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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIt's Looking More And More Like The Recession Was A Deliberate Set Up By GOP
Hey workers be glad for the $10 an hour job you have just gotten. It's better then no job at all. That's the new meme coming from RW'ingers and the GOP. That is the latest new little ditty coming from the right during this recovery. And I am beginning to believe that the near depression was a set up to wipe out as many higher paying jobs as possible starting in late 2006.
Bush and his team knew that we were losing jobs by mid 2006 but decided to cover it up and ride it out. They wanted to make sure the economy tanked right after November 2008 so the next President would be blamed for the crash. It played both ways, it gave big business the opportunity to dump all these high paid and older employees. They could blame the "economic cycle" for all the carnage.
They could also blow up the deficit even further so they could end Medicaid, Social Security and Medicare as well as dump the entire safety net. They could rail about the deficit spending needed to save the economy if the Democrats were in power. Then they could resist all efforts to recover and allow corporations to bring jobs back at $10 an hour. People would be so desperate that they would be grateful for these jobs.
With the help of the media the GOP could then yell and scream that over regulation was killing good job and stopping prosperity. They could attack the long term unemployed and poor as slackers and leeches trying to bring down the rich. The could then pump the poor for more money for the rich. They could claim that the poor were waging war against "success". That the poor should not vote because they would raise taxes.
Bush and the GOP would put Obama in a box by bailing out the banks, force him to continue because that would be his only option left. And when he did it blame him for the bailing and bonus by stopping needed anti bonus legislation. They were forced to save the banks first because the economy crashed during the election.
And in the process the GOP and it allies could trash Europe as well by all the derivatives they allowed US Banks to fraudulently sell them. We did not need the example of "socialist Europe" for the American public to look to.
When you look at how the GOP is operating now it seems more obvious that they planned the whole thing all along. And the American worker can now look forward to $10 an hour as the "new norm".
And then they could paint the recession was an "Obama recession" that all the jobs were lost on his watch while the recession continued for months into his administration.
Capt. Obvious
(9,002 posts)Where's that guy with the megaphone?
Tippy
(4,610 posts)Who is willing to help?
Capt. Obvious
(9,002 posts)and on mailboxes too
Enrique
(27,461 posts)I'm not sure about the specifics, and I don't think it's clear-cut GOP vs. Dems, but I think the greedheads' ideal situation is our current situation with record corporate profits and with workers struggling, big-time. And those two things are totally related, as you say. The greedhead bosses love desperate workers. And trashing the safety net just makes them more desperate.
Jackpine Radical
(45,274 posts)the greedheads who finance them--and finance a number of Dems too.
The politicians are just the water carriers for the super-rich. It's enough to make you start wanting to revisit that New World Order business.
leftyohiolib
(5,917 posts)Jackpine Radical
(45,274 posts)of corporate direction of politicians.
Everything that landed on Wisconsin had been dreamed up by the Corporate Overlords in the years before Walker's ascent to power.
graywarrior
(59,440 posts)slackmaster
(60,567 posts)RC
(25,592 posts)And the Republican's roll in it?
How, when Clinton left office, the debt was scheduled to be paid off in 10 years. But when bu$h left, we were 16 Trillion dollars in debt.
slackmaster
(60,567 posts)It's gotten to the point where restrictions on the production of cheese have resulted in a shortage of cheese relative to the rat population.
socialist_n_TN
(11,481 posts)And for what reason?
slackmaster
(60,567 posts)bongbong
(5,436 posts)Some specifics on your conspiracy theory that the gov't is behind whatever you're imagining it is.
slackmaster
(60,567 posts)I see unintended consequences of well-intentioned attempts to improve the human condition through consensus management of the behavior of individuals and of groups.
Th1onein
(8,514 posts)Sorry, no matter what terms you couch it in, it's still a rightwing meme.
alfredo
(60,075 posts)of Republican administrations.
