The Republicans are still talking about jobs, as if none of this was their fault. They are even claiming that fewer people are working now than when Obama became President, as if they weren't to blame for all of this.
Here is one simple economic fact. The answer to the question, 'what creates jobs'? It's a one word answer and an incredibly simple concept that should be a requirement to graduate fifth grade. Demand. Demand creates jobs. Nobody, no matter how rich, no matter how little they pay in taxes will create a single job without a demand for the goods or service that they sell. 'Demand' of course requires somebody to 'want', and be able to 'pay'.
If you want to create 'demand' out of thin air, the only entity that can do that is government. Government can print money or borrow from people who have it in order to buy goods and services at anytime. The Egyptians had this down, why do you think they built pyramids? The Romans mostly built useful stuff, like roads, viaducts, harbors, and on and on. The United States has done this from the beginning.
The other way to put money into peoples hands is to pass out money to the poor. Ancient kings did this all the time, 'alms for the poor' wasn't just to be nice or please the gods. Increasing payments to the needy and raising the minimum wage to historical levels (about $12-14/hour) would do wonders for the economy.
There is the problem of imports to deal with or the money simply drains away to China. Hamilton had this all figured out in 1790, and it worked fine until 1980. We can learn from history, we aren't Republicans.
Here is one simple economic fact. The answer to the question, 'what creates jobs'? It's a one word answer and an incredibly simple concept that should be a requirement to graduate fifth grade. Demand. Demand creates jobs. Nobody, no matter how rich, no matter how little they pay in taxes will create a single job without a demand for the goods or service that they sell. 'Demand' of course requires somebody to 'want', and be able to 'pay'.
If you want to create 'demand' out of thin air, the only entity that can do that is government. Government can print money or borrow from people who have it in order to buy goods and services at anytime. The Egyptians had this down, why do you think they built pyramids? The Romans mostly built useful stuff, like roads, viaducts, harbors, and on and on. The United States has done this from the beginning.
The other way to put money into peoples hands is to pass out money to the poor. Ancient kings did this all the time, 'alms for the poor' wasn't just to be nice or please the gods. Increasing payments to the needy and raising the minimum wage to historical levels (about $12-14/hour) would do wonders for the economy.
There is the problem of imports to deal with or the money simply drains away to China. Hamilton had this all figured out in 1790, and it worked fine until 1980. We can learn from history, we aren't Republicans.