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Ideas for creating jobs that don’t require obstructionist GOP

Post on November 9, 2011 by 7 Comments »

Dean Baker has an interesting post today that lists four ideas that the President ought to consider for creating jobs right away:

1. Establish a federal work sharing program;

2. Give homeowners foreclosed by Fannie Mae and Freddie Mac a right to rent back their homes;

3. Push the Fed more aggressively; and

4. Lower the value of the dollar.

All could be done while bypassing the do-nothing/deadlocked Congress. Read the entire post by clicking here.

 

 

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Comments (Closed):7

  1. Jimmy
    November 10, 2011 at 7:06 am

    Obama cuts back on Promotional Coffee Mugs !
    ________________________________________

    We’re going into debt at a rate of $ 5 Billion dollars a day, and he’s cutting back on government coffee mugs. If it wasn’t so sad, this would be a very funny article. I don’t know why we would expect him to make any rational economic decisions.Directors at Fannie/Freddie are paying themselves a yearly bonus of $6 million even though they are losing $10 Billion a year of taxpayer money, and he’s worried about coffee mugs. We’re going down the tubes folks !

  2. jlp75
    November 10, 2011 at 7:16 am

    And what are you doing to help besides complain Jimmy?

  3. frances
    November 10, 2011 at 8:01 am

    At some point, everyone in leadership must come to the table. Progresses Pulse/Rob/Chris only wants to sit down with educated, slightly wealthy Democrats with proper manners and a golden egg education.

  4. Jimmy
    November 10, 2011 at 8:18 am

    At least I see the problem jlp75, which is way way beyond a large percentage of our uninformed electorate. As we dumb down our schools and people read less every year, they don’t care what is best for the country, but simply want to play the system to get as much free stuff as they can. Well, the gravy train is coming to a grinding halt, and it won’t be a pretty picture.

  5. david esmay
    November 10, 2011 at 9:02 am

    You’re exactly right Jimmy, McConnell and Cantor are willing to burn the country to the ground, rather than compromise. Like Lincoln Chafee, Rhode Island’s GOP governor and former senator said,”The republicans went on a tax cutting and spending rampage, debt financed two wars, an unpaid for presciption drug program, and tanked the economy.” Even Bruce Bartlett, the architect of Reagan’s 81 tax cuts said the GOP’s position that tax cuts create jobs is pure bs, they got their cuts, where’s the f’n jobs? All the repub talk about defending small businesses and family farms is bs. Everything they put forth,i.e. their recent super committee proposal, is aimed at expanding the tax privileges of the wealthiest individuals and corporations, the rest of us can go to hell.

  6. david esmay
    November 10, 2011 at 9:12 am

    @Frances, what the hell is it with you and education? I’m from as far out in the sticks as you can get, not even 10,000 people in the whole county. You know what we did for fun? Read F’n books. I realize your using a psuedonym, and your probably one of Pope’s trolls, but good god, can’t you at least try to make a valid statement once in a while instead of this woe is me, I’m poor, I gots no education bs. If that is truly the case, why do you support measures and an ideology that is against your own best interests?

  7. Eunice
    November 10, 2011 at 2:17 pm

    Esmay seems to be obsessed with the Reagan and Bush years, but unable to address the misery this current administration is putting us all through. He should have been around during the Jimmy Carter years if he really wanted to see a bad economy with 15% mortgages and gas lines half a mile long. Reagan , with his tax cuts, finally got us out of that mess. Bush inherited a bad recession in 2001, and with tax cuts, got us going again in spite of the effects of 9-11. Bad monetary policy from the Fed , cheap credit, and poor oversight of the housing industry along with a lot of greed got us into the financial mess of 2008. It was not Bush’s economic policies that caused the collapse, and he actually gave us eight good years. If you look at the last 3 years, and where we are heading now , esmay doesn’t have a leg to stand on.He is simply pis…ng in the wind.