Recessions shift power from workers to bosses. A hungry man will accept anything to survive. It also puts fear into the employed workers. They will be working scared and will accept cuts in wages and benefits to keep their job.
slackmaster
(60,567 posts)If you have ever taken a basic biology class I'm sure you must have heard that a successful parasite does not kill its host.
alfredo
(60,075 posts)slackmaster
(60,567 posts)alfredo
(60,075 posts)The fear of water prevents the saliva from being diluted.
bongbong
(5,436 posts)I see much worse consequences from letting business & rich people get away with their plans to get every penny from everybody who isn't rich.
socialist_n_TN
(11,481 posts)Government yes, but at the behest of their owners, the rich capitalist pigs that run everything.
slackmaster
(60,567 posts)But they aren't immortal, and they don't have godlike powers over things they can't control.
greytdemocrat
(3,299 posts)HughBeaumont
(24,461 posts)Jabba the Rush and Football-Field-Jaw Hannity were literally blaming Obama for the recession . . . two months before Obama began minute ONE of his term . . .
http://mediamatters.org/research/200811120011
Search me how one makes THAT canyon leap in logic, but there it is . . .
Every American worker and voter should read The Great Risk Shift by Jacob S Hacker. This was a 32-year plan that spot-welded a Laissez-fail economic plan and government, which started with Reagan's union-busting and culminated with the handing of the Kingdom's Keys to the financial neo-fascists. Everything that used to be the responsibility of the employer is now the financial responsibility of the worker, which is why the middle/working/poor have made ZERO wage gains in 32 years. They threw out the Social Contract years ago and left us holding the bag.
freshwest
(53,661 posts)davekriss
(4,626 posts)Demonaut
(8,924 posts)but I think a few at the very top are
Tippy
(4,610 posts)HiPointDem
(20,729 posts)CJCRANE
(18,184 posts)and by how much?
They're smart enough to pull the strings in their favor. Either that or they're very lucky.
TheMastersNemesis
(10,602 posts)By 2006 it was obvious that something was going on. There are a lot a of things about the labor stats that are not immediately obvious that the public would not see. For one Bush and his administration eliminated the "mass layoff" report from the national data. So even though you could show job increases there was no information about layoffs. The media and the corporations were hiding how many they were laying off. The other factor was the continuing massive and unreported outsourcing. The other factor was that we were getting over 100,000 per month in new immigration. There was a lot of jobs being converted to contract labor. Workers being downgraded in their jobs were still being reported as employed.
Housing prices were rising too fast and people were borrowing to guy real estate they could turn over. Plus I noticed that loans were being just passed on. And it looked like paper was being passed on and commissions were being paid on the higher value of the housing.
When I read the business section of the papers I could see the labor picture being glossed over.
The Bush administration ignored and covered up a lot of things. The patterns that I was seeing in labor had been going on for years and nothing had changed since I left the labor department.
So the guy who put up the tin foil hat picture can believe what he wants. He is probably a troll. At least the cat is cute.
Proud Liberal Dem
(24,426 posts)during the Bush (mis-)administration. I imagine that it may be decades before we know the full extent of the damage that the Bush (mis-)administration inflicted on this country.
HughBeaumont
(24,461 posts)If one looks at the data, the strongest period of job creation during the Failure Fuhrer's admin was between April of 2004 (not coincidentally, his re-election year) and April 2006. The stats were good enough to get him safely back in office (that and some supremely dubious intervention by our purchased media and Ken Blackwell) and the fascists set forth to their cash-n-carry agenda.
The wheels started coming off of the track for labor in May of 2006. From then on, the 140-150 thousand jobs per month stat needed to keep up with incoming/outgoing workers to the labor force was met a whopping FOUR times. After the last meeting of that quota (November 2007), the labor purge and secret cash-in by the financiers had begun. The Failure Fuhrer was handing even MORE of the largesse to the wealthy while corporations were purging their labor by the multiple thousands. Save Bernie Madoff, all they pretty much got was away with it. Oh, and more billions in wealth and bonuses.
freshwest
(53,661 posts)Manufacturing jobs to include putting together hamburgers in fast food joints. They were that blatant about it, sneering in the faces of those who dared to complain.
After they closed factories and sold the equipment, we saw tool and dies to create things from scratch, auctioned off to China. We've been left, except in the military production facilities, with about as much means as the Cubans had after years of embargo. It's been like reinventing the wheel here. The most basic of things have to be imported, like in colonial days. But we have no monarch to rebel against now.
We can see how the GOP squealed when Obama fought to revitalize the auto industry, how they've ridiculed in their private mass media, his every attempt to bring manufacturing back here. He's been trying to do quietly a New Deal, but doesn't have the same advantages that FDR. The public is brainwashed and unwilling to act as the United States.
