i see this as a good thing

[Stab N' Grab]

http://www.bbc.co.uk/news/world-us-canada-11203656

Almost every time our economy in this country has been in a rut, the solution has been to build something big and hire alot of people to do it. It worked back in the 1930's when the Hoover Dam was constructed, employing over 20,00 people (and also resulting in America's sin city, Las Vegas). The war effort in WW2 employed most of the country, turning America into a war factory, working in assembly lines and weapons facilities. Not to say that Obama's new construction plan for the infrastructure is anywhere near the magnitude of the Hoover dam, or the factories of the WW2 era, but its a start. This is one thing that our new president has done that I think will actually help our slowly tilting economy. Now its time to watch fox news and see how hard they try to convince people that this is a bad thing

any thoughts?

[Stab N' Grab]

its true, even BBC does it, how are we supposed to know whats true and what isnt? fucking age of technology...

[Ford 1st MRB]

[Stab N' Grab]

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his standup is what i was thinking the entire time i was reading that article. Lewis Black FTW

[GMoney BAR]

Actually his jobs program again is going to do nothing for the economy. It's just prolonging the inevitable: another collapse. The jobs he's going to do are construction jobs like road construction, tearing up pavement and relaying pavement, or building things that wont help create jobs much. They're all easy jobs to make because you can always build something anywhere and when a politician puts these things in action is makes it seem like the employment sector are doing better than what it actually is. Right now Obama is scrambling because his countless census workers and bailout jobs, construction and infrastructure jobs, are running out and claiming unemployment. This will cause a spike in the unemployment rate for the nation. Keep in mind that elections are coming up in November and both sides will do what it takes to benefit their side. If you want to create jobs in the sector that matters the most, the private sector, then you have to create tax cuts. You also need to create tax cuts for the larger businesses so they don't leave the country like they did after Clinton raised taxes ridiculously high. High taxes drive companies out of the country and then jobs are lost.

Bottom line, cut taxes for the middle class and businesses and it will create jobs. By cutting taxes businesses can grow and hire more people. It's as simple as that but it seems like most people on capital hill don't understand economics 101.