Obama Jobs Bill Too little too late
September 12, 2011
– Comments (11)
Obama had his chance. He had it in 2010 when we had control over both houses. He should have concentrated on jobs creation THEN. Instead he waits until near the end of his THIRD year to concentrate on jobs creation? I swear I do not want to hear him do his gospel preaching routine on "pass this bill now" any more. I lost count during his just recent Rose Garden campaign speech.
While considering tax deductions for small businesses is worth considering, it still won't create DEMAND which is what companies really need. Throwing billions this year to local governments to rehire teachers might work for THIS year, but then what about the following years when these localities will only have to let them go again.
His window of opportunity for "infrastructure" jobs has passed. If he took the gutsy road in 2010 and submitted a 2 trillion dollar stimulus act where at least $1 trillion was earmarked for legitimate infrastruture rebuilding (which this country really does need) those jobs would be coming on line just about now. Instead he wasted one year on a healthcare bill that most people really don't want, and then a second year on shutting down jobs in the gulf and tying banks hands with onerous regulation.
And as an aside rant since I don't want to be like Alstry and do multiple blogs, just let Greece default already and boot them out of the Eurozone. I am tired about reading how this puny corrupt country is the cause for the world's economic woes. When they realize that they are on their own they might start getting their house in order instead of its people expecting to be able to retire at 50 with full salary and medical benefits without the need to pay taxes.
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