Obama’s Jobs Speech: Prepare to Be Underwhelmed

obama-fireworks-wide

Joseph Palermo: President Obama’s much anticipated speech outlining his jobs agenda for the 2012 election year will sound a lot like a tiny mouse trying to make a loud roar. Instead of clarity, we’ll get hedging; instead of “bold,” we’ll get wishy-washy.

Repatriate Prosperity

tax-cuts-wide

Brent Budowsky: Let’s add a “repatriate prosperity” provision that would require participating global companies to increase the size of their American workforce by a designated amount, within a designated window, such as six months, in order to receive the tax holiday.

We’re Even Deeper in the Hole

Works Projects Administration

Robert Reich: An extraordinary number of Americans are still hurting. It’s more important than ever for the US government to step in with a larger stimulus that puts more people to work and tax cuts for people who will spend them

Alan Greenspan, Robert Rubin, and Herbert Hoover

herbert hoover

Robert Reich: Both Greenspan and Rubin are deficit hawks. So was Herbert Hoover and so was Hoover’s Treasury Secretary Andrew Mellon. And look what Hoover and Mellon got us into. When we least need him, Hoover is being exhumed.

We’re in a One-and-a-Half Dip Recession

better jobs

Robert Reich: The President should stop talking and acting on anything else – not the deficit, not energy, not the environment, not immigration, not implementing the health care law, not education. He should make the whole upcoming mid-term election a national referendum on putting Americans back to work, and his jobs bill. Are you for it or against it?

Specifically, What Should Be Done for Jobs?

Alan Greenspan cartoon

It would be hard to get a new stimulus package through Congress, but no member who’s up for reelection next year when unemployment is likely to be in double digits wants to be accused by rivals of voting against steps to help small businesses, public schools, childrens’ health, and average working people who need a tax cut.

Related Posts Plugin for WordPress, Blogger...