$50 billion for infrastructure projects is better than nothing, but nothing is what the Administration will get.
I can’t understand why they don’t use the unspent TARP money to fund a jobs program: doesn’t require Congressional approval and shows more seriousness about the economy.
A couple of hundred billion to hire people would be a big plus for the economy (there’s zero demand out there, people!) and very popular with the voters.
Extending stupid, ineffective business tax credits and proposing programs that have zero chance of Congressional passage is a complete waste of time.
Gorilla says:”Better to run on providing jobs than to run on about how much worse off we might have been!”
Tags: unemployment, US Economy