Having read the latest adds in the help wanted section of Sundays newspapers just reinforces the latest report of what jobs there are and their corresponding wages both have continued to show no signs of either increased employment opportunities or any substantial increase in wages. They all have.declined by more than 15% compared to one year ago. Wage stagnation is now replaced by wage reduction in almost every employment opportunity there is today. When you see adds for production workers or parts assembly at $7.50 – $9.00 per hour and equate those wages with today’s cost of living indicates that this country still has a long way to go in providing living wage jobs for the majority of the population. Today with the price of all consumables increasing at the rate of more than 10% annually along with the employment opportunities that pay substandard wages have resulted in millions of Americans still facing acute financial hardship.
The recent jobs bill signed by the Obama Administration was a very small step in the right direction but there still is a monumental amount of effort that needs to be done to turn the tide of diminishing employment opportunities that are still continuing to occur all across the United States. The stimulus funding that went to states was only a short term solution to the long term problem of the unemployment crisis that we have today. But it to failed to stop the hemorrhaging of employment opportunities.
Tax credits, the recent passage and signing of the Health Care Reform Bill, and all of the other incentives that the Obama Administration tried still hasn’t solved the enormous task of providing and producing living wage employment opportunities that the country needs now so desperately. Let’s look at the numbers to date! A total of over 9 million jobs across the United States have been lost within the past two years with no apparent abatement forth coming. Just in the past few months more than 400,000 people lost their jobs. For African Americans the situation is so dire that in many urban areas the unemployment rate is well over 25%. The national unemployment rate is still way over the reported 10%. At the rate the unemployment figures show it would take over 300,000 new jobs to be created within the United States alone per month for almost 3 years just to recover the amount of employment opportunities that have been erased. With these kinds of numbers no amount of tax credits or tax incentives will ever create enough employment opportunities, let alone with real living wages for the United States to fully recover from this economic crisis.
Go back in history to the Great Depression of the 1930’s. Then, the unemployment rate was over 25%. African Americans, the rate was so much higher. It is hard to imagine how people coped with all the adversity during that time. There was no unemployment insurance or any other safety net that we have today like food stamps, fuel assistance, Medicaid or Medicare to offset the trauma of loosing a job. In 1935 at the height of the Great Depression President Roosevelt realized that the only way to alleviate the acute crisis was for the United States Government to step in. The creation of the WPA was the start of massive governmental intervention programs that paid unemployed persons to work on the many public works projects all across the United States. This program provided the means and opportunities for millions of Americans to rise up from the adverse conditions of being unemployed at that time. Through the implementation of the WPA the United States began the economic expansion that propelled America out of the Depression and in the process built most of the infrastructure that today much of which is in urgent need of repair and modernization.
If President Roosevelt’s WPA worked at a time of great uncertainty with today’s sobering unemployment figures and our deteriorating infrastructure to go further into debt to get out of debt by creating and implementing a WPA type program the United States can recover. Achieving the Williams Theory Of Economic Evolution ” When more people have more disposable incomes to spend and pay down debt is the greatest economic stimulus any society can have.” This is the best and surest way for the United States Government to actually begin and help solve the universal problem of the economic and unemployment crisis today. If other nations used similar approaches in job creation the Global economic future will vastly improve. It is fundamental that using up front capital to ensure increasing capital now and for the future is paramount for continued economic growth and prosperity. The recent down grade by Standard & Poor is a wake up call for the United States. Maybe something this drastic will finally get Washington to put party politics aside and realize that only total reform of current laws, mandates, and policies which are the contributors of this current economic crisis, must take place. The callous political posturing by mainly the Republicans in the debt ceiling debacle only proved to the rest of the country just how dysfunction Washington really has become. S&P has forced the United States to now face the fact that Washington still hasn’t gotten it when it comes to a specific plan of direction that points the way to achieving economic stability and national security.
A common denominator for creating and establishing job growth with living wages is through National Economic Reform.
Not since the great depression has the United States been in such of an economic crisis. Every where in America more and more of our citizens are becoming victims of the greed and often fraudulent practices by our financial institutions, the unsympathetic business owners whose only motive is the bottom line, and the inept laws and bills coming out of our own government. With the United States being involved in two major conflicts, Afghanistan and Iraq, the constant turmoil in the mid-east, the violence in Sudan and Du fur, the plagues and pestilence in Africa, the gang and drug cartels of Central and South America as well in Mexico, not to mention the inescapable and often bloody gang violence here in the United States has wrought untold destruction and suffering on citizens all over the world.
The United States is mostly to blame for the current financial crisis. The banking practices of the past 10 years is testimony to the fact that more foreclosures on the scale of the 1930’s has wrought financial ruin to the majority of home owners. Compound with the ever increasing credit lending of the past 20 years has increased individual debt and the countries debt to an historic high. Nowhere in the history of the United States has our national and individual debt have reached such biblical proportions. What the government has tried to do to stop the deluge of financial woes is nothing short of financial irresponsibility. With the federal bail-out of the financial institutions may have forestalled an impending financial catastrophe but did nothing to ease the suffering of the majority of Americans. We as a sovereign nation are in such peril that if nothing is not done immediately to thwart the repercussions of monumental debt every citizen will be faced with unheard of financial and social disaster. That is one of the reasons why S&P initiated the nations credit downgrade.
What must be initiated now is a comprehensive plan of direction that details how to eliminate our national debt, revive this disastrous economic fiasco, enable business expansion and ensure that every American has the financial security that should be automatic by being a United States citizen. A National Economic Reform imitative must be the new hope for the United States. Only when the United States renews it’s economic stability will this country be able to realistically be in a position to help other nations. What is happening now this country is only shortchanging the world by half measures in the help we are offering. The latest disaster for our armed forces in Afghanistan is proof that the United States is only half doing it’s job in ending the conflict and winning the War. Only when this country gets back to regaining the economic resurgence and expansion equal to that of the 50’s, 60’s and early 70’s will the United States be in a authentic position to provide the resources that are so much needed for our troops and for other countries economic growth and stability.
It is time for the congress of the United States to stop acting like bobble heads and put real solutions before the American Public, Not like this past debate and subsequent passage of raising the debt ceiling. What this Congress has done in their unconscionable behavior in holding the American public hostage is nothing short of creating another financial debacle and a financial disaster on business and the American Public. It is no reform at all just another lame attempt to raise current taxes on a society that cannot afford them. Only through National Economic Reform’s agenda with it’s eight articles will this country be able to ensure the long term economic growth, stability, security and once and for all eliminate the staggering national and public debt that is like a noose around every American and this nation.
Article One: Universal Health Care a one single payer plan that ensures every American Citizen
Article Two: Budget Deficit Elimination
Article Three: National Defense Initiative.
Article Four: Homeland Security and Immigration Reform:
Article Five: Education Reform.
Article Six: Science and technology Implementation
Article Seven: Trade Deficit Equalization
Article Eight: Social Security Restoration
These eight article make up National Economic Reform and the success of one is dependant on all. Each article is contingent on the success of all. Only through passage of National Economic Reform will the United States begin to fully recover and bring in a new dawn of economic growth and prosperity for every American. What we do now will have far reaching effects for the rest of the world.