Skip to main content

View Diary: What's in the American Jobs Act? (148 comments)

Comment Preferences

  •  Not quite what Krugman said (2+ / 0-)
    Recommended by:
    mightymouse, Spit

    He basically said that this was far better than nothing and more than he expected.  That is not the same as saying it is enough.

    Extending unemployment benefits and payroll tax breaks help and it is well that we are doing these things but the investment into infrastructure is too small.  Direct job creation does more than simply stimulate demand, it also reduces competition in the job market.  That should help a great deal to not just reduce unemployment but also underemployment.

    "It was believed afterward that the man was a lunatic, because there was no sense in what he said." "The War Prayer" by Mark Twain

    by Quanta on Fri Sep 09, 2011 at 12:46:19 PM PDT

    [ Parent ]

    •  Err, meant to reply to CPDem81 n/t (0+ / 0-)

      "It was believed afterward that the man was a lunatic, because there was no sense in what he said." "The War Prayer" by Mark Twain

      by Quanta on Fri Sep 09, 2011 at 12:47:02 PM PDT

      [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site