This is so stupid it hurts. We need a programme of work and it took us a year ago. We will never go down deficits as long as unemployment remains high.
What the article fails to mention is the change under Reagan. If you have exhausted the benefits You then you are no longer counted as unemployed and the unemployment rate is much higher than officially claimed.
This is a waste of economic capacity, wasting money and most of all a waste of human resources. The longer someone less unemployment they are productive when they return to work, it is a fact. It is also the fact that if we have a programme of work, the people in it are going to spend the money they created more demand in the economy and thus more private sector jobs.
Republicans know this but they have intentionally hurt the economy in the hopes that they will regain power. Because the ' baggers seized power at home running on the job, they have yet to introduce a bill that will create jobs but they have killed hundreds of thousands of jobs by not extending assistance to the States for teachers, police officers and fire fighters employed. When you're sick of education then you eat the seed corn. This set the stage for a future in which we are less competitive. Republicans are more interested in power and protect the rich at all costs the average American needs. Outrageous but they no shame …
This is part of an interview between Obama and Steve Jobs in 2010. That pretty much explains why the country is SINKING.