Tag Archives: jobs

Amnesty Hurts American #6Jobs #NoAmnesty #No ImmigrationReform!

Town Halls were over yesterday, September 6th, but we still have a lot of work to do to prevent Amnesty from passing.  When I started this project, I knew that any kind of immigration reform would not only be unpopular, but bad for our country; however, I did not realize how dangerous this bill actually was. I have been vlogging to protest it by using 10 talking points we could use to rebut the argument that Republicans are using to push it. I am posting 6 through 10 separately to make viewing easier.  This clip is on how American Jobs are affected by Illegal Immigration. It is talking point #6: JOBS.

amnesty hurts american workers

(My Amnesty Project/Presentation has included #1 Amnesty, #2 Border Security, #3 Business Creation, #4 Poverty, #5 Communist Talking Points) See post in thos blog titled “Immigration Reform (is) For Dummies.”

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The Unintentional Message (and Lesson) of “The Internship”

by Whitney Pitcher

Over the weekend I saw the Vince Vaughn and Owen Wilson movie ” The Internship” (trailer shown above) Vaughn (Billy) and Wilson (Nick) played two veteran watch salesmen who had lost their jobs in part because people don’t wear watches anymore, but simply check their cell phones to determine the time. Billy ultimately lands two internships at Google for both himself and Nick where they were placed in a group with other (much younger) interns who were still in college.

During one scene, this group of interns discuss their concerns of finding a job after college. One of the college-aged interns said to Billy and Nick (paraphrasing), ” You could achieve the American Dream. The American Dream isn’t the same for us. It isn’t guaranteed”. I found this line intriguing.  It is clear that this movie takes place in the present day. Thus, Hollywood and Google are essentially admitting that the Obama administration has not created confidence for young millennials seeking jobs after college. Hollywood, of course, is notorious for being quite Left in their political ideology. Also, Google is very tight with the Obama administration. Yet, both Hollywood and Google–whether intentionally or not–indicated that liberal ideology (and hope and change) have not lived up to the expectation of millennials. There are two key issues to consider when looking at the economic hope of those in their late teens to mid twenties–1) their educational choices 2) their means of funding their education.

The group of millennials depicted in the movie would likely enter the technology field, a field where there are more opportunities for jobs than other fields. However, some students are choosing fields that are not particularly employable. This, plus a sustained poor economy, has contributed to 48% of those with a college degree working in a job that does not require such education. This is not to say that people should forgo college, but the liberal ideal of universal college education is wrong. A high school graduate with a strong work ethic should not be frowned upon, nor should a high school graduate who seeks training at a technical school. In fact, likely due in part to our culture’s emphasis on intellectual output over tangible output, skilled trades like carpentry and car mechanics are among the ten hardest jobs to fill in America.. As a researcher in academia, I certainly don’t want to downplay intellectual output, but our society needs a myriad of outputs to continue to be the strongest nation in the world. As Governor Palin wrote in a post earlier this Spring:

It’s crucially important today for young people to think about the big picture when making education decisions. And the big picture is the goal of self-reliant business opportunities based on work ethic and not entitlements. One of the reasons I aggressively encouraged vocational training opportunities as governor of Alaska is because they lead to good paying jobs and happy careers. Young people should not be pressured into assuming that a college degree is the only path to employment today. It’s not. Some college degrees obviously lead to clear professions, like those in the medical and engineering fields, but that’s not the case with many of the liberal arts degrees young people today gravitate toward either because they aren’t sure what they want to do after college or because they’ve been led to believe that college life is a sort of rite of passage for any career. That might have been the case once, but the salary and career opportunities a liberal arts education alone can get you have been dramatically limited these days. It’s so sad to see young people holding expensive college diplomas that come with no practical job opportunities.

[…]

Follow your dreams, by all means. But don’t be blind to the fact that your dreams might be achieved outside of acquiring an outrageously expensive traditional college degree. Do not be lulled into thinking that good jobs grow on trees or that the government will somehow take care of you. The bottom line is – as my dad always told me – find out what you love to do, then find out how to make a living doing it. Learning a trade can do both. No one can take those vo-tech real life skills away from you.

