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Originally Posted by dogzilla
So exactly what program was the Obama administration willing to cut in order to fund this program? Exactly how many of these 320,000 jobs were nothing more than busy work jobs or no-show that the government is fond of creating to give politician's buddies some spending money.
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busy work jobs?
Investing in rebuilding the infrastructure that is long overdue is busy work?
Investing in a national broadband network or clean energy technologies...areas that the US is whoafully behind Europe, China, India.....is busy work.
The 1/3 of the stimulus program that provided TEMPORARY assistance for those 8+ million who lost their jobs in the previous eight years..and puts money back into the economy faster than any other stimulus...is busy work?
How to pay for it...Ending the TEMPORARY Bush 01 annd 03 tax cuts on the top bracket would more than pay for it.
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And yeah, I could have done without the nanny state rules where the government encouraged banks (thanks to Barney Frank and others) banks to grant loans to people who had no business obtaining credit long before 2008.
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Barney Frank was in the minority party between 1994 and 2006 and had little or no power in the Republican controlled House....and was one of the few who voted against the the financial reform act that led to the abuses.
The libertarian notion of "letting the economy sort itself out" is a recipe for both short and long term economic stagnation or worse. It has never worked and certainly wont in a global economy.