Posts Tagged ‘unemployment’
So, if British Petroleum is so concerned about making things right, if the economy is on the mend, the environment a-ok…in short, if everything in the Gulf is so good British Petroleum could really leave any time, but won’t, because they are just that committed and that benevolent of a company, then why all the trouble at these schools?
Trouble such as:
Kids coming to class in dirty school uniforms and trying to take showers without others noticing because their parents lost their jobs and are living in homes with no electricity or running water.
Kids not getting the medication they need for ADD and other ailments, leading to kids acting out in class and fights.
Kids missing classes to stay home and take care of their siblings while parents are out looking for work or trying to keep their jobs.
Kids suffering from increased trauma as a result of increased substance abuse and domestic violence in the home.
Oh, and there’s more:
According to a study by the University of South Alabama last spring, 35 percent of the students at Bryant High School in Irvington reported being significantly and personally traumatized by the oil spill. A third of them said they were very concerned because the spill had caused their parents to lose jobs. The number of students getting in trouble at Alba Middle School in Bayou La Batre had doubled in a year, according to the study, and was up by 20 percent at Bryant.
“There are tons of stories,” said Paige Rucker, state director of Project Rebound, which, in tandem with AltaPointe Health Systems, has 21 counselors on a recovery team concentrating on south Mobile County. “You take a community that was already suffering, with Hurricane Katrina and the economy, and you layer the oil spill on top of it.” With that “trifecta,” she said, the community is more than hurting. “It’s on life support.”
Claims money is running out. The jobs haven’t come back. Utility bills are going unpaid. The foot pantry shelves are emptying out and the use of mental health services is on the rise.
This is almost two years after the spill.
Making things right…for who? British Petroleum and their connected politicians…
As Iris Cross says in one of BP’s latest commercials:
“And the economy is showing progress, with many areas on the Gulf Coast having their best tourism season in years. I was born here, I’m still here and so is BP. We’re committed to the Gulf, for everyone who loves it and everyone who calls it home…”
Yeah, well, that’s just wonderful Iris, BP, but how about the kids at schools in south Mobile County? How about you take a little time from your ad campaigns and commit yourselves to these kids and their families?
You know, because you care enough to not have the effects of your spill span across multiple generations.
Read the article:
Have a nice day.
At the end of this month the payroll tax holiday will expire, and if allowed to lapse, it will come as a tax increase for working lower and middle class Americans. The Democrats, including Obama, are in favor of an extension while many Republicans are not. Many Republicans are demanding the extension be offset by spending cuts elsewhere or simply done away with altogether.
According to Macroeconomic Advisers, allowing it to lapse “would reduce GDP growth by 0.5 percent and cost the economy 400,000 jobs.” An analyst at Barclay’s estimated that letting the cut expire would knock 1.5 percent off of first quarter growth next year. Ameriprise Financial Services, meanwhile, estimated that extending the cut “is likely to add between 750,000 to 1 million jobs.” “Payroll tax cuts are very powerful,” added Allen Sinai, chief economist of Decision Economics. “They provide a boost to direct income and, in turn, spending, which is important to growth.”
Oh wait…forget that part…no, the reason some Republicans would be so willing to let it expire is our out of control deficit…fiscal prudence at its best, yes-sir, so fiscally responsible these Republicans, the cult of Norquist clan, they would allow a tax cut to expire. What an example of sacrifice? Imagine that, they finally agreed, not all tax cuts could be forever sacrosanct…oh, and the fact this party is oft accused of defending only the wealthy, and the fact this tax cut only benefits the working poor and middle class, not the wealthy…
I’m sure this is coincidence.
Has to be.
Just as I’m also sure it is only coincidence the Bush tax cuts, those gifts to the rich and a large part of our current deficit, weren’t required to be paid for while the payroll tax holiday, so many Republicans demand, must be offset by cuts elsewhere in the budget.
Yes, this Republican coincidence is but one of many these days…
Take a look at the job creators, for instance. Nick Hanauer, a successful venture capitalist recently wrote an op-ed, stating:
Consider, for example, that a puny 3 percent surtax on incomes above $1 million would be enough to maintain and expand the current payroll tax cut beyond December, preventing a $1,000 increase on the average worker’s taxes at the worst possible time for the economy. With a few more pennies on the dollar, we could invest in rebuilding schools and infrastructure. And even if we imposed a millionaires’ surtax and rolled back the Bush- era tax cuts for those at the top, the taxes on the richest Americans would still be historically low, and their incomes would still be astronomically high…Rich businesspeople like me don’t create jobs. Middle-class consumers do, and when they thrive, U.S. businesses grow and profit.
Yet, the Republicans would rather it be discovered they wet the bed than raise taxes on the wealthy, on those job creators…God save the job creators, even if they call bullshit on their actual ability to create jobs…and I suppose this only makes no sense at all, none…I mean, the Bush tax cuts have been in effect for what, 10 years or so, yet strangely enough we’ve had a recession, we’ve watched a looting of pension plans, a housing collapse and high sustained unemployment for years… And through it all, the fact those taxes on the wealthy, meant to create jobs have done everything but create jobs?
But I digress, back to that tax break the Republicans are so sketchy about, the one that coincidentally doesn’t help the wealthiest of this country…when John Boehner was asked if letting the tax cut expire would hurt the economy, he replied, “I’m not an economist. I don’t know what kind of impact it’s going to have on the economy.”
Not an economist?