It’s not only the choice of educational training that makes the difference; it is also how you fund it. For all the flack Governor Palin received for taking five years to graduate from college and for changing schools multiple times, she did something few people do–graduated from college with no debt. The governmental subsidization of education has lead to public higher education costs to increase 250% since 1982, which makes it harder for college to be affordable. However, it is still achievable. Some students are fortunate enough to have parents who fund their entire education. Some are able to obtain scholarship to assist them, and some work during college and summer breaks to pay for college and/or help mitigate the need for student loans.

Student loans, like any other construct with government intervention, have become a political football. In 2010, nearly concurrently with the passage of Obamacare, President Obama signed a student loan overall that wiped out fees paid to banks who act as intermediaries in administering student loans (i.e. the federal government took over the student loan industry). President Obama noted at the time (emphasis added):

Mr. Obama portrayed the overhaul of the student loan program as a triumph over an “army of lobbyists,” singling out Sallie Mae, the nation’s largest student lender, which he said spent $3 million on lobbying to stop the changes. “For almost two decades, we’ve been trying to fix a sweetheart deal in federal law that essentially gave billions of dollars to banks,” he said. The money, he said, “was spent padding student lenders’ pockets.

Things haven’t changed since the three plus years after the bill took effect. The student lenders’ pockets are still being padded, but now those pockets are Uncle Sam’s pockets. In fiscal year 2013 alone, the federal government will reap $51 billion in “profit” from these student loan borrowers. This profit is greater than that of Exxon Mobil or Apple.

As was the case last year, student loan rates are set to double on July 1st, thus perpetuating the political game between Congressional Republicans and the Obama administration. The House has passed a bill that would make loan rates fluctuate based upon market rates, while the Obama administration wants rates fixed (i.e. controlled by the government). Politicians continue to use students as a political football, and the Department of Education is reaping the benefits. Students need to make smart choices in their education, but the government must stop trying to “fix” things only to pad their own pockets.

There is every reason for hope for millennials, and I say this as someone who is on the “old” end of that generation. America is rife with opportunity if people are willing to work hard enough, be rational, and plan ahead. Abraham Lincoln, one of our most famed presidents, did not have a college degree, but he had wisdom–and an ax. Lincoln is quoted as saying, ” if I had eight hours to chop down a tree, I’d spend six hours sharpening my ax”. He prepared for the goal ahead of him, and he was efficient. Millennials can act in the same manner by making wise decisions with educational, occupational, and financial choices. The American Dream is still achievable, in spite of a government that acts as a barrier.

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AGA Study: Natural Gas [Shale] Has Created 334,000 Jobs Nearly $250 Billion in Customer Savings

By Gary P Jackson

Sarah Palin calls natural gas our bridge to the future. Natural gas is the cleanest burning fuel we have. There are vast quantities of recoverable natural gas in America. 1.67 Quadrillion cubic feet in the Arctic alone.

The clean nature of natural gas makes it an ideal motorfuel. Though cars, trucks, and buses have ran on compressed natural gas for years, modern technology makes it even more efficient. Rather than waste tame and effort on pie in the sky ideas that will never work, I firmly believe we should be working towards converting our commuter fleet over to natural gas.

A new study by the American Gas Association shows their are other significant benefits to the use of clean, green natural gas. This includes job creation and hundreds of billions of dollars in savings to customers.

IDENTIFYING KEY ECONOMIC IMPACTS OF RECENT INCREASES IN U.S. NATURAL GAS PRODUCTION

I. Executive Summary

The recent success of shale gas and oil production in the United States coupled with only modest demand growth has resulted in measurable declines in domestic natural gas
prices, which has benefitted both gas customers as well as the overall economy.

