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Economy
See other Economy Articles

Title: Proving the GOP conservatives are suckers: The Rich are really job destroyers not "job creators". As the rich got richer, they eliminated jobs.
Source: msnbc.msn.com
URL Source: http://maddowblog.msnbc.msn.com/_ne ... 927178-the-koch-brothers-graph
Published: Sep 23, 2011
Author: Will Femia
Post Date: 2011-09-26 11:43:41 by Godwinson
Keywords: None
Views: 86683
Comments: 129

The chart above showing the relationship between the Koch brothers' net worth and the number of people they employ. And so we see that the net wealth of the Koch brothers has grown, but that wealth has not trickled down in the form of job creation at their company. In fact, the Koch brothers have been JOB DELETERS in favor of padding their bank accounts. I bet if I found the data it would show salaries of their remaining employees have also been reduced.

The ExxonMobil chart above also shows the lack of correlation between rising income and "job creation".

How long will you GOP/conservative/libertarian suckers keep arguing that the rich should be left alone because they are "job creators"?

Click for Full Text! (2 images)

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#42. To: A K A Stone, Skip Intro, mininggold, lucysmom (#38)

lol. So you actually want NAFTA to continue. Poser.

I know you are a moron, I said why I think realistically NAFTA can't be overturned. It is like getting a tattoo - yea it can be removed but its painfully difficult to do so and would cost a trade war.

Taxing the NAFTA profits, past and present would correct the imbalance. We had 20 years of this economic ideology - 30+ if you add in Reaganomics and it has failed. Low taxes does not fix anything. Rich people / corporations getting richer did not lead to more permanent jobs nor increases in salaries.

It is an ideological failure.

With the economy still in the dumper -- maybe permanently? -- and full-time jobs becoming as scarce as rain during a drought, huge percentages of Americans have had their (misplaced) faith in the American dream shaken, the upper-middle-class consumerist lifestyle is exposed as a mirage for anybody who plays by the rules. Capitalism and the America that embraced it as a way of life is now and forever more a failure. It does me good to know that the generation that voted in Reagan and his ideology will see their America die from that ideology before their very own eyes and knowing they had a hand in its destruction.

Godwinson  posted on  2011-09-26   13:03:15 ET  Reply   Trace   Private Reply  


#43. To: Godwinson, Skip Intro, mininggold, lucysmom (#37)

Godwinson says he is against NAFTA GATT Etc. But he says we can't repeal them because our trading partners might get upset.

A K A Stone  posted on  2011-09-26   13:03:54 ET  Reply   Trace   Private Reply  


#44. To: A K A Stone (#41)

Why didn't the Kochs or Exxon create more jobs as their profits rose by billions?

Because they wanted to keep the money they earned I guess. Maybe they don't need anymore help. It is not mine or anyone else's job to make sure that X person has a job. It is an individual responsibility to get your own job.

So the rich are not "job creators" then are they?

With the economy still in the dumper -- maybe permanently? -- and full-time jobs becoming as scarce as rain during a drought, huge percentages of Americans have had their (misplaced) faith in the American dream shaken, the upper-middle-class consumerist lifestyle is exposed as a mirage for anybody who plays by the rules. Capitalism and the America that embraced it as a way of life is now and forever more a failure. It does me good to know that the generation that voted in Reagan and his ideology will see their America die from that ideology before their very own eyes and knowing they had a hand in its destruction.

Godwinson  posted on  2011-09-26   13:03:59 ET  Reply   Trace   Private Reply  


#45. To: Godwinson (#42)

I said why I think realistically NAFTA can't be overturned. It is like getting a tattoo

It is not like getting a tattoo. Congress votes to change the law all the time.

A K A Stone  posted on  2011-09-26   13:04:36 ET  Reply   Trace   Private Reply  


#46. To: A K A Stone (#41)

Because they wanted to keep the money they earned I guess. Maybe they don't need anymore help. It is not mine or anyone else's job to make sure that X person has a job. It is an individual responsibility to get your own job.

I agree, they probably spent many millions on lobbyists and bribes getting those agreements in place, so it should be all gravy from here on out.

mininggold  posted on  2011-09-26   13:05:13 ET  Reply   Trace   Private Reply  


#47. To: Godwinson (#42)

Let the record show that Godwinson is NOT!! for repealing NAFTA. It is a matter of the public record now Godwinson.

A K A Stone  posted on  2011-09-26   13:05:39 ET  Reply   Trace   Private Reply  


#48. To: A K A Stone (#45)

It is not like getting a tattoo. Congress votes to change the law all the time.

