If our politicians could do something, I think that someone by now would of come up with programs of "demand". The best they have come up with is to repair roads and bridges, keeping the health insurance and health practicianers employed, and insulating/installing solars,
We are in a new era. The developed nations have a mature economy. We could continue to modernize the infracture but the number of jobs will be limited and the effects will slow the slide.
We spent a trillion dollars in 2009 and what did it fix? Very little. Another trillion won't do much either other than making sure our children have rotten lives paying off our debts. If you want more jobs, you have to reduce the cost of labor. That means not forcing employers to pay for employees' health insurance. Forcing an employer to pay for health insurance can raise the cost of a $20,000 per year job to $25,000. That means someone is fired or someone is not hired.
The private sector is telling us that, no matter how much money it has, it has no intention of creating jobs. It is happy with a reduced payroll and the uptick in the stock market every time it figures out a way to lay off more people. People are overhead - nothing more. If the private sector won't do it, then who is left - the government. Consumer spending and demand is the only thing that will force companies to hire - to keep up with demand. What is needed to increase consumer spending - maybe a trillion dollar jobs bill.
In case you haven't seen this: http://www.realclearpolitics.com/video/2011/09/04/rep_maxine_waters_calls_for_a_trillion_dollar_jobs_program.html"I’m talking about a jobs program of a trillion dollars or more. We’ve got to put Americans to work. That’s the only way to revitalize this economy. When people work they earn money, they spend that money, and that’s what gets the economy up and going," Rep. Maxine Waters (D-CA) told NBC's "Meet the Press."
Please tell me how we will pay a trillion dollars? Does she know of a money tree anywhere? OH, let me take a guess...cut the DOD budget and all of those expensive hardware things like jets, tanks and ships. Did she not realize that those expensive things actually employ people to build them? I guess her district doesn't have Lockheed, Raytheon, Grumman, GE, etc so they should be cut.
Cut personnel that are military instead of programs, let's see how she feels when these military members come flooding back to live in her district and have no jobs, which will create a burden on the infrastructure of her district for schools, and financial assistance like Housing section 8.
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Raising a teenager is like nailing Jello to a tree
It's not a color thing. It's not even a Dem or Rep thing.
The fault lies with liberalism, plain and simple, and its corollary in economics, Keynesism; it's the mentality that it's the rightful role of government to "fix" through redistribution, bailouts or otherwise, anything and everything that has, or possibly could, go wrong.
All with the best of intentions, of course.
-- Edited by winchester on Sunday 4th of September 2011 02:09:03 PM
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It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so.” – Mark Twain
And it took a white, conservative, southern, Reborn Christian President to bailout the banks and financial institutions using money that it didn't have.
Perhaps we should have a yellow or brown President?
It took a black president to give us the highest unemployment among black males. The best GOP job creation solution would be to make sure Obama loses his job.
