ultima said:
I'm sorry, but you expect Obama to just sit by and watch unemployment rise? Isn't 10% a really high number? You're saying that they shouldn't even try because it might not work? |
You assume that unemployment is being caused by the government not spending money. It is far from that. If the government could create jobs by spending money, then we should have less unemployment than ever, as the government has spent more than ever.
The government, instead, could change regulations, and encourage job growth by reforming various government regulations which stymie growth in various industries. The government could also reform tax laws which make our country unattractive to foreign investors. Finally, Obama could pressure China (who we have a huge trade deficit) into valuating their currency at actual value, which would help bring manufacturung jobs to America.
There are a lot of things that the government can do to help unemployment. Spending money by 'creating' jobs according to political district is hardly a way to spur growth. We had this collapse because of greedy, incompotent businesses controlling too much - rather than let them topple, we have propped them up.
Back from the dead, I'm afraid.
