You can see the whole study at Self Evident Truths: New Study: Stimulus Bill Destroyed One Million Private Sector Jobs. Private jobs are what pay for government jobs, not vice verse.
A recent study by Timothy Conley from the University of Western Ontario, Canada Economics Department and Bill Dupor of Ohio State University Economics Department shows that the stimulus bill, passed in 2009 to “save” jobs and get the economy back on track, actually destroyed one million private sector jobs:
Our benchmark results suggest that the ARRA created/saved approximately 450 thousand state and local government jobs and destroyed/forestalled roughly one million private sector jobs. (Here’s the PDF of the study.)
What leftist doctrine doesn’t seem to grasp is that public sector jobs, while employing people, exist only if the private sector can generate wealth. This study shows what common sense should have provided when the Pelosi/Reid Congress was in charge – Keynesian economics is a bankrupt philosophy that has the capacity to bankrupt entire countries.
When will people realize that Liberals fail at basic economics? Conservatives are better at protecting you, keeping you employed, keeping you from being destroyed in the womb, protecting your kindergarteners from learning how “normal” LGBTQ behavior is, and more.
See Entitlement Rage: The Scene in Wisconsin When the Bill Passed | Verum Serum.
Watch the video. Sure looks like a lot of angry white people. Must be racists. At least that was the meme about TEA Partiers. Isn’t it odd that the mainstream media has ignored racial composition with this issue?
This is what happens when people get entitlements: They behave like that when you try to take away just a small portion of them. Lessons learned: Don’t give them to begin with, because they are counterproductive. Make sure you win when they use these violent and immature responses, otherwise you’ll encourage further bad behavior.
It is so sad that private sector people root for these spoiled government employees. They are the ones driving up your taxes and giving you lousy service in return. As noted separately, Texas — a non-union state — outscores Wisconsin on all student test scores when broken down by race.
Democrats own the unions, and unions own the Democrats. Now is the time for any adults in government to curb public sector unions.
Oh, and about those Fleebaggers — if those were Republicans wouldn’t the Left be going on endlessly about dereliction of duty, etc.? If the Republicans can’t milk the Wisconsin thing through 2012 they need to fire the whole marketing department.
Oh my. Can false teacher Chuck “Jesus is not the only way” Currie and the White House be this bad at basic reasoning or are they deliberately lying again?
Since the Affordable Care Act was signed into law, the economy has created over 1 million private sector jobs. The unemployment rate is 9.4%, lower than it was in March 2010—9.7%.
In the period during and right after the enactment of the law, the economy grew by 2.7%.
via Tell Congress To Support The Affordable Care Act: Protect Coverage; Don’t Drive Up Deficit.
The health care bill was an un-Constitutional travesty brought about the multi-hundred million dollar bribes. It has and will reduce care and increase costs. Hundreds of exceptions have already been granted, presumably to the highest bidders.
But in addition to that, Chuck & Co. confuse correlation with causation. I just listed two bullets but the post has more. How deceptive or moronic due you have to be to conclude that 100% of the changes in the economy are due to a bill that hasn’t even been fully implemented?
I’m going to have to assume it was dishonesty.