Agreements are not simple laws, they are very hard to change.

mininggold  posted on  2011-09-26   13:06:39 ET  Reply   Trace   Private Reply  


#49. To: A K A Stone, Skip Intro, mininggold, lucysmom (#43)

Godwinson says he is against NAFTA GATT Etc. But he says we can't repeal them because our trading partners might get upset.

Destro said so, and I agreed with his logic that the less painful and easier to carry out corrective action is to tax the wealth back.

Also, even if NAFTA was repealed Destro would still tax the wealth gained from that period until today at 90% (I assume Eisenhower era levels).

So either way, the rich -aka job destroyers - would get the IRS swarming on them like locusts.

With the economy still in the dumper -- maybe permanently? -- and full-time jobs becoming as scarce as rain during a drought, huge percentages of Americans have had their (misplaced) faith in the American dream shaken, the upper-middle-class consumerist lifestyle is exposed as a mirage for anybody who plays by the rules. Capitalism and the America that embraced it as a way of life is now and forever more a failure. It does me good to know that the generation that voted in Reagan and his ideology will see their America die from that ideology before their very own eyes and knowing they had a hand in its destruction.

Godwinson  posted on  2011-09-26   13:07:35 ET  Reply   Trace   Private Reply  


#50. To: mininggold (#46)

Speculation.

A K A Stone  posted on  2011-09-26   13:07:53 ET  Reply   Trace   Private Reply  


#51. To: A K A Stone (#41)

It is an individual responsibility to get your own job.

Oh no, you used the "R" word (responsibility) you need to wash out your keyboard with soap!!!!!

"CHANGE" you can step in..... My dogs have created more shovel ready jobs than the self appointed Messiah!!!

CZ82  posted on  2011-09-26   13:07:53 ET  Reply   Trace   Private Reply  


#52. To: A K A Stone (#43)

Godwinson says he is against NAFTA GATT Etc. But he says we can't repeal them because our trading partners might get upset.

I guess you would like higher oil prices.

mininggold  posted on  2011-09-26   13:08:42 ET  Reply   Trace   Private Reply  


#53. To: mininggold, A K A Stone (#48)

It is not like getting a tattoo. Congress votes to change the law all the time.

Agreements are not simple laws, they are very hard to change.

There is also the blow back that canceling a trade agreement would create - especially since it was the Americans who crammed it down other nation's throats to begin with.

With the economy still in the dumper -- maybe permanently? -- and full-time jobs becoming as scarce as rain during a drought, huge percentages of Americans have had their (misplaced) faith in the American dream shaken, the upper-middle-class consumerist lifestyle is exposed as a mirage for anybody who plays by the rules. Capitalism and the America that embraced it as a way of life is now and forever more a failure. It does me good to know that the generation that voted in Reagan and his ideology will see their America die from that ideology before their very own eyes and knowing they had a hand in its destruction.

Godwinson  posted on  2011-09-26   13:09:05 ET  Reply   Trace   Private Reply  


#54. To: mininggold (#52)

I guess you would like higher oil prices.

That would be the dumb ass you support. Here take a look see.

A K A Stone  posted on  2011-09-26   13:10:35 ET  Reply   Trace   Private Reply  


#55. To: Godwinson (#53)

There is also the blow back that canceling a trade agreement would create - especially since it was the Americans who crammed it down other nation's throats to begin with.

I'm for repealing it. You are not. You want NAFTA to continue. Poser.

A K A Stone  posted on  2011-09-26   13:11:14 ET  Reply   Trace   Private Reply  


#56. To: CZ82, A K A Stone, mininggold (#51)

Oh no, you used the "R" word (responsibility) you need to wash out your keyboard with soap!!!!!

The rich should be responsible for selling an economic system that failed.

Just like automobile companies are responsible for recalls for a failure, the rich and corporations are RESPONSIBLE for the economic failure of the American low tax and free trade system that has not created more jobs and has not increased incomes over the last 30 years.

With the economy still in the dumper -- maybe permanently? -- and full-time jobs becoming as scarce as rain during a drought, huge percentages of Americans have had their (misplaced) faith in the American dream shaken, the upper-middle-class consumerist lifestyle is exposed as a mirage for anybody who plays by the rules. Capitalism and the America that embraced it as a way of life is now and forever more a failure. It does me good to know that the generation that voted in Reagan and his ideology will see their America die from that ideology before their very own eyes and knowing they had a hand in its destruction.