Mentions of tin foil and the NWO? Well, FDR fought against that in his day and the GOP wants to bring it. Not wearing swastikas and goose stepping, but a corporatist state built of unaccountable and undemocratic institutions with more wealth than entire nations. Looks like a duck, walks like a duck...
These are the words carved in granite behind him:
They (who) seek to establish a system of government based on the regimentation of all human beings by a handful of individual rulers...call this a new order. It is not new and it is not order.
Of course, he was speaking of the Nazis. Whether we use the NWO terminology of wackos or not, a world wide corporate state is materializing. It's fiercely anti-democratic, more like an aristocratic system. We call it the plutocracy, but in the end, it sets up one group of human beings so high above the others, it may as well be called royalty.
As always, the most powerful succeed because they are united while we are fighting with each other.
Mason Dixon
(82 posts)HangOnKids
(4,291 posts)DisgustipatedinCA
(12,530 posts)It was always a Good Thing before that because, you know, it saved the country and stuff. But now, with the ascendance of the Bagger Class and their tagalong Glenn Beck, the New Deal is now, and always was, a Bad Thing. And we've always been at war with Oceana.
freshwest
(53,661 posts)And those 4 terms ruined the country, yes they did. I wish Obama would get 4 terms, he can't dig us out of this mess in 4 years.
But then, there's always Mittens, who can return our nation to the greatness that it once was, except it'll be the Great Depression.
To hell with FDR and all that communist stuff.
freshwest
(53,661 posts)Mason Dixon
(82 posts)you must live in a wonderful world
And if you think I'm a hater only if I'm not a lover, well I can live with that.
I just found it a little hypocritical. But its cool, it's not like he didn't lead the nation thru some of its darkest hours and certainly isn't the only President guilty of hypocrisy.
SammyWinstonJack
(44,130 posts)leftyohiolib
(5,917 posts)HiPointDem
(20,729 posts)think
(11,641 posts)Proud Liberal Dem
(24,426 posts)It would be nice if we could sue everybody whom voted for all that stuff for fraud (since things didn't end up the way they said it would)? Too many of them are, inexplicably, still in office.
Tom1960
(63 posts)Also great post.
Proud Liberal Dem
(24,426 posts)I heard that somewhere but I didn't remember from where until you reminded me. That's one of my favorite ST movies!
freshwest
(53,661 posts)freshwest
(53,661 posts)Proud Liberal Dem
(24,426 posts)Republicans always seem to relish the opportunity to use a recession and/or economic downturn as an opportunity to portray themselves as being fiscally responsible "deficit hawks" and attempt to force austerity on this country, which usually means taking swipes at Social Security, Medicaid, and social programs in general- while, of course, never addressing the bloat and inefficiencies of any other kinds of significant government spending (i.e. military spending). Hell, the country doesn't even have to be doing that bad. There just has to be a Democrat in the WH in order to gin up a bunch of outrage over their economic policies- which are bad to them no matter what they are.
lonestarnot
(77,097 posts)Response to TheMastersNemesis (Original post)
freshwest This message was self-deleted by its author.
ProfessorGAC
(65,134 posts)Your entire scenario requires us to totally discount the possibility of incompetence and ignorance.
My experience indicates we can never underestimate the overconfidence of those who espouse conservative economics. In their "infinite wisdom" they are often so sure what they believe will work, that sheer arrogance or ignorance leads to unintended consequences.
That doesn't make it an inside job. It means it was grossly mismanaged. That is more what i see.
GAC
RZM
(8,556 posts)This is why conspiracy theories almost always break down. What's more likely? The idea that it's some expertly-orchestrated conspiracy or that the people responsible don't know what they are doing and/or are doing the wrong thing?
LOL. Somebody once told me that: 'The problem with standing on the shoulders of giants is that the giants themselves are often complete morons.'
It's not so different from 9/11 conspiracies. It may be fun to believe that Bush pulled it off, but I think it's much more likely that our anti-terror and air security apparatuses/policies had some glaring flaws that could be exploited.
DhhD
(4,695 posts)ProfessorGAC
(65,134 posts)GAC
cali
(114,904 posts)NNN0LHI
(67,190 posts)Might have all began for a lot of people about then, but it sure as heck didn't start for me then. More like 1981 for me. Reagan convinced people that being anti-union was cool. About the same time everyone's wages and benefits froze in place or declined.
