So, I have provided you with some economic talking points. You see, we live in a 30-second sound bite world. You have to speak in simple sentences and say the same thing over and over and over and over and over and over and over and over and over again.
That's what Bush has done with such phrases as "9/11 changed everything" and "war on terror." Why the hell do you think everybody says, "9/11 changed everything?" Because Bush says it in every speech! So, that's what we have to do. Just to make sure you see these phrases
I HAVE HIGHLIGHTED THEM IN BOLDFACE AND CAPITAL LETTERS.
So, you should use these phrases over and over and over and over and over and over and over again.
Weak Job Growth or THE WORST RATE OF JOB CREATION IN 40 YEARS
According to the National Bureau of Economic Research this expansion started in November 2001 when there were 130,883,000 establishment jobs. There were 135,230,000 establishment jobs in June of 2006 for an increase of 4.347 million jobs. That's a compound annual growth rate of .71% and THE WORST RATE OF JOB CREATION IN 40 YEARS
The administration has a nasty habit of lying. So they often use June 2003 as the starting point for their job numbers. It would be really nice if you called them out on this, but that requires backbone which you are really lacking right now. SOOOO, let's use the administration's dates. In June 2003 there were 129,822,000 establishment jobs in the US and there were 135,230,000 in June of 2006. That's a compound annual growth rate of 1.5% which is still THE WORST RATE OF JOB CREATION IN 40 YEARS See? Wasn't that easy? You don't even have to call the administration a bunch of lying hacks. You can use their points and still say, this is THE WORST RATE OF JOB CREATION IN 40 YEARS.
Every time the Bush administration pats themselves on the back, you should say the following: "THIS IS THE WORST RATE OF JOB CREATION IN 40 YEARS" See - that wasn't so hard was it? Let's try it again - this is "THE WORST RATE OF JOB CREATION IN 40 YEARS" Wow - I feel better.
Did Hannity say you were helping the terrorists? Then you said it right!
The Economy is Creating Poor Quality Jobs or BUSH'S NEW JOBS PAY $9000 LESS PER YEAR.
It would really help the middle class if the administration's policies created good paying jobs. But they haven't. According to a study by Global Insight, the top 10 areas of job creation for the years 2003-2005 pay on average $9000/year less than the top ten areas of jobs lost in 2001-2003. So, all you have to say is, "BUSH'S NEW JOBS PAY $9000 LESS PER YEAR." See - that's not hard, is it? Let's try it again. "BUSH'S NEW JOBS PAY $9000 LESS PER YEAR." And one more time just to make sure you've got it down. BUSH'S NEW JOBS PAY $9000 LESS PER YEAR."
Did Rush say you were a traitor? You said it right!
Stagnant Pay or WORKING PEOPLE HAVEN'T HAD A RAISE IN 5 YEARS
People like to get raises. It makes them feel appreciated. But meaningful raises have been hard to come by in this expansion.
According to the National Bureau of Economic Analysis, this expansion started in November 2001 when the average hourly pay of non-supervisory workers was $14.70.This figure was $16.62 in May of 2006 for an increase of 13.06%. Over the same period, the inflation gage increased from 177.4 to 202.5, or an increase of 14.15%. Therefore, wages for non-supervisory employees have decreased a little over 1% since this expansion began.
However, the unemployment rate dropped below 5% in December 2005, signaling "full employment". Has the decrease in labor supply increased wages? No. In December 2005 the average hourly wage of non-supervisory employees was $16.35. In May that number was $16.62 for an increase of 1.65%. Over the same period, the overall inflation measure increased from 196.8 to 202.5 or an increase of 2.89%. Therefore, since the economy hit "full employment" wages have decreased 1.25%.
So - here is your economic talking point: WORKING PEOPLE HAVEN'T HAD A RAISE IN 5 YEARS. Pretty easy, huh? Let's try it again, WORKING PEOPLE HAVEN'T HAD A RAISE IN 5 YEARS. And one more time -- WORKING PEOPLE HAVEN'T HAD A RAISE IN 5 YEARS.
Did Hugh Hewitt make fun of you for saying it? You said it right!
So there you go - three great things to say over and over and over and over and over and over and over and over and again. And when you think you have said it enough, say it one more time just to make sure. In case you forget them - here they are:
THE WORST RATE OF JOB CREATION IN 40 YEARS
BUSH'S NEW JOBS PAY $9000 LESS PER YEAR.
WORKING PEOPLE HAVEN'T HAD A RAISE IN 5 YEARS.
I expect to hear these soon. And I expect to keep hearing them, over and over and over and over and over and over and over and over and over and again.
PS: Have a nice day.
PPS: For anyone else, ignore the snarky tone. I'm pretty fed-up with the current bunch of yahoos. But feel free to use the points as well. Try using them in a conversation today. Try using one a day for awhile. Use them over and over and over and over and over and over and over and over and over and over and over again. They're free. And they're factually right. And they're really fun to say to Republicans. Really - they are. I use them all the time. Republicans are cheap amusement. You know you're getting to them when they change the topic.
PPPS: Bonddad provides economic analysis for Democratic Candidates and causes with NRRSA.
PPPS: I just wanted to get one more PS thingy for the hell of it.
Update [2006-7-20 9:7:35 by bonddad]:: Below, OrangeClouds115 offers this suggestion about creating a googlebomb. I have no idea what that is, but it sounds like fun.
1. Everyone make incoming links to this diary all over the web wherever possible.
2. Do it like this: Bush Economy
3. Your blog is a good place to start doing this. So is your sig line.
4. Email it to friends.
5. If it all works, any time someone goes to Google and puts in "Bush Economy" and hits "I'm Feeling Lucky" they come here.
Update [2006-7-20 15:27:35 by bonddad]:: The House Financial Services Committee Released a report today highlighting everything mentioned above. Here are a few choice lines:
Job creation in the Bush economy stands in stark contrast to the job gains made during the 1990s. Over comparable periods in the two administrations, average job growth during the Clinton administration outpaced job growth during the Bush years by nearly 100,000 a month.
Importantly, the job gains made from 1995 onward did not follow a period of heavy job losses, as during the Bush years. Typically, we would expect the economy to add many more jobs following an economic slowdown, and relatively fewer jobs after an extended period of economic growth. Yet, the opposite was true for the Clinton and Bush economies.
Typically, we would expect workers' real wages (adjusted for inflation) to rise as workers become more productive in the economy. Yet, the very strong productivity gains of the past four years have not translated into any wage gains.
Comments are closed on this story.