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Post Subject: Government created jobs Read Article
We need to rebuild our infrastructure and by providing monies to private companies to rebuild roads, bridges, schools, airports, and rail comuter systems we will create jobs.
As jobs are created and people go back to work the deficit is helped by
1. Increase collection of payroll taxes
2. Increase in income tax revenue
3. Less outlay for food stamps
4. Less outlay for unemployment
The economy grows as more people are able to spend again and the housing market benefits as people are once again able to afford their mortgage payments.
The myths of the RIGHT is that lower taxes produce jobs. This hasn't proved to be the case and in fact when under Clinton we raised taxes and balanced the budget the economy grew and many private sector jobs were created. The reason was that business could face the future with certainty.
The deficit fight and the current political atmosphere in Washington is the main contributing factor to the slow growth we are now experiencing. If our legislators would come together, the investments needed will come. If they eliminate tax loop holes and increase revenue they will ease future fears on inflation.
It is time to be honest about what is needed and to stop looking at these problems for just a Rep or Dem point of view
Bill Pelland