The White House rightly makes the point that without stimulus, the unemployment situation would be ever more dire…
But the stimulus was woefully inadequate (should have been at least 3 times larger), and only about $300 billion/year when the bullshit was stripped out.
And there’s been nothing at all done to address the fact that the employment situation is terrible and will remain so for years to come.
The number of people currently looking for work is 14-17 million; currently there are a little over 3 million jobs available.
The time to propose a serious jobs program is now.
9.5% unemployment should be totally unacceptable in America, but our leaders seem incapable of addressing the issue.
Gorilla says: “Don’t pat yourself on the back, start hiring!”
Tags: unemployment