Lower natural gas commodity prices have in part:

*Led to savings of almost $250 billion for end-use natural gas customers over the past three years;

*Provided a typical residential customer more than $175 in savings during 2010 alone;

*Helped the average commercial customer to save more than $1,100 in their 2010 annual bill;

*Contributed to the creation of 334,000 jobs in natural gas dependent industries during the past two years;

*Contributed to an analytical vision that the shale gas revolution may be responsible for bringing a million new manufacturing jobs to this country by 2025;

*and, Pointed to production activities of oil and gas in the United States that were responsible for nine percent of new U. S. jobs growth in 2011.

Whether these crucial economic impacts can be sustained depends on the responsible and sustainable development of natural gas resources in the United States and the recognition of natural gas as a foundational component to lower carbon energy solutions in our future.

This brief analysis examines, in particular, the benefits seen in our current economy as the shale gas
revolution has gained a foothold during the past five years.

This is an important study. Take time to read the results here, and spread the word.

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Governor Palin’s Record on Jobs Beats the GOP Field

by Whitney Pitcher

Conservatives4Palin commenter, Steebo77, crunched the numbers and posted an excellent piece at Pennsylvanians for Palin about Governor Palin’s record on jobs during her tenure compared to the tenures of Mitt Romney, Tim Pawlenty, Jon Huntsman, and Rick Perry.  Analyzing data from the Bureau of Labor Statistics, he shows how Governor Palin has a better record on jobs than any of the candidates or potential candidates. During her time as governor unemployment decreased more sharply compared to other “governor candidates” and greater job growth was seen:

During Sarah Palin’s governorship (December 2006 – July 2009)
·    Alaska ranked 2nd in the nation for job growth.
·    Alaska ranked 3rd in the nation for change in the unemployment rate
relative to the national average.

During Jon Huntsman’s governorship (January 2005 – August 2009)
·    Utah ranked 4th in the nation for job growth.
·    Utah ranked 12th in the nation for change in the unemployment rate
relative to the national average.

During Rick Perry’s governorship (December 2000 – May 2011)
·    Texas ranked 4th in the nation for job growth.
·    Texas ranked 23rd in the nation for change in the unemployment rate
relative to the national average.

During Tim Pawlenty’s governorship (January 2003 – January 2011)
·    Minnesota ranked 33rd in the nation for job growth.
·    Minnesota ranked 17th in the nation for change in the unemployment rate
relative to the national average.

During Mitt Romney’s governorship (January 2003 – January 2007)
·    Massachusetts ranked 47th in the nation for job growth.
·    Massachusetts ranked 34th in the nation for change in the unemployment
rate relative to the national average.

 

Full data set:

For more great charts and information about Governor Palin’s job record on job creation, see the full piece here.

The economy as a whole will be a key point of discussion as the primary season ramps up and during the general election. Despite President Obama’s claim that the “stimulus” package would mean that the unemployment rate would not go above 8%, right now the unemployment rate sits at 9.2%. When the stimulus was signed into law, the unemployment rate was 8.2%. It has not gone below 8.6% since then and actually went over 10% in October of 2009.

Liberals argue that government can create jobs, while conservatives argue that the government cannot jobs, it can only provide the conditions for jobs to be created. That is why Governor Palin has been a strong advocate for decreased regulation and a vocal critic of cap and tax and raising corporate and other business related taxes. Her record also shows that under her leadership, the proper conditions for a thriving  job market can be created. A report on ACES, the oil tax structure passed by Governor Palin in 2007, showed that 2007-2009 yielded state record highs each year for jobs in the oil industry. An analysis of by the Tax Foundation showed that Alaska moved up two spots from number 4 to number 2 on the list of the most business tax friendly states.

Once again, the boys can’t hold a candle to the lady.

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Mitt Romney Didn’t Create Jobs As A Businessman, He Destroyed Them

By Gary P Jackson

One of the greatest myths floating around these days is the one claiming Mitt Romney would be a “great president” because of his business experience and ability to create good jobs.

First off, it’s been proven time and time again that “business experience,” even at the executive level, doesn’t always translate into the ability to successfully govern. Mitt Romney just happens to be Exhibit A!

