Socialism: The Answer To All Our Economic Woes

“Businesses don’t hire because taxes are lower. That’s because taxes represent a relatively small part of the cost of hiring. And if taxes did make a difference then it would stand to reason that hiring would have been much lower under Bill Clinton’s presidency when rates were higher than they were under George W. Bush when taxes were slashed. Unfortunately, the truth is quite the opposite — under Clinton, companies hired nearly eight times more workers – 22.2 million — while Bush presided over the creation of 3 million jobs – the worst performance in the last 60 years. “

 

– Peter Cohan, Socialism today…aka Forbes Magazine

 

Wow. Businesses don’t automatically create jobs when you give them huge tax breaks?! My whole life perspective…shattered…

The paragraph above comes from that crazy crazy leftist Forbes magazine (what the fuck do they know about business, i know.) But their ultimate conclusion is even more interesting:

 

Companies hire only when not hiring means they can’t satisfy customer demand. Put another way, companies hire when the profits missed from not hiring exceed the cost of adding a new worker.

 

For those of you who have trouble following the bouncing ball let me paraphrase and simplify.

It’s the demand stupid.

Conservatives often claim that businesses must be given incentives to hire people. This is 90% false and 10% true. As with any rational actor, businesses, like people, respond to incentives. But the equivocation that conservatives make occurs when they confuse market based incentives with government incentives. Government incentives only save profit. Consumer demand creates profit.  And if we want businesses to grow, IE hire more people, then we must cultivate a larger buyers market by financially empowering people and not big business.

 

 

 

Sherlock Holmes: A Game Of Shadows TRAILER!!

Under President Bush Republicans Voted 19 Times For Debt Ceiling Increase

Wish I could say this was surprising:

After pushing the government to brink of shutdown last week, Republican Congressional leaders are now preparing to push America to the edge of default by refusing to increase the nation’s debt limit without first getting Democrats to concede to large spending cuts.

But while the four Republicans in Congressional leadership positions are attempting to hold the increase hostage now, they combined to vote for a debt limit increase 19 times during the presidency of George W. Bush. In doing so, they increased the debt limit by nearly $4 trillion.

NINETEEN TIMES!

Can any Republicans out there seriously say with a straight face that the House GOP has the country’s best interest in mind? If John Boehner and Eric Cantor were real public officials with a real grownup sense of responsibility that usually accompanies those in office, then the debt ceiling would be raised without negotiations. After all protecting the economy from economic collapse is…really important.

But of course, Cantor and Boehner aren’t grownups and have no grownup sense of responsibility.  They ask for a ridiculously high amount of tax cuts, while agreeing to a  disproportionally  low amount of revenue increases. And then when the President finally agrees to that…NOPE! Not good enough!

Beatbox and Flute Playing The Super Mario Brothers Theme

I bet this guy gets ass all the time

If you’re a chick you kind of HAVE to sleep with him, right?

This Week In Movies

It’s official. Spike Lee WILL be directing a sequel to Oldboy.

HOLY CRAP! The teaser image from The Dark Knight Rises is intense. Maybe the new Batman movie won’t suck after all.

A new Tin Tin trailer. (With Steve Spielberg directing, Peter Jackson producing, and John Williams scoring, the Tin Tin movie can’t suck right? Right?!) [Edgar Wright also did the script!]

Arnold Schwarzenegger first movie role since returning to Hollywood, will definitely please his conservative fans.

Hey Sly. Casting Christian Slater in a key role in your next flick doesn’t exactly project confidence.

New Hampshire Republicans to Women: FUCK YOU

This makes me mad:

Until July 1, a low-income New Hampshire woman paid an average of $5 to fill a birth control pill prescription at any of the state’s six Planned Parenthood clinics. She might have even gotten the birth control for free, depending on her poverty level.

But since the New Hampshire Executive Council voted to cancel the state’s contract with Planned Parenthood, a woman now has to pay anywhere from $40 to over $100 for birth control pills at a regular pharmacy.

…

Councilor Raymond Wieczorek of Manchester added that he opposed funding for birth control and condoms altogether.

“If they want to have a good time, why not let them pay for it?”

Is there anywhere ever, ever ,ever where denying women access to birth control measures has reduced pregnancies and/or adoptions? If there is, please tell me. Because prior to social conservative conventional wisdom giving the big “fuck you” to women does jack shit to promote their jihad against women’s reproductive choice.

“We can’t even provide patients with antibiotics for urinary tract infections or STDs anymore,” said Jennifer Frizzell, a spokesperson for Planned Parenthood of Northern New England. She said Planned Parenthood has had to turn away 20 to 30 patients a day who are showing up to refill their prescriptions.

“We have to send them away with a prescription knowing that without insurance, they have to pay the full cost of that at a local pharmacy, and many patients have told us they’re not gonna have the money in their budget to afford to fill those prescriptions.”

Because the best way to “save” fetuses is to slowly kill the mothers.

I’ll have a longer post later. I just wanted to put this out there now.

Today’s News Links: I HAZ THEM

Surest way to know that the American economy sucks right now? Even illegal immigrants don’t want to come here anymore

I gotz the news, you gotz the time.

“Over the past few years, it (The Republican party)  has been infected by a faction that is more of a psychological protest than a practical, governing alternative…” WOW…NYT conservative columnist David Brooks lays down the hammer.

Four more banks pay back their TARP “the “big government bailout” that worked loans.

This provides pretty damning evidence for those who claim Israeli foreign policy is more anti-Palestinian than it is Pro-Israel.

“Our failure to create jobs is a choice, not a necessity“- Word Paul Krugman, word.

The press doesn’t know what a fiscal conservative is.