I have a neighbor who always complains that the best jobs his sons can find is $10 an hour. This fellow has had two newer imported cars in his garage for over 20 years since he moved out here. Now he can't figure out why wages are so low. Its a mystery to him.
This much damage could not have been done in 6 years.
Don
Reminds me of a bumper sticker that was popular 20+ years ago.
"Hungry? Eat your foreign car!"
We aren't going to seeing sentiments like that again in the "New World Order".
LongTomH
(8,636 posts)Actually, a lot of it started with Richard M. Nixon (of accursed memory!). Read Naomi Klein's: The Shock Doctrine: The Rise of Disaster Capitalism.
Rozlee
(2,529 posts)Reagan set and entrenched supply side economics. That started the downward spiral. Clinton briefly stopped it by raising taxes on the rich and creating over 20 million new well-paying jobs. Then, he fell asleep at the switch and signed in the Gramm-Leach-Bliley Act that overthrew the Glass-Steagall Act. I'm trying to remember who it was that said that if the Glass-Steagall Act was repealed, we'd have another depression in ten years or so. He was close. It was more like six or seven years.
Tippy
(4,610 posts)unblock
(52,286 posts)the idea that they wanted a recession is really over the top. many well-off people lose out big in a recession, and politically, this one has been quite damaging to the republican brand.
no, this recession had its roots in the republican philosophy that the government should be recklessly indifferent to corporate greed and its external (third-party) effects. they're committed to the notion that greedy corporations should be able to grab as much loot as they can, however they can, even if a wrong bet throws the economy into a tailspin. why? because greedy corporations share the loot with those who defend their greedy philosophy.
isn't that damning enough?
just because rich enough people ALWAYS have opportunities to get even more rich doesn't mean they prefer the ones associated with a recession.
EC
(12,287 posts)when the new repub govs started getting rid of teachers, nurses, firemen and cops. Huge job losses.
Javaman
(62,532 posts)Last edited Wed Apr 18, 2012, 09:11 AM - Edit history (1)
of course it's been their mission. It's been their mission for the last 40 years.
They want to dismantle anything that is part of the Democratic Parties platform.
And to them, if there is a recession/depression, so be it.
They have always believed in the scorched earth policy.
They are of the belief that once everything is completely torn down, they can rebuild it all from scratch in the image of the GOP/corporation.
You have to look at the bigger picture. Their mission wasn't to make sure a recession started or that it was somehow manufactured by them. No, it was just part of their over-arching plan. Recessions and Depressions are just collateral damage to them and it's just one of the many parts of their platform to re-engineer society.
Lucy Goosey
(2,940 posts)Right wing idealogues set up a recession by cutting revenue, then seize on the the "crisis" of deficit as an excuse to privatise public assets and to make sweeping cuts to government services and workers' rights.
woo me with science
(32,139 posts)As long as we ignore Democratic complicity in all this, we will never be able to take a stand and stop it.
freshwest
(53,661 posts)marshall gaines
(347 posts)the gop'ers want our wages and no benefits on par with third world nations like some of those found in Africa, Caribbean, South and Central America.so we can be "controlled" better. I daresay some dims are guiding that ship also.
shanti
(21,675 posts)what exactly do you mean by this, pray tell?
marshall gaines
(347 posts)oh I've been so frustrated and betrayed by the Democratic Party leadership since 2000 that my sarcasm has gotten the best of me. Repugs and Dims are all we(the people) have and we deserve better. Just how I feel about one political party
woo me with science
(32,139 posts)This is not a case of everyone hurting. This is a deliberate restructuring of where the money goes. Corporate profits have never been higher.
Absolutely it is orchestrated, with a goal of changing our view of normal:
50 Percent Pay Cuts at GE's Plants: Is This the Future of American Jobs?
http://www.democraticunderground.com/1002573228
HiPointDem
(20,729 posts)meeksgeek
(1,214 posts)People like me, who were completely blindsided by the long-term unemployment/underemployment situation, simply stopped paying credit card bills, among other things. It was hilarious to hear my creditors reminding me that my credit score was going to suffer... no kidding.
The money just wasn't - and still isn't - there.
I sold my car because I could not make the payments, pay for repairs, insurance, or even gasoline. I now ride the bus, the train, or I walk. I rode a bike until it was stolen... If anybody in the 1% thinks this is a viable long-term solution, they are in for a shock. People like me (college-educated, formerly a corporate drone making a decent salary) no longer spend money on frivolous things like sushi, big-screen televisions or weekend trips to the beach. The money I am able to earn - which isn't a lot - goes to basic needs like rent, utilities, and food. Our economy is dependent on revolving credit, impulse buys and non-essential goods and those are not things I spend money on anymore.
