Showing posts with label Republican Economy. Show all posts
Showing posts with label Republican Economy. Show all posts

Sunday, November 29, 2020

WI Republican Policy holding back jobs, full time jobs, and a better economy.

Cleaning through my desktop today, and I found a few interesting articles that will once again prove how bad Republican policy are, based on anecdotal voter comments, when it comes to job creation and increased fulltime work:

WI Republicans Oppose Medical Marijuana: AARP 8/2019: 

1. A Survey of 100,000 people over 50, after medical marijuana laws were passed, discovered a nearly 5 percent decrease in reported pain and an increase in full-time work. 

WI Republicans Oppose Food Stamp Benefits: Wisconsin State Journal: 

1. Positive impact on local employment with an increase of 0.4 jobs per $10,000 in SNAP from 2001-2014.  During the GOP's Great Recession, SNAP reported an increase of $1.73 in US gross domestic product for every $1 spending.

2. Rural areas in 2010, the SNAP participation rate was82 percent but only 70 percent in urban areas. 

3. Between 2008-2010, every $10,000 in SNAP redemptions resulted in one additional job. 

Republicans holding Back Economy and Jobs: Purely ideological grumblings over food stamps defies reality, jobs, and economic benefits. 

Monday, January 14, 2013

JP Morgan wakes up to “consumer demand,” while Republican raise taxes on poor and middle class.

First, a few important points that should get JP Morgan’s attention:
Decreasing the Earned Income Tax Credit and Homestead Tax Credit took money right out of the pockets of those who were most likely to spend it.

Decreasing Medicare’s growth increases the out-of-pocket costs for seniors, taking a little more money out of the local economy.

Republicans continue to talk about increasing out-of-pocket costs for health care so the sick have some “skin in the game.”

Republicans want to reduce unemployment compensation periods.
 JP Morgan had an epiphany. They realized something every Democrat has been saying all along; increase wages, don’t cut our safety nets and consumer demand drives the economy and creates jobs.
USA Today: Wall Street will soon find out how many Americans really are living paycheck-to-paycheck.

Most Americans will still get smaller paychecks this year due to higher taxes … lawmakers … let the 2-percentage-point payroll tax holiday expire on Dec. 31, which will take roughly $120 billion out of workers pockets this year.

Less disposable income could pinch consumer spending, and possibly drag down stock prices of companies that depend on consumers, such as retailers, warns David Kelly, chief global strategist at JPMorgan Funds, in a note, "Stress-Testing the American Consumer.""A key question," Kelly says, "is how many households truly live paycheck-to-paycheck in this country?" Put another way: How many people will cut back on spending now that higher taxes have trimmed their pay?

Wednesday, June 20, 2012

Red State Wisconsin's National Leaders; Reince Priebus, Paul Ryan, Scott Walker,

Wisconsin all of a sudden is what Republicans stand for. We are grooming the next generation of red state leaders. Ours is the national message. It's the Republican Economy now. Rachel Maddow and Paul Krugman break it all down.