Friday, October 28, 2011

The Right way to create jobs

Job creation is a main talking point for politicians today. Republican's such as Mitt Romney suggest that President Obama's economic policies have hurt the economy. What I find interesting about this is how many of "Obama's" policies are just what Republicans including those running for the Republican nomination have proposed.

Cut taxes to historic lows - Check.
Get money into the hands of "job creators" (aka the rich) - Done.
Cut "job killing" Regulations - Nailed it.
Increase domestic oil production - Mission Accomplished
Cut government spending - Bull's-eye.
Provide an environment for companies to make money - Complete.

The results from the implementation of these ideas enacted under President Obama? Unemployment February 2009 - 8.2%. Unemployment August 2011 - 9.1%. So Obama's economic policies have been a failure for job creation. They also happen to be the same policies that Republican candidates for President and Republican legislators suggest are the solution to our problems. If only we had got the Democrat we had voted for.

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