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    Teaparty Republicans please note: arguing that Obama was president in 2008 is deeply stupid
From Benen’s post:

Rep.  Tom Graves (R) of Georgia appeared on MSNBC the other day, and… [g]iven  the tax cuts the GOP still believes are critical to reducing  unemployment, Contessa Brewer asked a good question, “How come we  haven’t seen massive job growth?” Graves responded, “Well, what we’ve seen is massive job loss that began in about 2008, and I believe that was under Barack Obama.”  Continue reading…

Except for that whole presidential campaign in 2008, which Obama did win. But Obama wasn’t technically president until THE INAUGURATION IN 2009, FFS!!
Blame fail.

    Teaparty Republicans please note: arguing that Obama was president in 2008 is deeply stupid

    From Benen’s post:

    Rep. Tom Graves (R) of Georgia appeared on MSNBC the other day, and… [g]iven the tax cuts the GOP still believes are critical to reducing unemployment, Contessa Brewer asked a good question, “How come we haven’t seen massive job growth?” Graves responded, “Well, what we’ve seen is massive job loss that began in about 2008, and I believe that was under Barack Obama.”  Continue reading…

    Except for that whole presidential campaign in 2008, which Obama did win. But Obama wasn’t technically president until THE INAUGURATION IN 2009, FFS!!

    Blame fail.

    job_losses_before_and_after_obama%27s_policies.png

    — 3 years ago with 3 notes
    #news  #politics  #president obama  #george w bush  #tom graves  #georgia  #idiot  #job growth  #tax cuts for the wealthy  #steve benen  #twitter 
    …
The Guilded Age we’re not supposed to talk about 
Income redistribution and class warfare — we haz it. Two Americas. Steve Benen discusses a NYTimes article:


In the eight decades before the recent  recession, there was never a period when as much as 9 percent of  American gross domestic product went to companies in the form of  after-tax profits. Now the figure is over 10 percent.
During the same period, there never  was a quarter when wage and salary income amounted to less than 45  percent of the economy. Now the figure is below 44 percent.
For companies, these are boom times. For workers, the opposite is true.




There’s just no way to spin this. We’re looking at an era in which, at least as a share of the larger economy, after-tax  corporate profits have soared to levels unseen since we began keeping  track, whole after-tax incomes have fallen to levels unseen in  generations.
[…] Republicans look at these conditions and, with a straight face, insist that more must be done to intensify these circumstances, and blame President Obama for creating an uncooperative climate for corporations.
Read it all…

Look at the personal wage and salary income vs. corporate profits charts above during the ’90s (Clinton) as compared to the 00′s (Bush). I  guess we can ‘fix’ things with more tax cuts for the rich. Right? But the Occupy protesters are the crazy ones…

    The Guilded Age we’re not supposed to talk about

    Income redistribution and class warfare — we haz it. Two Americas. Steve Benen discusses a NYTimes article:

    In the eight decades before the recent recession, there was never a period when as much as 9 percent of American gross domestic product went to companies in the form of after-tax profits. Now the figure is over 10 percent.

    During the same period, there never was a quarter when wage and salary income amounted to less than 45 percent of the economy. Now the figure is below 44 percent.

    For companies, these are boom times. For workers, the opposite is true.

    There’s just no way to spin this. We’re looking at an era in which, at least as a share of the larger economy, after-tax corporate profits have soared to levels unseen since we began keeping track, whole after-tax incomes have fallen to levels unseen in generations.

    […] Republicans look at these conditions and, with a straight face, insist that more must be done to intensify these circumstances, and blame President Obama for creating an uncooperative climate for corporations.

    Read it all…

    Look at the personal wage and salary income vs. corporate profits charts above during the ’90s (Clinton) as compared to the 00′s (Bush). I guess we can ‘fix’ things with more tax cuts for the rich. Right? But the Occupy protesters are the crazy ones…

    — 2 years ago with 4 notes
    #news  #politics  #ows  #class war  #unemployment  #vote!  #war on the middle class  #2012  #99percent  #corporate profits  #guilded age  #ows  #personal wage and salary income  #restraining order  #spending cuts for the rest of us  #steve benen  #tax cuts for the wealthy  #two Americas