Friday, December 02, 2011

What jobs bills?

 *  The twitter page of Republican Rep. Steve  Stivers has a few things that makes me question his interpretation of what "jobs" bills really are:!/RepSteveStivers

Financial Services
by RepSteveStivers
Sponsors of HR 2779, a bill to reign in -
Steve Stivers
Nov report by the tells me the Senate must take action & pass our House-passed jobs bills-put our unemployed Americans to work
Steve Stivers
In case you missed it, we passed more bills out of yesterday

The Republican agenda of wiping out regulations because they say it kills jobs is a bunch of hogwash.  These regulations that they are attempting to destroy are important to protect the well-being of human beings, our water, air, and environment.  See the ProPublica article for more information:  Do Regulations Really Kill Jobs Overall? Not So Much

The fact that Stivers and his corporate sponsors continue to try to tear apart the  Dodd-Frank Law shows us that Stivers would prefer banks to make risky deals while using and possibly losing our money. Stivers was once a bank lobbyist, but unfortunately, he thinks he still is protecting bankers from governmental regulations.  As a state senator, he also voted against consumer protection law.  Stivers definitely continues to support the wealthy 1%.

That second Stivers tweet from above that mentions the U.S. Department of Labor is open to interpretation.  No one has proven that any of the Republican passed bills would create one job, and the U.S. Department of Labor has not claimed that the Senate should pass any Republican legislation.  Stivers is just interpreting news through his own skewed right wing agenda.

* According to news reports, Gov. John Kasich has offered Sears $400 million in tax incentives to move their headquarters from Chicago to Ohio.  Considering what is happening to big box stores, why would such a huge amount of money be offered to an industry that is losing its foothold in the marketplace?

An LATimes article (6/23/11) reports how Best Buy and other stores are reducing their presence in traditional buildings:

When it comes to retailing, big is not so beautiful anymore.
Weak sales, online competition and changing consumer habits have big-box chains looking to downsize. Best Buy Co. is the latest merchant shedding space, in an initiative that stands out in both size and scope.....

..."Big-box has already seen its heyday," said Brad Thomas, a retail analyst with Keyblanc Capital Markets. "Retailers just don't need as much space as they once did. Across the retail industry there is an effort to reduce the size of your stores as retail and purchases increasingly occur online rather than through brick-and-mortar stores."...

Will there be a Sears company in 10 years?