Wednesday, February 6, 2013

Bring on the Jobs and Demand Side of Economy...as Best Remedy for Deficit

While Congress is generally spinning its wheels and talking about everything except reality, just for fun, let's look at something that would actually strengthen America and its workers.  Talking 'bout investing in education and solar energy development---no, wait.  That sounds too lofty.  How about a plan already in place in the U.S. House to goose job growth as a way to bolster the economy and increase revenues (decrease deficit)?

From my larger-picture view, we are a declining power, and education is being busted up and privatized---we must assure everyone a good, free education to compete globally.  When Microsoft imports 4,700 workers from foreign countries (as it did in 2011) because it says there are not enough qualified U.S. workers (Link to story: http://seattletimes.com/html/localnews/2019758596_microsoftvisa25m.html), it's a wake-up call for the future of U.S. innovation and technological leadership. 

When we have an immense defense department budget because we have about 1,000 foreign military bases in order to protect the oil for Exxon-Mobil and BP, acting as their U.S. taxpayer-funded security guard service, it's time to drop oil subsidies and incentivize solar energy innovation.  We would be able to draw down military involvement abroad and grow sustainable energy if we took that approach---one that happily scores on several levels with job growth, a cleaner planet, less military and a safer planet as we would be pissing off fewer people by closing some U.S. bases in oil lands.

Meanwhile, this "Memo to Congress" in Washington Post lays out some good sense that we have in the pipeline of Congress now:  http://www.washingtonpost.com/blogs/plum-line/wp/2013/02/05/memo-to-congress-to-bring-down-the-deficit-focus-on-jobs/?utm_source=Daily+Digest&utm_campaign=71043cfe5a-DD_2_6_132_6_2013&utm_medium=email

Of course, those in Congress who want to cut spending for everyone except their corporate constituents and who bemoan the deficit as our greatest problem---when it may or may not actually crack the top 10---never complained about the deficit during the Bush presidency, when they ran up the deficit by voting, as did Marsha Blackburn, for instance, for two unfunded wars, unfunded Medicare Part D, unfunded No Child Left Behind, and unfunded tax cuts for the wealthy. 

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