A Real Jobs Bill. (salaries, healthcare, statistics, highway)
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
My comment has nothing to do with the New Deal as a whole, it has to do with how funds used to create jobs were directly applied.
Trickle down economics NEVER work. The money always stops in the hands of the wealthy.
and the liberals idea of trickle up ecomony doesnt work either....we need a new idea.....we need to go back to what our founding fathers imagined............. this social-democracy experimate is failing....we need to go back
and the liberals idea of trickle up ecomony doesnt work either....we need a new idea.....we need to go back to what our founding fathers imagined............. this social-democracy experimate is failing....we need to go back
None of them particularly Jefferson would have wanted a financial oligarchy calling the shots such as we have today.
"The opportunities for American manufacturers and workers are great, but the challenges are significant. If not addressed properly, the U.S. will replace dependence on foreign oil with dependence on imported renewable goods from China and other competitors, and that's a losing proposition."
"According to a recent speech by Jeff Immelt, the CEO of General Electric, the U.S. took a macroeconomic misstep when it concluded 25 or 30 years ago "that we could move from being a technology and manufacturing-based economy to a service-based economy with a $1 trillion annual trade deficit" with no fundamental adverse result. Later, when he was asked why it was so important to keep manufacturing in the United States, he responded "American companies have to remember that we also have a responsibility to create jobs in our own country."
Well, it's pretty apparent that neither Larry Summers nor Christina Romer ever read Jeff Immelt's speech, since it's obvious to anyone whose head isn't in the sand that the four or five massive unemployment issues now plaguing the United States are mostly 'structural' and only modestly 'cyclical':"
This old school cat has some good ideas but for some reason, they don't get too much play in mainstream media.
"The recession began in December 2007. Now, after trillions of dollars of stimulation in the past two and a half years, the private sector is only creating 41,000 jobs a month. Something else is wrong. And what's wrong with the economy is that Corporate America off-shores its jobs as fast as it can. Three years ago, Princeton economist Alan Blinder, estimated that over ten years we would be losing on an average of three to four million jobs a year to off-shoring. But Blinder is the only economist who mentions the problem of losing our economy. Paul Krugman and the rest of the economists keep calling for stimulation. And stimulation is spent. President George W. Bush and the Federal Reserve stimulated the economy $7.5 trillion in eight years. Household debt increased $7 trillion during the same eight years so that by the time President Obama stimulated the economy had been stimulated $14.5 trillion and we were losing 779,000 jobs a month. President Obama stimulated the economy last year $1 trillion, $885 billion, and, with four months left in this fiscal year, we have already borrowed and stimulated the economy $1 trillion, $148 billion (6/4/10).
We keep bailing the economy boat with stimulation and fail to plug the off-shore hole in the bottom. Plugging the off-shore hole is kept "top secret." Wall Street, Goldman Sachs and the financial houses, the big banks, and now Corporate America, oppose plugging this off-shore hole because that would stop the guaranteed and lucrative profits in China. If the President and Congress changed our tax laws and enforced our trade laws to make it profitable to produce in the United States, the incentive to off-shore would be destroyed.
If the President moves to create jobs by changing our tax laws or enforcing our trade laws, coming down on his head in opposition will be Wall Street, Corporate America and its entities, the Business Roundtable and the United States Chamber of Commerce, crying: "Free trade," "protectionism," "don't start a trade war." Wall Street and Corporate America want to keep profits in China flowing; keep the stock market up.
Now a real jobs bill will invest in innovative technologies that the nation will need for the 21st century and not just how long people can stay unemployed.
Time to kick talking points and those that defend them to the death to the curb.
"We are a Democrat and Republican. One of us campaigned for Barack Obama in 2008, the other as a delegate for John McCain. One of us worked on energy and climate policy for the progressive Breakthrough Institute, while the other worked on similar issues for the conservative American Enterprise Institute. We disagree on a wide range of issues, and we hold different economic philosophies. Despite our differences, we are strongly united behind a serious federal agenda for clean energy innovation. Regardless of the future of cap and trade, robust federal investment in clean energy technology can effectively tackle both energy and climate policy reform. In addition to reducing our oil addiction, it can help build new export-oriented and manufacturing-intensive industries, seize global market share, drive down the price of clean energy technologies, and accelerate the transition to a cleaner, low-carbon economy.
