Can infrastructure-led growth save the economy?
Can infrastructure-led growth save the economy?
Can infrastructure-led growth save the economy?
Posted by Chuck Bell at 6:38 AM
Labels: infrastructure, job creation comments (0)
Robert L. Borosage: Reality Check:
Huffington Post
July 28, 2010
"...It is time to reassert that full employment is the primary measure of our economy: 'Continuous and useful employment for those willing and seeking to work.' Mass unemployment is an unacceptable failure. We will not learn to live with it. We will keep pushing until we eliminate it. Government will strive to create the conditions for the private market to create the jobs we need. But it will act as an employer of last resort for those unable to find work over a long period of time."
Posted by Chuck Bell at 5:25 AM
What’s Green, White and Blue? American Jobs - The Hill's Congress Blog:
By Leo W. Gerard, president of the United Steelworkers International
Posted by Chuck Bell at 1:28 AM
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The Associated Press: House moves to help teachers, public workers: ...Democrats say [the bill] could save the jobs of more than 300,000 teachers, police officers and other public health workers. Republicans see it as more profligate government spending and a pre-election gift to teachers' unions and other public service unions that are crucial to helping keep Democrats in the majority. The legislation provides $10 billion to school districts to rehire laid-off teachers or ensure that more teachers won't be let go before the new school year begins. The money could keep more than 160,000 teachers, including 16,000 in California and 14,000 in Texas, on the job, advocates say. The other half of the bill has $16 billion for six more months of increased Medicaid payments to the states. That would free up money for states to meet other budget priorities, including keeping more than 150,000 police officers and other public workers on the payroll. Some three-fifths of states have already factored in the federal money in drawing up their budgets for the current fiscal year. The National Governors Association, in a letter to congressional leaders, said the states' estimated budget shortfall for the 2010-12 period is $116 billion, and the extended Medicaid payments are "the best way to help states bridge the gap between their worst fiscal year and the beginning of recovery." But House Republican leader John Boehner contended, "The American people don't want more Washington 'stimulus' spending — especially in the form of a payoff to union bosses and liberal special interests." Pelosi responded, "Why wouldn't House Republicans want to keep 310,000 teachers, first responders and private-sector workers on the job instead of on the unemployment lines?" Read rest of article
Posted by Chuck Bell at 4:59 AM
Labels: education, job creation and retention comments (0)
Posted by Chuck Bell at 5:20 AM
Economic View - Like New Deal, Stimulus Should Create Jobs Directly - NYTimes.com:
Posted by Chuck Bell at 4:44 AM
Labels: economic stimulus, full employment comments (0)