Jobs. The IMF is warning governments that there will be no recovery until jobs restart. The IMF is urging governments to start factoring back-to-work policies into their overall equation for stoking growth. The IMF is warning governments that unemployment is fanning unrest.
• Countries that have so far avoided the harsh judgment of financial markets could afford a small increase in debt to ward off persistent joblessness…
• Such a move could pay for itself in the form of increased economic activity…
• Rising long-term unemployment is a crisis…
• the United States, too, should consider subsidies to help the long-term unemployed…
• Countries that need to rebuild credibility should first reallocate spending to get the long-term unemployed and young people back into the labor market.
Countries need to rebuild credibility? There’s a thump on the head to deliver to Congress!
Republicans holler that taxes and regulations bridle business. Oh do they holler. But is that true?
If it is true that lower taxes = lower unemployment, why do facts show otherwise? Nearly all apolitical economists see this clearly.
Congressional tweaking has been sorry leadership for decades. Lazy and brain dead tax cuts do not lead to more hiring.
Stumping Busting: revealing the lies of politicians. Not good television but gee whiz we are mired in baloney.
Comment snippet: “The fear of social unrest is the only thing that might work. There sure is no response to the pain and suffering of others.”