More recently, it was Newt Gingrich who in 2008 called for the National Science Foundation's budget to triple from $6 to $18 billion to foster green technologies. Last year, Senator Lamar Alexander (R-TN) introduced the Clean Energy Act of 2009, which would invest $750 million annually for ten years in clean energy RD&D and provide $100 billion in clean energy loan guarantees."
This old school cat has some good ideas but for some reason, they don't get too much play in mainstream media.
"The recession began in December 2007. Now, after trillions of dollars of stimulation in the past two and a half years, the private sector is only creating 41,000 jobs a month. Something else is wrong. And what's wrong with the economy is that Corporate America off-shores its jobs as fast as it can. Three years ago, Princeton economist Alan Blinder, estimated that over ten years we would be losing on an average of three to four million jobs a year to off-shoring. But Blinder is the only economist who mentions the problem of losing our economy. Paul Krugman and the rest of the economists keep calling for stimulation. And stimulation is spent. President George W. Bush and the Federal Reserve stimulated the economy $7.5 trillion in eight years. Household debt increased $7 trillion during the same eight years so that by the time President Obama stimulated the economy had been stimulated $14.5 trillion and we were losing 779,000 jobs a month. President Obama stimulated the economy last year $1 trillion, $885 billion, and, with four months left in this fiscal year, we have already borrowed and stimulated the economy $1 trillion, $148 billion (6/4/10).
We keep bailing the economy boat with stimulation and fail to plug the off-shore hole in the bottom. Plugging the off-shore hole is kept "top secret." Wall Street, Goldman Sachs and the financial houses, the big banks, and now Corporate America, oppose plugging this off-shore hole because that would stop the guaranteed and lucrative profits in China. If the President and Congress changed our tax laws and enforced our trade laws to make it profitable to produce in the United States, the incentive to off-shore would be destroyed.
If the President moves to create jobs by changing our tax laws or enforcing our trade laws, coming down on his head in opposition will be Wall Street, Corporate America and its entities, the Business Roundtable and the United States Chamber of Commerce, crying: "Free trade," "protectionism," "don't start a trade war." Wall Street and Corporate America want to keep profits in China flowing; keep the stock market up.
But President Obama is our only hope."
And that is why we need to take corporate money out of politics! These big conglomerates have consolidated our society with no remorse. It needs to stop! People in this country are fed up, we now have just as many independents as we do dems/repugs. People are too busy fighting partisan issues and it is bottle necking progress.
From what I can see not one person has mentioned anything about immigration. Granted these jobs are not going to buy any fancy homes, but people need options.
We need a WPA policy (New Deal) to help clean and rebuild the parks,ghetto's and inner city areas. States that have water problems need help.
Tax breaks for small business' that manufacture domestically, go green, and export.
Make the research and experimentation tax credit permanent.
Make college loans more affordable.
Tax the e-commerce sector and force people to buy retail.
Found this interesting....
The remarkable resilience of the German economy is directly attributable to shrewd policies that have better stimulated its economy. The most important of these is known as kurzarbeit, which encourages firms that face a temporary decrease in demand for their products or services to avoid laying off employees by trimming the hours of all employees. Under such so-called "work share" programs, employers spread the burden, and the government then makes up some, or all, of the workers' lost wages. This encourages firms to use reductions of hours instead of layoffs.
NorCal, I believe part of the reason for Germany's trade and manufacturing success is they have labor representation at the high levels of their private sector businesses.
We barely have over 7% labor representation in the private sector and it has been steadily dwindling for the past half century or so.
One good thing is the number of independents seem to be growing, so talking points that the DNC & RNC marketing/PR heads come up with are not going to be quite so effective as people are becoming more critical and disgusted with the multinational trickin' political establishment.
By the way, I'd rather keep the internet as net neutral and as tax free as possible. Heck, I was peee-isssed that online gambling was made illegal.
The net is one media platform that we have to keep accessible and open.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
