I don’t mean to be a downer, but the 163,000 jobs created last month — which includes people working for the Census Bureau — barely covers what is needed to offset the number of new workers entering the work force. That’s just not good enough, given that we’ve lost about half a million jobs a month for the last 15 months.
We need a far more aggressive jobs plan, one that will create 750,000 to 1 million jobs a month for the next year to 18 months.
Anything less will leave too many people out of the economy.
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Guess YOUR guy in the WH can just hire some more people. Print some more money to pay for it. Or, borrow more from the Chinese. Unfortunately, this all will no change until the congress critters and BHO44 stop scaring the employers with their socialism. Hire an employee when you have no idea what the cost will be. Are you nuts? And, the taxes, economy, debt and deficit are all up in the air.Time to cut back, cut out, and let the dust settle.
It's time to return to the top marginal tax rates of the Eisenhower years. It's time to return to strong regulation of the banks and the financial sector, as they were before the Reagan era. Canada has had no bank failures because of their robust regulations, they did not go on a deregulation frenzy as we did. Canada has not been as aversely affected by the world wide recession as we have been. Unregulated predatory crony capitalism is just as much a threat to civilization as is communism. This notion that you can just allow the capitalists to do as they damn well please, to run rampant, is the cause of so much of our grief.
This notion that you can just allow the congress critters and big gooferment bureaucrats to do as they damn well please, to run rampant, is the cause of so much of our grief.(Some times we even agree. I don't like corporate welfare, regulatory capture, or politics over markets.)