Friday, May 02, 2008

The effect of the Iraq Occupation Recession

A 1.5-mile stretch of Interstate 75, part of the Ambassador Bridge Gateway Project, is shown under construction in southwest Detroit, Wednesday, April 30, 2008. As states struggle with more than $39 billion in budget shortfalls, at least ten have announced hiring curbs, chilling one of the few parts of the economy that had been adding jobs. (AP Photo/Paul Sancya) (Paul Sancya - AP)

'As states struggle'? That project pictured above is on 'Interstate' 75 -- that's a federal project and not the responsibility of Michigan or any other state that I-75 runs through.

And, the 18.4 cents per gallon federal tax is suppose to be used for not only federal highways but state highways as well. There shouldn't be 'budget shortfalls' -- there should be plenty of cash for roads and bridges since 18.4 cents times record gasoline consumption should equal enough to cover any 'shortfall'.

That $14 billion a month we're wasting in Iraq would sure come in handy.

And don't forget, John 'Lil' Bush' McCain wants to do away with that 18.4 cents that not only repairs our roads but employs 300,000 workers.

And the sheep wonder why unemployment always goes up under Republicans.

Employers Cut Fewer Jobs Than Expected

Well, the good news is, it's not as bad as they thought it could be. The U.S. economy "shed" 20,000 jobs in April but there were 81,000 jobs lost in March so in a George 'Herbert Hoover' Bush economy, that's good. April was the fourth consecutive month of job losses.

And before everyone starts getting too excited over losing only 20,000 jobs in April;
"... construction companies slashed 61,000 positions in April. Manufacturers cut 46,000 and retailers got rid of 27,000. Those losses were eclipsed by job gains in education and health care, professional and business services, the government and elsewhere."
We've tried it and it failed. We need a change and that change starts with leaving Iraq and using the $14 billion wasted there every month on our own.