We reported earlier that Mitt Romney, who ran for Governor on his ability to create jobs, was totally unable to fulfill that promise, and his state was ranked 50 out of 50 at job creation after a full year of his “expertise.”

But still you say: “He was a successful businessman.” Well, as Josh Kosman at the New York Post points out, Romney’s “success” came on the back of the employees of businesses his company, Bain Capitol, destroyed. What this shows is, rather than creating successful businesses, Romney and company engaged in the “turn and burn” quick buck artisty many corporate raiders are known for. This is a devastaing read:

Romney’s private equity firm, Bain Capital, bought companies and often increased short-term earnings so those businesses could then borrow enormous amounts of money. That borrowed money was used to pay Bain dividends. Then those businesses needed to maintain that high level of earnings to pay their debts.

Romney in 2007 told the New York Times he had nothing to do with taking dividends from two companies that later went bankrupt, and that one should not take a distribution from a business that put the company at risk.

Yet Geoffrey Rehnert, who helped start Bain Capital and is now co-CEO of the private equity firm The Audax Group, told me for my Penguin book, “The Buyout of America: How Private Equity Is Destroying Jobs and Killing the American Economy,” that Romney owned a controlling stake in Bain Capital between approximately 1992 and 2001. The firm under his watch took such risks, time and time again.

Bain and Goldman Sachs, for example, put $85 million down in a $415 million 1994 leveraged buyout of Baxter International’s medical testing division (renamed Dade Behring), which sold machines and reagents to labs.

Former Dade CEO Scott Garrett, who managed the business for the first few years after the takeover, said Romney “was far more in tune with what was going on throughout his firm, and even the portfolio companies, than you might expect.”

Bain reduced Dade’s research and development spending to 6 to 7 percent of sales, while its peers allocated between 10 and 15 percent. Dade in June 1999 used the savings as part of the basis to borrow $421 million. Dade then turned around and used $365 million from the loan to buy shares from its owners, giving them a 4.3 times return on their investment.

A Dade executive, who requested anonymity, said he confronted new CEO Steven Barnes after a boardroom meeting within a week of the distribution.

“You really think it’s a good idea to borrow, you know, one times sales?” he asked.

Oh. Yeah. Yeah. You know, that’s fine,” Barnes responded. “You know companies do that all the time.

The executive then told Barnes, “Well, that’d be like me going out and borrowing the amount of money I make in a year and then trying to pay it off and pay for my house and feed myself and everything else. That doesn’t make sense.” The executive said he let it drop after that.

In August 2002, Dade filed for bankruptcy.

No one is against making lots of money, but this is not the way to do it and also create jobs, or even preserve them.

Read more here.

Caveat emptor.

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Sarah Palin Calls On Obama To Focus, Get Control Of Schizophrenic Agenda, Stop Exploiting Gulf Tragedy For Political Gain

By Gary P Jackson

Today Sarah Palin, via Twitter, has called out Barack Once again on his demonstrable inability to lead, and the total lack of focus from the Oval Office on what is important.

Sarah also takes Obama to task for exploiting the oil spill in the Gulf to try and shove cap and tax down our throats.

As Sarah points out, Obama is always claiming he is focused “like a laser” on jobs. Of course when normal people say things like this, you think they mean they are focused on actually creating jobs. With Obama it’s just the opposite. Between the moratorium on drilling, which will destroy hundreds of thousands of jobs, and the up coming cap and tax legislation, that will destroy entire industries, and millions of jobs, it would seem folks would be wrong.

It seems that Barack Obama is only about destruction, and not rebuilding the nation’s economy, “plugging the damned hole”, or cleaning up the Gulf..

Of course, we all know what is really going on with Obama and BP, and where the focus really is. Lots of money changing hands. We’ve talked about that here, here, and here. Stacy Drake has written an excellent piece on the kabuki theater being performed by both Obama and BP and the upcoming cap and tax scam, which you can read here.

We are just glad that someone in this country is focused like a laser on Obama, and doing her best to hold him accountable to the American people. Sarah Palin is looking and sounding more presidential every day. She is certainly showing more leadership than anyone else out there. 

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