Godwinson  posted on  2011-09-26   13:12:36 ET  Reply   Trace   Private Reply  


#57. To: A K A Stone (#55)

I'm for repealing it. You are not. You want NAFTA to continue. Poser.

I am for repealing NAFTA. What part of supporting 2 scenarios don't you get?

With the economy still in the dumper -- maybe permanently? -- and full-time jobs becoming as scarce as rain during a drought, huge percentages of Americans have had their (misplaced) faith in the American dream shaken, the upper-middle-class consumerist lifestyle is exposed as a mirage for anybody who plays by the rules. Capitalism and the America that embraced it as a way of life is now and forever more a failure. It does me good to know that the generation that voted in Reagan and his ideology will see their America die from that ideology before their very own eyes and knowing they had a hand in its destruction.

Godwinson  posted on  2011-09-26   13:13:26 ET  Reply   Trace   Private Reply  


#58. To: Godwinson (#53)

There is also the blow back

The blow back would be the jobs coming back. We need to repeal NAFTA and replace it with tariffs on foreign goods. The tariff should make foreign goods more expensive then American goods by about 10 percent. If they pay their workers a dollar a day. The tariff should be enough to take that into account plus 10 percent.

You don't like Americans having jobs. You are already on record want America to crash and burn.

A K A Stone  posted on  2011-09-26   13:13:40 ET  Reply   Trace   Private Reply  


#59. To: A K A Stone (#50)

Speculation.

Everything said here today is basically speculation. But no agreement passes without support and those that have made the most profit have supported their creation and positioned themselves from the start.

And you can take that to the bank.

mininggold  posted on  2011-09-26   13:13:45 ET  Reply   Trace   Private Reply  


#60. To: Godwinson (#57)

I am for repealing NAFTA. What part of supporting 2 scenarios don't you get?

Your post 42 and 49 say otherwise. Did you have a change of heart in the last 5 minutes?

A K A Stone  posted on  2011-09-26   13:15:10 ET  Reply   Trace   Private Reply  


#61. To: mininggold (#59)

I cannot take that to the bank. They only take money. Not words printed off an obscure political forum.

A K A Stone  posted on  2011-09-26   13:16:22 ET  Reply   Trace   Private Reply  


#62. To: A K A Stone, Skip Intro, mininggold, lucysmom (#58) (Edited)

Now we have had 20 years of this economic philosophy and the experiment has failed for most Americans. The American people have every right to ask for their money back from the he top 1% to 2% of the population that lied to them about the benefits of this new economy. If a new model automobile performed as poorly as the globalized economy did it would have been recalled already.

As I see it, at this point freedom of action to correct the failed globalized American economy is limited to two avenues for the American people.

One is to undo all those free trade treaties signed in the last 20 years. It can be done but it would be difficult and lead to possible trade wars. In the short term it would be devastating to the economy if that was the case.

A more readily available solution is to take back the wealth from the top 2% of the population that made their fortunes in the last 2 decades in large part due to outsourcing and return (not transfer but RETURN) that money back to the rest of the population in the forms of government services like universal health care and investment in the nation's future (NASA, infrastructure, education).

The promises made by the top 2% via politicians and experts failed to materialize as promised. It is only fair that the rest of the 98% of the population who suffered from this failure are compensated back.

Standing in our way are most Republicans and some Democrats (that seems to be the ratio) who still carry water for the oligarchs that stole our fortunes away. How long will this go on before we correct their error?

RECALL. The law is to be recalled. The Profits of the rich from the last 30 years is to be REFUNDED. I Call for a REFUND to the money clearly taken form the 98% of the population and transferred to the top 2% based on the top 2% supporting an economic system Regaonmics+ Free trade that did not perform as promised.

The economic right wing ideology is RECALLED by the people and the money hereby REFUNDED back to them.

With the economy still in the dumper -- maybe permanently? -- and full-time jobs becoming as scarce as rain during a drought, huge percentages of Americans have had their (misplaced) faith in the American dream shaken, the upper-middle-class consumerist lifestyle is exposed as a mirage for anybody who plays by the rules. Capitalism and the America that embraced it as a way of life is now and forever more a failure. It does me good to know that the generation that voted in Reagan and his ideology will see their America die from that ideology before their very own eyes and knowing they had a hand in its destruction.

Godwinson  posted on  2011-09-26   13:18:50 ET  Reply   Trace   Private Reply  


#63. To: Godwinson (#56)

nd has not increased incomes over the last 30 years.

You haven't got a raise in 30 years? Must suck to be you.