Yet he was sure the deficit didn’t matter when Bush was president, growing exponentially due to unfunded wars, tax breaks for the wealthy and that huge gift bag to pharmaceutical companies.
Just as he is now sure, that since Bush is no longer President, the deficit is destroying America as we know it, that if allowed to continue, not only will the deficit destroy our ability to manufacture American flags for the waving, but your mother’s apple pie? As a country, we will no longer be able to support the cost involved in using ovens, ever again. We will be one flag-less pie-less country, that much closer to gay marriage if we don’t do something about the deficit, like yesterday. He means…now.
Oh, but that Boehner suddenly lost his economist credentials, that he devolved into financial confusion when it was time for this tax break that doesn’t expressly help the wealthy?
Another matter of simple coincidence.
However…to be fair…Boehner has come around the past day or so, the GOP is coming around and now say the payroll tax holiday should be passed. John himself has said, ““The fact is that Republicans are doing everything we can to allow American families and small businesses to keep more of what they earn.”
Course, that was Public John Boehner. And what did Private John have to say about the payroll tax holiday?
Well, behind closed doors, he told his membership they were pushing a package that not only included the extension, but also more environmental deregulation, more sales of broadband spectrum and a change in policy to help pass the Keystone XL pipeline so, you know, he could turn “chicken shit into chicken salad.”
The ingredients of chicken salad of course being heavier pollution, sick kids, global warming, monopolies on spectrum leading to a lack of diversity on our airwaves, and a big fucking pipe to take oil all the way across our country from Canada to the Gulf of Mexico, oil from tar sands development which is about as environmentally friendly as, well, as most Republican policy.
Oh, and that John Boehner didn’t refer to this tax break, which doesn’t help the wealthy, as “chicken shit” in public?
Coincidence…you know it.
Yes…coincidence…of course this is what it is, what all of this is.
Cutting taxes on job creators so they continue to not create jobs, unfunded tax breaks for the wealthy while tax breaks for the working poor and middle class must be offset by spending cuts, spectrum sales and pollution, and Boehners ability to be an arch-economist who sometimes, economically speaking, is dumb as a stump…
All of it coincidence…surely.
What other explanation is there?
Have a nice day.
Feinberg just changed the rules again.
On Tuesday, he added a rules modification to the GCCF claims process, designed to tighten payout criteria. “It is clear, that as time passes, it becomes increasingly difficult to determine whether changes in revenue and earnings are due to the oil spill or other factors,” the notice said.
Clear…how clear exactly?
Those (both business and individual) who continue to file interim claims must now show a 5% increase in revenue growth from 2010 to qualify for full compensation from the claims fund. Feinberg reports that businesses along the Gulf Coast are increasing their revenue on average by 10% so this 5% should be no problem, is certainly generous, and whereas this might be more accurate for those in the tourist industry, for those in the fishing industry it is less so. In justifying this growth rate for the fishing industry, Feinberg reports all federal and nearly all state fishing grounds have been reopened, there have been increases in the catch of shrimp the first four months of 2011 and a solid harvest of menhaden is expected, so all will now be well for the fishermen to continue on, recovered. Their revenue must grow by 5%, or they will not be fully compensated because any growth less than that cannot be blamed on British Petroleum and their oil spill, not anymore.
Remember back in February when the final methodology came out and Feinberg refused to compensate workers affected by the drilling moratorium because said moratorium wasn’t directly attributable to BP? Well, using this same logic, if the general impression across the country is that the seafood in the Gulf of Mexico isn’t safe and nobody wants to buy it, that isn’t BP’s fault either.
The fact that the moratorium happened, and the impression that Gulf seafood is our country’s newest carcinogen is surely not related to any oil spill.
Not at all…
I read report after report from shrimpers talking about the small catch, about the size of the shrimp themselves and how their catch was oftentimes rotting on the dock because people didn’t want to buy it. Some shrimpers were even calling for the season to be cancelled altogether.
Did their revenues increase by 5% from 2010?
Maybe, maybe not.
What about the seafood processors?
What about claimants making interim subsistence claims?
And, what happens in the future, if this oil spill has worked its way into the food supply, if the fish lesions don’t go away, if the oil found in crab larvae doesn’t disappear, if a hurricane stirs this whole mess up all over again?
In any case, the rules on interim claims just got a lot tighter, and much more complicated.
However, if this all concerns you, perhaps you might rest easier knowing that when it comes to this growth rate, Feinberg has estimated that 75% of the businesses and individuals in the Gulf will experience a 5.6% growth rate. Also, he estimates by way of previous disasters that the Gulf will recover 70% the first year and 30% the next. Oh, and when it comes to those unemployed by this spill, he now states that unemployment benefits as a result of the spill will end after 78 weeks, and his analysis shows this will cover 95% of the people without jobs.
For any of you slipping through these cracks? Well, Feinberg and BP have made you whole enough.
But back to the interim claims:
Mississippi Attorney General Jim Hood has alleged that Feinberg, rather than paying interim claims, is attempting to coerce Gulf Coast claimants into accepting final claims which require they sign away their rights to sue British Petroleum for future damages. A month ago, British Petroleum made demands that Feinberg stop paying all future claims because the Gulf Coast has recovered.
As a result of these new modifications to the rules, it would appear that while Feinberg insisted Jim Hood was wrong, he thought his employers, British Petroleum, might just be right.
And anyone slipping through the percentages?
Read the rule changes:
Have a nice day.