -- is how to
cut the deficit.
The typical American worker's paycheck will drop
this week because his or her Social Security tax will
rise, from 4.2 percent to 6.2 percent. That's
We need to put more money into the pockets of
average workers, not less. The first $25,000 of
income should be exempt from Social Security taxes
altogether, and we should make up the difference by
eliminating the ceiling on income subject to Social
Robert B. Reich, Chancellor's Professor of Public
Policy at the University of California at Berkeley,
was Secretary of Labor in the Clinton
Alan L. Maki
Director of Organizing,
Midwest Casino Workers Organizing Council
58891 County Road 13
Warroad, Minnesota 56763
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