Apropos Quote: The most formidable weapon against errors of every kind is reason. - Thomas Paine

The GOP continues to make it difficult for the US economy to get ahead. In the minutes before Congress packed up to go on holiday, a few Republicans finally acquiesce to stop teacher layoffs. 

The Hill: Pelosi fires warning shot at GOP over state aid

Speaker Nancy Pelosi (D-Calif.) lambasted House Republicans on Monday for opposing a $26 billion package of aid to states while supporting an extension of President George W. Bush's tax cuts. Pelosi said the state aid legislation — which would prevent teacher layoffs, among other goals — would save American jobs without adding to the deficit. She contrasted that with the tax cuts, which are not paid for with equivalent spending cuts.

House Clears $26.1 Billion State-Aid Package, Dems Slam GOP Obstructionism

HuffingtonPost: The House passed a bill Tuesday afternoon providing $26.1 billion to cash-strapped state governments, and preventing roughly 161,000 teachers and 158,000 public works employees from being laid off. The vote was 247-161.

Democratic leadership has been under tremendous pressure to pass legislation before the start of the school year policy-wise, and before the November elections politics-wise.

"The frustration of course has been that the Republicans have a two-step strategy: First of all, obstruct anything from getting better, and then point out that things aren't getting better," said Rep. Barney Frank (D-Mass.). "I mean the bill that's being passed today, if it were passed a month ago, we wouldn't have had the job loss report last week and I think they're fine with that." Read on


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Minimum Wage

Workers in BMW's auto plants in Germany make twice as much as US workers in BMW plants who make $15 an hour. Oh and by the way German workers get 35 days of vacation AND decent healthcare.

And why does Germany's Manufacturers do so well?

BLS Jobless Numbers

  • 12.5 million - unemployed,
  • 14.5%(U6) - out of work,
  • 5.1 million (41%) 6 months or longer,
  • 7.9 million "involuntary" partime workers,
  • Over 4 million for a year, (WSJ)
  • 2.0  million over 99 weeks, the 99ers!
  • 4.7 jobless for every job. EPI
  • 91,000 unemployed become 99ers every week.
~ U.S. April 2012 -Bureau Labor Statistics
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