What obozo should have done with the 800 billion he dropped on stimulus was give private sector employers a full subsidy/taxbreak to any business who hired on a new employee up to 50k, for the entire employees wage, that would have created 16million jobs, but we will cut it in half cause there would have been government shit heads involved. That means you could create 8 million jobs in the private sector and pay 8 million bureaucrats 50k a year to monitor the situation. What business would not hire on a new employee for free? All you liberals talk about increasing demand by giving it to the consumer, what better way then this? Obviously there is still holes in the idea and most of the money would have had to go to bigger businesses but it was such an easy out if your going to spend the money anyways. Instead he chose to give out foodstamps, welfare, and entilements to people who dont work, a liberal principle which has never worked.
We dropped 800 billion at a cost of 600k per job to teach people in africa to wash there penis for a million dollars, Obama made a very specific move to keep the money and job creation in the hands of the government and now he is stuck wondering why it never worked.
I thought of that idea off the top of my head, when the stimulus was going on, and a crew full of big government liberals couldnt put 2 and 2 together, it isnt that they dont want to create jobs it is that their entire thinking is flawed, and they only want to create government jobs, which has been proven wasteful time and time again. These politicians have no interest in stimulating the economy, they are only interested in stimulating their vote count. All the stimulus money did was fund the special interests who helped them get elected.
The left wing philosophy has been to get the money into peoples hands thus creating demand for product, (keynesian economics) in order to get the economy rolling. Except that they got the money into the hands of the consumer in the least efficient way possible, at a cost of 600k a pop. With my idea we fund them at a cost of 50k a pop provided every person hired on gets paid the max amount of the subsidy.
Through the stimulus we get to keep funding these government employees long after the money runs out, with my idea we fund private sector employees at a cost of 50k a pop, in a 1 time transaction, and afterwords the people become taxpayers and are actually beneficial to the system. Certain rules would obviously have to be put in place, like keeping an employee on for 2 years to get 1 year for free, or monitoring businesses so they werent firing one employee to hire another. Maybe make it for net job creation. This would have increased productivity in the private sector, at the same time it stimulated demand, and it eventually would lead to drawing down the deficit as opposed to adding to it.
Current unemployment is about 9.6% leaving 15 million unemployed, my plan would create 8 million jobs cutting the unemployment in half. Using conservative estimates, where it would have cost 2 dollars for every 1 spent, you could have had 1 bureaucrat making 50k a year per new job which came in.
Is there a liberal in the world who can argue that we would have been worse off with this idea?
We dropped 800 billion at a cost of 600k per job to teach people in africa to wash there penis for a million dollars, Obama made a very specific move to keep the money and job creation in the hands of the government and now he is stuck wondering why it never worked.
I thought of that idea off the top of my head, when the stimulus was going on, and a crew full of big government liberals couldnt put 2 and 2 together, it isnt that they dont want to create jobs it is that their entire thinking is flawed, and they only want to create government jobs, which has been proven wasteful time and time again. These politicians have no interest in stimulating the economy, they are only interested in stimulating their vote count. All the stimulus money did was fund the special interests who helped them get elected.
The left wing philosophy has been to get the money into peoples hands thus creating demand for product, (keynesian economics) in order to get the economy rolling. Except that they got the money into the hands of the consumer in the least efficient way possible, at a cost of 600k a pop. With my idea we fund them at a cost of 50k a pop provided every person hired on gets paid the max amount of the subsidy.
Through the stimulus we get to keep funding these government employees long after the money runs out, with my idea we fund private sector employees at a cost of 50k a pop, in a 1 time transaction, and afterwords the people become taxpayers and are actually beneficial to the system. Certain rules would obviously have to be put in place, like keeping an employee on for 2 years to get 1 year for free, or monitoring businesses so they werent firing one employee to hire another. Maybe make it for net job creation. This would have increased productivity in the private sector, at the same time it stimulated demand, and it eventually would lead to drawing down the deficit as opposed to adding to it.
Current unemployment is about 9.6% leaving 15 million unemployed, my plan would create 8 million jobs cutting the unemployment in half. Using conservative estimates, where it would have cost 2 dollars for every 1 spent, you could have had 1 bureaucrat making 50k a year per new job which came in.
Is there a liberal in the world who can argue that we would have been worse off with this idea?
