And as per usual, the experts proclaim themselves mildly surprised and disappointed that we aren't bursting from the depths and performing a water ballet. They're still a little bummed that austerity for the masses and corporate welfare and quantitative easing for the plutocrats has not caused a sonic boom in hiring. All they can come up with to describe the destructive effects of the class war is that the situation continues to be "lackluster."
The jobs stats, released 18 days late because of the partial government shutdown, don't even reflect the massive furloughs of hundreds of thousands of federal employees. And many government contract employees are either still not working or have had their hours cut. Some will get back pay, others will not. Even those who've have been promised back pay have been hit with late charges on their bills.
So come November, the metaphor for the jobs report could well be this: Gasp and Gurgle.
The only true trickle-down is the shit that flows downhill. The richest of the rich are still raking in the dough, and they won't be happy till they swallow the very last crumb.
We know this because the Pain Caucus of the richest of the rich is still very much in charge of the bipartisan economic enhanced torture program. Dick Durbin, the aptly named Democratic Whip, lashed out against the mythical hordes of greedy geezers on Fox News the other day. He used his best threatening mob boss voice. Because when it comes to fomenting fear about retirees, it is simply no longer enough for deficit scolds like Dick to call them greedy. As pawns in the Grand Bargain for the Grandees, earned benefit recipients have become terrorists armed to the dentures. According to Dick, it's the invasion of the Body-Snatching Boomers Who Bomb!
"Social Security is gonna run out of money in 20 years," he lied. "The Baby Boom generation is gonna blow away our future. We don't wanna see that happen."
|Millionaire Politician Warns America: The Only Thing We Have to Fear Is Grandma Herself!!!|
Of course, even if deficits mattered, Social Security has never contributed a dime to the deficit. It actually has a surplus, and could be rendered solvent into perpetuity if the cap on FICA taxes was scrapped. Even taxing income up to $250,000 would ensure the program's solvency for another 75 years. Durbin the Democrat does not tell you this. He wants you to believe that there's a generational theft conspiracy going on, rather than tell the truth about the blatant ongoing theft of every single generation by a tiny handful of oligarchic robber barons.
Durbin, of course, is not really a mob boss. He's merely the consigliere of the Teflon Don in the White House who smilingly presides over the neighborhood block parties even as he orders the hits. Michael Hoexter has a penetrating piece on what it is, exactly, that could be making Boss Obama tick. What's with that paradoxical shtick of voicing concern for people at the same time he throws them under the bus?
Hoexter recommends that we pick all, some, or none of the following: Obama sincerely believes austerity is a virtue and helps to grow the economy. He sincerely believes that the free market is the greatest force for good the world has ever known, and that government is only secondary. He sincerely believes, like most fiscal conservatives, that the private sector owns the currency and that government is "borrowing" from the owners to fund social insurance programs, thus putting the owners at risk for bankruptcy. He sincerely believes in the Confidence Fairy (h/t Krugman) -- that only giving the oligarchs whatever they want will make them want to create jobs.
Obama does not believe any of the above, but is pretending to be a true believer in his capacity as official trickster and "front man" for Wall Street. He could suffer from a genuine psychological disorder, similar to the anorexic who equates starvation with good health. Perhaps, as the child of divorce, he is desperately searching for stern father figures in the Republican Party, seeking to appease them and win their approval. He really is a Prag-Prog ("pragmatic progressive") who thinks he can only succeed at nibbling around the liberal edges. Or, he's been a closet Republican all along.
In short: Obama is either an idiot, a borderline personality, a fraud, a coward, or a psychopath. Pick none, pick one, pick some, pick all. Or add your own.
In short: Obama and his minions need an intervention, pronto.