As if on queue - Eric Cantor please.

In my country...

  When is a jobs plan, not a jobs plan?  Just listen to the House Majority Leader, Eric Cantor.   Calling his proposed bill a jobs bill is like calling vanillia ice cream chocolate.  Just becasue you put that name on it doesn't mean that's what it is.

  As I had stated in my immediate previous post, the answer to jobs is not more tax and regulation cuts.  If this was the answer then why didn't it work between 2000 and 2008.  Over that eight year period, we had large tax cuts and industry people in charge of federal government departments that suggested and wrote regulations.  If tax and regulation cuts are the answer why didn't they work in the Bush years?

And now jobs.

America businesses need to create more jobs.  That is plain and simple.  In the always present equation of supply and demand, we have tried to do things on the supply side of the equation.  We have tried tax cuts and deregulation to stimulate business hiring.  We have allowed accelerated depreciation tax rules to get businesses to buy more things now in hopes of stimulating more demand next.  The chosen direction of our governament, Congress and the Executive alike, is to focus on the supply side and also on deficit reduction.  These have not worked to create more jobs.  Who else remembers back to the summer of 2010 and the lead up to the November elections?  The mantra of the challengers was jobs, jobs, jobs.   No actions have been initiated by any elected politician to actually do something to create the environment for new jobs to be created.  Instead, the actions have simply lowered the tax revenue our government can then use to institute policies that could have an effect on demand, or at the very least provide needed services until demand comes back on its own.  It is time the governament really does something to stimulate demand by focusing on where demand actually come from - the people.  When people are in a position to buy goods and services, the companies that create them will hire people to build and provide them.  It is time to focus on the demand side of the equation instaed of the supply side. 

Call you elected representative today and tell them you want real action to create jobs, not more of the failed policy of tax cuts and deregulation. 

Holy crap! Has it really come to this?

As our country struggles to fully come out of the biggest recession since the Great Depression, companies and the stock market are doing pretty well, but for middle class Americans, the deep loss in jobs has not recovered yet.  When I read this article in the NYT today, I just had to shake me head.  Why would anyone think this was a smart move for a business, or our country?  Why would any sane person accept this kind of treatment of our fellow citizens?