trickle down economics

Obama Is Right: The Issue With the Economy Is Jobs, Not Corporate Profits

Imara Jones

President Obama's jobs plan centers on: 1) putting millions of people directly back to work to rebuild America’s tattered infrastructure and 2) providing money to states to rehire over 450,000 teachers.  If the Republicans had enacted the president’s employment legislation when he proposed it in 2011, rather than declaring it dead-on-arrival, the economy could have churned out 227,000 jobs last month rather than the anemic 69,000. This is the point that Obama was making when he tripped over himself on June 8: Americans need quick action on jobs.

Subscribe to RSS - trickle down economics