My point is that without jobs there is no revenue, therefore, this statement of yours is off the mark .. OR simply shortsighted...
it isn't a jobs bill, it's an increase debt and spend bill, there's a difference. When the spending ends, so do the jobs.
At one time in this country we had a 25% unemployment rate .. what worked was NOT a reduction in government spending BUT an increase in spending ... we had direct government action in creating the WPA and the CCC... then later in the forties we even had for God's Sake - more spending on a buildup of the military....
All this resulted in about a 48% increase in the GDP AND it was due to the direct result of government spending ... needless to say the unemployment rate dropped. ..Stimulus now, Austerity after recovery...and of course back to strict regulation ....
to me so far, It's looks like Obama admn. can give itself a D... IF IT is different this time ... then we don't know the outcome, of course... I just do not see how high unemployment ..reductions in government spending ..NO tax increases - will give us anything resembling a strong recovery ...I sure hope they get off the slow boat to China on some of these things .. ......
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