A K A Stone  posted on  2011-09-26   13:19:14 ET  Reply   Trace   Private Reply  


#64. To: Godwinson (#62)

The economic right wing ideology is RECALLED by the people and the money hereby refunded back to them.

No it isn't. Wake up you are dreaming.

A K A Stone  posted on  2011-09-26   13:20:00 ET  Reply   Trace   Private Reply  


#65. To: A K A Stone (#58)

The blow back would be the jobs coming back. We need to repeal NAFTA and replace it with tariffs on foreign goods. The tariff should make foreign goods more expensive then American goods by about 10 percent. If they pay their workers a dollar a day. The tariff should be enough to take that into account plus 10 percent.

Too bad Rush wasn't for that in the least. He lost about half his radio listenership during his pro NAFTA era, but they too evidently have short memory spans.

mininggold  posted on  2011-09-26   13:20:57 ET  Reply   Trace   Private Reply  


#66. To: A K A Stone (#63)

You haven't got a raise in 30 years? Must suck to be you.

It sucks for most Americans, you Koch sucker.

With the economy still in the dumper -- maybe permanently? -- and full-time jobs becoming as scarce as rain during a drought, huge percentages of Americans have had their (misplaced) faith in the American dream shaken, the upper-middle-class consumerist lifestyle is exposed as a mirage for anybody who plays by the rules. Capitalism and the America that embraced it as a way of life is now and forever more a failure. It does me good to know that the generation that voted in Reagan and his ideology will see their America die from that ideology before their very own eyes and knowing they had a hand in its destruction.

Godwinson  posted on  2011-09-26   13:21:35 ET  Reply   Trace   Private Reply  


#67. To: mininggold (#65)

Too bad Rush wasn't for that in the least. He lost about half his radio listenership during his pro NAFTA era, but they too evidently have short memory spans.

I agree with you. Rush would have been a good ally back then and maybe it could have been defeated.

I listen to Rush. He is entertaining. He digs up good dirt on the democrats. I pretty much stopped listening to him during the Bush years. He was to much of a cheerleader for Bush and his illegal war. So I kind of like Rush on some issues and strongly disagree with him on some others. Like I said he is still fun to listen to though. Lately though I have just had my sandisk filled with lots of hard rock on random play hooked up to my Dewalt radio. No commercials just good rock n roll music.

A K A Stone  posted on  2011-09-26   13:24:23 ET  Reply   Trace   Private Reply  


#68. To: Godwinson (#66)

Using Koch as a boogeyman is a wasted task. I don't even know what the guy looks like. Most Americans probably 80 percent have never heard of him. People don't pay to much attention like you and I do.

A K A Stone  posted on  2011-09-26   13:26:10 ET  Reply   Trace   Private Reply  


#69. To: A K A Stone (#68)

Using Koch as a boogeyman is a wasted task. I don't even know what the guy looks like. Most Americans probably 80 percent have never heard of him. People don't pay to much attention like you and I do.

It doesn't hurt to educate Americans to where the money originates in some of these 'grassroots' movements.

mininggold  posted on  2011-09-26   13:28:05 ET  Reply   Trace   Private Reply  


#70. To: Godwinson (#62)

One is to undo all those free trade treaties signed in the last 20 years.

The trouble with globalization is that we have nothing to trade.

"You post articles- intellectual excrement, really- that support your inane, insipid mentality, on a regular basis. Capitalist Eric

lucysmom  posted on  2011-09-26   13:29:30 ET  Reply   Trace   Private Reply  


#71. To: lucysmom (#70)

The trouble with globalization is that we have nothing to trade.

Oh really? Come on.

A K A Stone  posted on  2011-09-26   13:33:24 ET  Reply   Trace   Private Reply  


#72. To: mininggold (#69)

Hey mininggold. Have a good day. We do have a little bit of agreement on this globalization stuff.

A K A Stone  posted on  2011-09-26   13:34:24 ET  Reply   Trace   Private Reply  


#73. To: Godwinson (#0)

...the net wealth of the Koch brothers has grown, but that wealth has not trickled down in the form of job creation at their company....

Hmmm... THIS is the quality of articles you post...? With such a title, I would have expected something with.... oh, I don't know, maybe some SUBSTANCE?

They're successful businessmen (whoever they are)... GOOD for them! That's something to be ADMIRED, you socialist idiot, not attacked.

....Unless, of course, you're such a loser that you'll never do anything except complain that people who are more willing to work and are smarter than you, make more money than you...

BTW, you already get the wealth you deserve- in the form of a wage or salary...