So, if they *did* conspire to orchestrate this recession, it has backfired in the long run. It will not line their pockets forever.
Signed, a former sub-prime mortgage company employee.
Mason Dixon
(82 posts)Democrats had taken control of both houses in 2006
and Senator Obama voted for TARP
Besides if Bush had that much power with a Democrat Congress, why doesn't Obama with half a congress.
and the answer is not the media
hfojvt
(37,573 posts)The economy lost over 1 million jobs in the 3rd quarter of 2008, the 3rd quarter, which ended in September 2008 at least a month before the election. The economy was already acknowledged to be weak in January 2008. So weak, that even Bush and Republicans signed off on a $154 billion stimulus (tax rebates, most of which went to the rich).
Mockingjay
(31 posts)I agree with just about everyone here.....what has me perplexed is that it has taken this long for people to see what the GOP agenda has been doing for the past thirty years and more. Ifyou try to talk about this to any Republican you know.... thier eyes glaze over and then they become hostile or they just don't want to talk about it. There is so much denial out there. I just don't think we can fix it anymore. Without a major revolution or uprising..we are headed towards totalitarian/fascits rule, or something like it.
There is only so much one President can do...when people that are supposed to be on his side turn their back and do nothing to help make the case. President Obama has had to fight from all directions. He may be our only hope to stop this GOP frieght train.... if people would just stop and listen and look what damage has been done all these years, bit by bit.
I laugh when people say now they are independant....it's a cop out if you ask me.....independant from what? when we live in a police state!!!!!!!
CJCRANE
(18,184 posts)They mentioned many of the same reasons. Of course they were called "doom-mongers" and "conspiracy theorists".
I wasn't totally convinced but I did start paying down my debts in mid-2006. I knew the economy wouldn't improve under Bushco's laissez-faire policies.
ellenfl
(8,660 posts)Royal Sloan 09
(406 posts)(Project for a New American Century), a republican manifesto, contains the plans for the current and future republicans actions. It might still be available, or they may have remove the traces of it's existence. (google/Wiki it)
Seems to be what the republicans have been following since before 2000 elections, to the today's current events.
On the other hand, it's could be just plain old tyranny against the American middle class.
deaniac21
(6,747 posts)jeff47
(26,549 posts)They're incompetent buffoons.
Dont call me Shirley
(10,998 posts)along with his whole extended family, psychopathic geniuses; a very scary combo.
rucky
(35,211 posts)kentuck
(111,107 posts)What if it had happened two years before? What would Dubya and the Republicans have done? A stroke of luck for them that Obama was coming into the mess.
socialist_n_TN
(11,481 posts)read "The Shock Doctrine-The Rise of Disaster Capitalism" by Naomi Klein. What we're living through now is what that book is all about. They tried it out in Latin America, then Russia and the former Soviet Bloc, all preparation for the big enchilada, the USA. The wealthy capitalists not only knew it was coming, they set it up from the beginning. The TIMING was the only uncertainty, but they knew that it would happen eventually. So yes, it WAS set up.
Safetykitten
(5,162 posts)deacon
(5,967 posts)zappaman
(20,606 posts)donheld
(21,311 posts)Sherman A1
(38,958 posts)it has been a concerted effort to screw the working class for 30+ years. It may have come to fruition at this time, but I doubt that it was planned just to dump it on Obama.
DCBob
(24,689 posts)In fact the recession and banking crisis probably helped Obama win. McCain/Dingbat were on the rise prior to the crisis.
JoePhilly
(27,787 posts)Bankrupt the country and use it as an excuse to kill Social Security and Medicare.
Been the plan for decades.
tjwash
(8,219 posts)...so that they could undercut the Euro and European manufacturing base and cause a cascading economic wave of devaluation through the international monetary markets.
They are not that smart and don't have that much power.
coalition_unwilling
(14,180 posts)such that would 'falsify' (or disprove) the hypothesis, according to noted philosopher of science Karl Popper. So my question to you is, what set of facts, if any, would make your hypothesis invalid.
President Clinton presided over the dismantling of Glass-Steagall. Was Clinton also a part of the plot?