Archive for graph – Page 2

VIDEO: Why unions matter, in a measly 1 minute 19 seconds

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chart graph why unions matter

Via Colin Gordon from June 2012:

Author's analysis of Historical Statistics of the United States, unionstats.com, Piketty and Saez (2003), and The World Top Incomes Database (http://g-mond.parisschoolofeconomics....)

The video is from the Economic Policy Institute, and it shows how unions are declining, paralleling the abrupt uptick of income inequality. Gee, what a coincidence... and what a shame, because: "What a difference a union can make!"

Along with the video, Think Progress has three charts also showing why unions matter, including how the income of the richest one percent has risen as middle class incomes drop:

Income inequality is skyrocketing, while worker wages stagnate and more and more people leave unemployment for low-wage, part time jobs. [...]

[L]ike many workers, fast food employees could greatly benefit from the ability to collectively bargain. After all, their minimum wage jobs have actually become worth even less as time goes on. While those one percent of top earners are seeing a great spike in their incomes, the low-wage worker is feeling deflated.

Earlier I posted an L.A. Times reader who suggested, "Instead of tying the minimum wage to state law, let us tie that wage to corporate profits." Twitter pal @vinctee added, "Or CEO pay."

And another of my Twitter followers, @johnncastlerock, tweeted, "Raise to $16/hr and tie annual increases to national productivity. Corp 'profits' too easy to manipulate."

And finally, if you missed it, this is a must-see: A genius made this video, a British guy who calls himself a "Labor geek."

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VIDEO: Bobby Jindal and disrespect for transgender people all in one Sunday. Somebody talk me down.

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talk-me-down

It's time for Blood Pressure Crisis Sunday! Today's blood pressure crisis was brought on by a Meet the Press (surprise!) segment with Louisiana Governor Bobby Jindal and a subsequent and unrelated MSNBC interview with a member of the military.

Frankly, I can't bring myself to re-watch the Jindal interview, so I'll post it without the usual transcript excerpts. If you can make it through the entire thing, you'll see why I was so exasperated:

Visit NBCNews.com for breaking news, world news, and news about the economy

In short, Jindal did nothing but lie and exhibit his usual hypocrisy. He was asked a direct question about the state of the Republican party, but he refused to respond, instead going off on his usual "privatize and de-unionize" education speechifying, couching his argument in gauzier terms that the non-political junkie might misinterpret in his favor. His idea of the American Dream is a countrywide enforcement of the bigotry and corporate goals of the GOP-- or as he called it "the stupid party."

He also blamed President Obama for wanting to shut down the government. Seriously.

And said we have a deficit problem. Seriously.

chart maddow budget deficit 2013 shrinkingMemo to GOP: Federal deficit shrinking at surprising rate, long-term debt stabilized for next decade 

And in a Politico op-ed today, Jindal blamed racial inequality on minorities being too proud of their heritages

Did I mention that phony, self-serving, privatization-happy, voucher-school-loving creationist Bobby Jindal now most unpopular GOP governor in U.S.? Great choice of spokesperson, GOP. Way to go.

Following Meet the Press was Weekends with Alex Witt sans Alex Witt (I can't find the video). The host interviewed a member of the military (apologies for not catching his name, rank, and serial number, but I was listening from another room and popped in only long enough to scream at the Tee Vee Machine). They were discussing Chelsea Manning (formerly Bradley Manning) who was just sentenced to 35 years in prison and announced his intention to transition from male to female.

Putting aside the arguments over whether the military prison in Fort Leavenworth should accommodate her for now, I was struck by the blatant insensitivity and apparent bigotry of the guest. His attitude screamed, "Manning casually decided to be a girl on a whim, tough luck freak, now enjoy your time in the slammer."

No, "sir," actually Manning has long struggled with gender identity, identifies as female, and has "felt that way since childhood."

How about respecting that instead of belittling and willfully making false assumptions, "sir"? Even if he broke the law, he's still a human being. How about educating yourself instead of perpetuating ignorance and misinformation, "sir"?

The increasingly deteriorating discourse and dearth of challenges to what passes for informed commentary fed to viewing and listening audiences are not only infuriating, they're scary... and they are harmful to democracy.

blood pressure

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Bikini Graph time! Unemployment rate reaches lowest point in nearly 5 years

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bikini itsy bitsy

It’s time to bring back the Bikini Graph! As always, red columns point to monthly job totals under the Bush administration, while blue columns point to job totals under the Obama administration. And today we get a bonus graph, courtesy of the wonderful Steve Benen:

graph chart unemployment Obama benen Maddow

Incidentally, the other main Republican talking point on jobs for much of Obama's first term was that the net total of jobs gained on the president's watch is zero. It was always a ridiculous argument -- it was predicated on the assumption that Obama deserved the blame for the jobs lost a couple of weeks after his inauguration -- but it looks even sillier now. To date, the net gain for jobs under Obama is about 2.1 million overall and nearly 2.8 million in the private sector.

And here are the Bikini Graphs. The Maddow Blog has more details. Benen starts by calling the jobs report "underwhelming" because the 162,000 jobs added in July were below expectations. However, there was a glimmer of positive news, too:

bikini graph August 2013 overall

bikini graph August 2013 private sector

In a rare sight, public-sector layoffs were not a drag on the overall totals -- the private sector added 161,000 jobs, while the public sector added 1,000 jobs. (In recent years, the public sector ordinarily sheds several thousand jobs per month). The overall unemployment rate dropped to 7.4%, but largely because of people leaving the workforce. [...]