In fact, the Koch brothers have been JOB DELETERS in favor of padding their bank accounts.

Hmmm... if we take this statement at face-value (I'm being generous), this means they've become more efficient... which in turn will result in lower prices to their consumers.

And this is bad because WHY?

Oh, that's right... it's bad because you're such a loser that you'll never do anything, so you just complain that people who are more willing to work and are smarter than you, make more money than you...

Face it, gobsheit. You're a leftist loser.

'Nuff said.

DUMMY DwarF: ...I'm eating a meatball...
Capitalist Eric: Foreplay before the president's staff?

http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=24347&Disp=35#C35

Capitalist Eric  posted on  2011-09-26   14:29:36 ET  Reply   Trace   Private Reply  


#74. To: Capitalist Eric, Skip Intro, mininggold, lucysmom (#73)

Hmmm... if we take this statement at face-value (I'm being generous), this means they've become more efficient... which in turn will result in lower prices to their consumers.

Then they should be hiring MORE people because they are making more profit selling at a cheaper price.

So these richers are NOT job creators AT ALL.

you can't call them job creators then claim eliminating jobs is a good thing, you loon.

With the economy still in the dumper -- maybe permanently? -- and full-time jobs becoming as scarce as rain during a drought, huge percentages of Americans have had their (misplaced) faith in the American dream shaken, the upper-middle-class consumerist lifestyle is exposed as a mirage for anybody who plays by the rules. Capitalism and the America that embraced it as a way of life is now and forever more a failure. It does me good to know that the generation that voted in Reagan and his ideology will see their America die from that ideology before their very own eyes and knowing they had a hand in its destruction.

Godwinson  posted on  2011-09-26   15:34:14 ET  Reply   Trace   Private Reply  


#75. To: A K A Stone (#34)

I don't know that your numbers for Limbaugh are correct.

Me either. How could I?

How much do you think he saved yearly from the Bush tax cuts?

Skip Intro  posted on  2011-09-26   15:46:58 ET  Reply   Trace   Private Reply  


#76. To: mininggold (#36) (Edited)

And he probably just started another losing business to cover the tax increase.

Limbaugh sells tea. I doubt that he went out and built a new factory and hired employees for it. Most likely he subbed it out - to Snapple, maybe? - and they produce it for him. Curiously, Snapple is in Irving Tx, which is between Fort Worth and Dallas, the location Limbaugh says his tea is produced.

In any event any new people hired for his project would be minimal.

Skip Intro  posted on  2011-09-26   15:53:15 ET  Reply   Trace   Private Reply  


#77. To: Skip Intro (#76)

Limbaugh sells tea. I doubt that he went out and built a new factory and hired employees for it. Most likely he subbed it out - to Snapple, maybe? - and they produce it for him.

There must be a vast worldwide demand for a new brand of tea. Or else he, like the gold sellers, realize what a dupe the average Tea Bagger is.

mininggold  posted on  2011-09-26   16:02:03 ET  Reply   Trace   Private Reply  


#78. To: Godwinson (#37)

I would take profits back via the constitutional tax code and the power of the IRS. NAFTA/GATT was supposed to lower prices and create more jobs. It did nothing of the sort.

I would charge the various parties under the RICO Act.

mininggold  posted on  2011-09-26   16:11:14 ET  Reply   Trace   Private Reply  


#79. To: mininggold (#77)

There must be a vast worldwide demand for a new brand of tea.

There's a demand by suckers for an overpriced bottle of tea. It is cheaper than overpriced gold commemorative coins, after all.

Remember his hideous ties from the 1990s? Funny how he was able to start that business without his millionaire's tax cut.

I remember seeing them on sale at a Long's drug store in Walnut Creek. They were priced at $2.99 or something near that and they sat there for months.

Skip Intro  posted on  2011-09-26   16:12:59 ET  Reply   Trace   Private Reply  


#80. To: Skip Intro (#79)

Remember his hideous ties from the 1990s? Funny how he was able to start that business without his millionaire's tax cut.

Supposedly those ties were marketed by 'the lovely and gracious Marta' a few wives back.

mininggold  posted on  2011-09-26   16:24:33 ET  Reply   Trace   Private Reply  


#81. To: A K A Stone (#11)

You can't just take something away from someone because you covet what they have. Go get a job.

If goober invested the same amount of energy in self-improvement that he invests in his envy, he would be on the other side the equation.


That government is best which governs not at all -- Henry David Thoreau

jwpegler  posted on  2011-09-26   16:26:20 ET  Reply   Trace   Private Reply  



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