The Need for a FDR Like Government Jobs Program; DINO Obama Deliberately Refuses to "Get It"

Since President Obama was elected more than a year ago, many of us progressives have been beating the drums for an FDR like government jobs program.  It's a no brainer.  With this country's aging infrastructure in such terrible shape, that would be a natural place to begin to put the unemployed to work.

But given the fact that the Obama administration is more like Bush/Hoover than FDR, this has fallen on deliberately dear ears.

Paul Krugman writes about the situation.  "You might think, then, that doing something about the employment situation would be a top policy priority. But now that total financial collapse has been averted, all the urgency seems to have vanished from policy discussion, replaced by a strange passivity. There’s a pervasive sense in Washington that nothing more can or should be done, that we should just wait for the economic recovery to trickle down to workers.


"This is wrong and unacceptable.


"And the damage from sustained high unemployment will last much longer. The long-term unemployed can lose their skills, and even when the economy recovers they tend to have difficulty finding a job, because they’re regarded as poor risks by potential employers. Meanwhile, students who graduate into a poor labor market start their careers at a huge disadvantage — and pay a price in lower earnings for their whole working lives. Failure to act on unemployment isn’t just cruel, it’s short-sighted.


"So it’s time for an emergency jobs program. 


"How is a jobs program different from a second stimulus? It’s a matter of priorities. The 2009 Obama stimulus bill was focused on restoring economic growth. It was, in effect, based on the belief that if you build G.D.P., the jobs will come. That strategy might have worked if the stimulus had been big enough — but it wasn’t. And as a matter of political reality, it’s hard to see how the administration could pass a second stimulus big enough to make up for the original shortfall.


"So our best hope now is for a somewhat cheaper program that generates more jobs for the buck. Such a program should shy away from measures, like general tax cuts, that at best lead only indirectly to job creation, with many possible disconnects along the way. Instead, it should consist of measures that more or less directly save or add jobs. 

"Meanwhile, the federal government could provide jobs by ... providing jobs. 


"....the key point is that direct public employment can create a lot of jobs at relatively low cost. In a proposal to be released today, the Economic Policy Institute, a progressive think tank, argues that spending $40 billion a year for three years on public-service employment would create a million jobs, which sounds about right.

"Finally, we can offer businesses direct incentives for employment. It’s probably too late for a job-conserving program, like the highly successful subsidy Germany offered to employers who maintained their work forces. But employers could be encouraged to add workers as the economy expands. The Economic Policy Institute proposes a tax credit for employers who increase their payrolls, which is certainly worth trying. 

"Later this week, President Obama will hold a “jobs summit.” Most of the people I talk to are cynical about the event, and expect the administration to offer no more than symbolic gestures..."

Count me among the skeptics, given the current DINO administration's GOP like track record to date. 

This DINO president woodenheadedly refuses to "get it," and is no FDR, Tiny Revolution provides timely, comparative proof.

"This is from Franklin D. Roosevelt's 1933 Thanksgiving Proclamation:

'May we ask guidance in more surely learning the ancient truth that greed and selfishness and striving for undue riches can never bring lasting happiness...May we be grateful for the passing of dark days...for the brighter day to which we can win through by seeking the help of God in a more unselfish striving for the common bettering of mankind.'

"Compare to today's warm, mushy gruel:

'I encourage all the people of the United States to come together, whether in our homes, places of worship, community centers, or any place where family, friends and neighbors may gather, with gratitude for all we have received in the past year, to express appreciation to those whose lives enrich our own and to share our bounty with others.' "

 

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