We're steadily adding jobs every month at rates above population growth, but we're seeing neither a hiring boom nor a deteriorating employment landscape. It's just ... leveled off.

Money quote (no pun):

Republican leaders remain committed to sequestration cuts that are holding back job creation on purpose, and are focused primarily on spending bills that punish those already struggling.

I made similar points here: Boehner wants Pres. Obama to destroy a growing economy.

So far this year, 1.34 million jobs were added overall, 1.37 million in the private sector.

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Chart: Economic growth exceeds expectations

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blame Obama 2

No thanks to the GOP. Via a Fox Biz email alert:

A report from payroll processor ADP shows the U.S. private sector tacked on 200,000 jobs in July, beating expectations of 180,000.

maddow blog chart growth exceeds expectations

Via Steve Benen at The Maddow Blog, where there is more info:

Of course, this morning's report would have shown GDP growth over 2% had it not been for reductions in government spending, mandated by conservative policymakers who believe the recovery will be stronger if they weaken it by taking capital out of the economy. The caveat to this is that conservative austerity measures at the state and local levels appears to have come to an end, which helps mitigate the deliberate damage done by congressional Republicans.

Incidentally, this is also the report that revises previous GDP estimates, and it now appears the economy grew at a 2.8% annual rate in 2012, up from the previous 2.2% estimate.

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Jobless claims fall #BlameObama

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blame Obama 2

Fox Biz is reporting this, so it must be true, because, as everyone knows, Fox is known for its accuracy. Via an email alert:

The Labor Department reports claims for first-time jobless benefits fell to 334,000 from a downwardly revised 358,000. Economists expected claims to fall to 345,000 from an initially reported 360,000.

At the risk of sounding upbeat, yay! There. I said it.

We have a long way to go, but month after month, there are up arrows on the good ol' Bikini Graph, which is a positive development. I repeat, a positive development. And boyoboy, do we need positive developments these days.

I have nothing more to say. Oh, except... wait for it...

#BlameObama

Oh, but I kid the blamers....

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Bikini Graph time! "Not only good news, but unexpectedly good news": Job growth improves, exceeds expectations

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bikini itsy bitsy

It’s time to bring back the Bikini Graph! As always, red columns point to monthly job totals under the Bush administration, while blue columns point to job totals under the Obama administration:

bikini graph private sector July 2013 bikini graph overall July 2013

Wait, what? The blue bars still are still pointing UP. Imagine that.

Via Steve Benen at The Maddow Blog, where there’s more:

[T]he new report from the Bureau of Labor Statistics shows not only good news, but unexpectedly good news.

The U.S. economy added a better-than-expected 195,000 jobs in June and employment gains for May and April were revised sharply higher, the U.S. government said Friday. The unemployment rate was unchanged at 7.6%, but the size of the labor force increased by 177,000, according to the Labor Department said.

As is usually the case, there was a gap between the two major sectors -- America's private sector added 202,000 jobs last month, while spending cuts caused the public sector shed 7,000 jobs.

Yes, once again, thanks to Republican union-haters-slash-privatization-lovers, we're losing pubic sector jobs that, had they grown the way the Dems wanted them to via more stimulus, the unemployment rate would have plunged.

But Benen does come up with additional upbeat news anyway-- Hide your ears, GOP!-- that "the most important -- and most heartening -- detail in this new report is the upward revisions for the previous two months; the period from April through June is the best we've seen since early 2012."

He goes on to note that for the first half of 2013, we has added 1.21 jobs overall, and 1.23 million in the private sector.

To quote, Benen, that's "not too shabby."

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Bikini Graph time! Recovery remains broadly on track: 175,000 jobs added in May, best since February

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bikini itsy bitsy

It’s time to bring back the Bikini Graph! As always, red columns point to monthly job totals under the Bush administration, while blue columns point to job totals under the Obama administration:

bikin graph June 2013 overall bikini graph June 2013 private sector

What th--? The blue bars still are still pointing UP. Imagine that.

Via Steve Benen at The Maddow Blog, where there’s more:

The U.S. economy added 175,000 jobs in May, slightly better than expected, though the overall unemployment rate inched higher to 7.6%. (Update: Remember that these minor increases aren't always bad news, and occasionally, they're sign of an improving jobs landscape.) As is usually the case, there was a gap between the two major sectors -- America's private sector added 178,000 jobs last month, while spending cuts caused the public sector lose 3,000 jobs [...]

Federal hiring declined by 45,000 over the last three months, suggesting that Congress' sequestration budget cuts are doing what they were intended to do -- hurting the economy.) [...]

All told, job creation in May was the best we've seen since February and marks the 39th consecutive month of job growth. For the first five months of the calendar year, the economy has added 946,000 jobs overall, and 972,000 in the private sector.

Again, the GOP has reveled in slashing “government workers” as if they are something less than, as if their jobs aren’t really jobs at all, as if there is something inherently inferior about what they do to get by. Busting unions and privatizing America is the goal of those on the right.

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