The American Jobs Act

What do you guys think about the proposed Jobs act? I think it's a step in the right direction.

You can read about the plan here: http://www.americanjobsact.com/

A summary if you're too lazy to open the link:
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BY fucking christ they were going to lay off 280,000 teachers!? Their education system is screwed as it is!

I'm not sure about most of this, the small business one is interesting though. I'm not sure how much money the US get's from small business in compared to the rest but this should help a bit I think.

Gotta be careful though, that debt ceiling is still existent, even if a little higher.

Any of this stuff remind people of the new deal?

Exactly. I don't understand the logic: less teachers=good for economy?

That's the comparison a lot of people have been making, and it makes me feel warm and fuzzy inside.

I hope to God its similar to the New Deal.

I just thought of something. This will probably turn out similar to the proposed healthcare bill. Conservatives will crawl out of the woodworks and cry and scream about "teh ebil fascist-socialist-islamist-communist government," until it gets repealed or watered down into non-effectiveness.

Could you point to me where that is. I am to lazy to read all of it. (Though I probably will later)

How, exactly, do they plan to pay for this without deficit spending?

Where what is? Teachers thing is on the front page under number 2 I believe, 1 is small business cuts.



But anyway I think the most interesting thing is the planned investment in infrastructure.

Thank you.

I haven't looked through the whole thing but i did watch the speech and Obama said it will all be paid for and will not add to the deficit so if that allows you to sleep at night.

Oh yes because Obama has never lied to the American public before AND his economics are impeccable! Truly I'm just insane.

seems legit. Hope it improves the global economy so us Canadians can start working again!

Fuck being unemployed. Its been a bitch to me for far to long!

Where exactly in Canada do you live? I haven't a single friend who is unemployed. Not a single one.

Lmao i never said he didn't im just pointing out what was said in the speech. number 5 on the website is this.

"5. FULLY PAID FOR AS PART OF THE PRESIDENT’S LONG-TERM DEFICIT REDUCTION PLAN

The President will release a detailed deficit reduction plan in the coming days that will pay for every penny of the American Jobs Act and include additional deficit reduction sufficient to stabilize our debt as a share of our economy. He will also call on the Joint Committee come up with the additional deficit reduction necessary to pay for the American Jobs Act and still meet their deficit target."

I guess in the coming days we will get to see how it will work. And i don't ever think i called you insane so ill let you mull that one over yourself.

Someone said about the teachers.
The government's logic on this is that 280,000 teachers they lay off is 280,000 teachers they don't have to pay anymore

Tax cuts for businesses are good and all, but I really don't see how that encourages them to hire more people. A business hires the right number of employees to meet demand. Having extra cash does not cause a business to hire, but a business that has a demand for what it does will find the money to hire. Businesses want customers, not tax cuts.

You know how much relief doing wealth redistribution would do?















hint: Its alot.

From my cold, dead hands.

Dont worry, your not that wealthy I dont think, so sure, we will put the money we would give you in your cold dead hands.