mrstickball said:
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. |
First of all, letting GM (even though American cars suck compared to European and Japanese cars) and other big corporations topple would've been counterproductive, as they all employ a lot of people. And you misunderstand me, I never said that the unemployment is being caused by government not spending money; I only said that something should be done, and if Obama needs money to create more jobs, then so be it.
Your second paragraph... I do not have a perfect understanding of world economy, so I do not know if those suggestions would work. But what makes you think that they haven't been looked over already, and were tossed because they weren't the best option? I'm just curious, but do you suspect that you have corrupt politicians? And about pressuring China, US has no right to police and bully other countries (that's something that Obama seems to understand).
