Finally, the admin has addressed the need for jobvs on Main Street, they have already made Wall Street more profitable and now they want us normal people to go back to work….a helluva idea…..it is about time……he is in a hurry noiw because the Dems are losing support and will most likely lose one House of Congress in the next election…..but what does he propose…..
Obama is proposing initiatives to help small businesses grow and hire new staff, spend money to modernize roads, railways, bridges and tunnels, airports and seaports and a new program to provide rebates for consumers who retrofit their homes to become more energy efficient, such as weatherization measures, a White House official said. The official didn’t release further details.
How does that sound to you lowly workers? Time magazine composed a list for the admin to consider:
Target an Industry and Stimulate Demand
Pay Companies to Hire People
Hire More People to Work for the Government
Boost Access to Credit for Growing Businesses
This is a lame attempt, in my opinion…….pay companies to hire people? What will that accomplish if unemployment is still high there will be NO demand for the product and with an increase in inventories….lay-offs will follow…..I am still working on this one…..what good is a rebate to weatherize one’s home if one has NO job to afford the materials to weatherize?
And then there are the ideas that the Repubs have onb fixing the job market……Cut regulations. Freeze spending. Cut taxes. No new taxes…..gee the same crap that they propose for every situation that needs a fix….don’t you just love the originality?…..
Let’s pause, for a second, to appreciate the brilliant rhetorical framing. A no-cost jobs plan! Without adding a single dime to the deficit, the Republican’s plan will ameliorate the worst unemployment crisis in 30 years. One wonders how a political party capable of such innovative thinking ever lost its hold of power. (thanx to Andrew Leonard for the observation)
And the Repubs just keep saying that the Obama technique has failed and failed miserably….but the CBO does not agree with that assessment……that it had added 1.2-3.2 points of GDP growth that would otherwise have not occurred and added 600,000 to 1.6 million jobs……So without the stimulus, judging from the CBO report, one can assume that the economy would still be contracting, and unemployment would be higher than it is now.
I will agree that it is jobs, stupid…..but things are not looking like these will be a long term sustaining answer to the problem…..neither party is doing what is needed to put Americans back to work….
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