After Jobs Report, Republicans Admit Trickle-Down Economics Doesn’t Work

bureauoflaborstatisticsLike the first Friday of every month, our jobs numbers were released by the Bureau of Labor Statistics today.  For April we added over 165,000 jobs, while unemployment dropped to 7.5%.

Along with that, the jobs reports for February and March were revised up.  So far for 2013 we’ve added 783,000 jobs.

And like Republicans have done for the last 39 consecutive months, they’ve done everything they can to try and turn job growth into something negative.

I can already hear them now.  Excuses ranging from “Obama manipulating the numbers” (which is impossible considering he doesn’t have any control over the Bureau of Labor Statistics)  to “Unemployment only fell because people stopped looking for work.”  Which would make sense if jobs were flat—they’re not.

And my favorite one, “All the jobs being created are low paying jobs.”

What was that?  Republicans are saying most of these jobs being created are low paying jobs?  But wait, what happened to Trickle-Down Economics?   Isn’t that the cornerstone of the Republican economic platform?

Stocks went over 15,000 today, continuing to set new records, and corporate profits are up across the board.

So when Republicans say the jobs being created are just low paying jobs, and the average American income is stagnate or going down, what they’re admitting is that Trickle-Down Economics doesn’t work.

So which is it?  Are Obama’s policies creating jobs and reducing our deficits or is Trickle-Down Economics a failure due to the Republican claim that most of these jobs are low paying?

Oh wait, this just in from House Speaker John Boehner, let’s see what he has to say:

“Today’s jobs report offers some good news, but President Obama’s policies still aren’t allowing the robust growth and job creation Americans desperately need. We can expand opportunity and get our economy moving by cutting red tape, addressing Washington’s spending problem, fixing our broken tax code, and more.”

You have to love it, folks.  Yes, by all means, let’s push more of the same policies we had before the recession.  He completely ignores the fact that deficits are shrinking and blames the President’s policies for not producing enough growth—when the GOP caused austerity of thousands of public jobs and sequester cuts are two of the biggest driving forces behind some of the slower than hoped for economic growth.

And even in that statement what he’s really pushing for is more austerity, less regulation and more tax cuts for the rich.  You know, Trickle-Down Economics.

The very thing he admits doesn’t work by implying we should have more robust economic growth—despite the record breaking stock levels and corporate profits being higher than they have been in years.

It just shows how ignorant Republicans treat their own voters.  How else can Fox News, and their own party leaders, come out and attack the President by saying we should have better economic growth—while continuing to push for more Trickle-Down Economics, when the fact that they’re saying we should have better growth proves it’s failure as an economic policy.

Then to go even further, someone like Boehner comes out and says the path to more “robust economic growth” is a return to the very same economic policies which led to our recession.

I would say these people are clueless, but on the island of stupid which these people live on, clueless would actually be an improvement.

Allen Clifton

Allen Clifton is a native Texan who now lives in the Austin area. He has a degree in Political Science from Sam Houston State University. Allen is a co-founder of Forward Progressives and creator of the popular Right Off A Cliff column and Facebook page. Be sure to follow Allen on Twitter and Facebook, and subscribe to his channel on YouTube as well.


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