Saturday, August 13, 2011
Friday, August 12, 2011
The Stimulus Bill Was Messed Up
Image via Wikipedia- It was too small. It should have been at least a trillion. (Stimulus: Make It A Trillion, Stimulus: Size Matters)
- One third of the stimulus going to tax cuts was a huge mistake. That was like appeasing the Republicans, not one of who voted for the bill anyways. When the world appeased Hitler, World War II happened. When Obama appeased the Republicans, the Tea Party happened, and he lost the House.
- That one third should have been spent on jobs programs where you train people for a week and you send them out to work for $10 per hour, $20 per hour. (Three Million Jobs)
- The number one goal of the stimulus bill should have been to take every American to one gigabit per second kind of internet access. But most of the focus stayed on physical construction. That was the equivalent of FDR putting all his stimulus money into farm jobs. No, he focused on industries, and the jobs of tomorrow.
- There was not enough global focus. There were too many Great Depression lessons that were applied to the Great Recession. The number one aspect of this Great Recession is its global component. A new global financial architecture has to be built. That is policy level work.
Thursday, August 11, 2011
Three Million Jobs
Image via WikipediaSend one million mentors into all the low performing schools across the country. Pay them. Send one million people to white wash roofs across America. Pay them.
Get a million people to do the netroots thing on behalf of democracy movements across the globe. Pay them. Send 50,000 netroots activists to go out into the world to help those democracy movements from nearby countries.
My point being what America needs is a massive jobs program. And I say start with people who you can pay $10 per hour, $20 per hour.
These are people you should be able to put to work with a week or two of training.
Global New Deal Needed
London Has Become Cairo
A Second Stimulus Bill Needed
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