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View Diary: 5 ways our jobs situation is awe-inspiring when compared to Bush (61 comments)

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  •  but this still doesn't address the fact that (1+ / 0-)
    Recommended by:
    happymisanthropy

    a substantial majority of the new job growth in the private sector has been in low wage jobs.

    How do you factor in wages in the metrics of the job picture?

    There seems to be a new "equilibrium" in the labor market, and the tide is much lower than it once was.

    Oregon: Sure...it's cold. But it's a damp cold.

    by Keith930 on Thu Oct 11, 2012 at 04:47:19 PM PDT

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    •  American Jobs Act (1+ / 0-)
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      biscobosco

      I don't hear anything meaningful from Romney about how he will create good jobs.  Yes I hear him say that he will, but not how.  

      If we get the American Jobs Act passed (which should help the construction industry as we repair infrastructure) and get some of those government jobs back, much of this problem with low jobs will disappear.  Government jobs and the construction industry seem to be the two biggest hits that are causing this (link), both of which are addressed in the American Jobs Act.

      The ...Bushies... don't make policies to deal with problems. ...It's all about how can we spin what's happening out there to do what we want to do. Krugman

      by mikepridmore on Thu Oct 11, 2012 at 09:26:25 PM PDT

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      •  This is the meat of the AJA (0+ / 0-)

        !) Immediate investments in infrastructure and a bipartisan National Infrastructure Bank, modernizing our roads, rail, airports and waterways while putting hundreds of thousands of workers back on the job.

        2) A New “Project Rebuild”, which will put people to work rehabilitating homes, businesses and communities, leveraging private capital and scaling land banks and other public-private collaborations.

        3)Expanding access to high-speed wireless as part of a plan for freeing up the nation’s spectrum.

        This sort of work, if expanded, could create between 10 and 13 million jobs in infrastructure alone. Last year we spent about 1.3% of GDP, 195 billion, we should be spending about 5% of GDP.

        Internet projects can easily add between 1 and 2 million jobs.

        Remove tax breaks for outsourcing, turn them into tax breaks for domestic investment, in emerging tech and markets like solar wind HVDC grid work can add between 2-2.7 million jobs.

        On paper about 18 million jobs.

        FDR 9-23-33, "If we cannot do this one way, we will do it another way. But do it we will.

        by Roger Fox on Fri Oct 12, 2012 at 06:02:39 PM PDT

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        •  The Economic Policy Institute (1+ / 0-)
          Recommended by:
          Roger Fox

          article (link) on the necessity of helping state and local governments might mean we need to add more of that if we can get a receptive congress.

          The ...Bushies... don't make policies to deal with problems. ...It's all about how can we spin what's happening out there to do what we want to do. Krugman

          by mikepridmore on Fri Oct 12, 2012 at 06:24:13 PM PDT

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    •  Stagnant wages and job creation (0+ / 0-)

      Are almost 2 different issues.

      FDR 9-23-33, "If we cannot do this one way, we will do it another way. But do it we will.

      by Roger Fox on Fri Oct 12, 2012 at 05:51:27 PM PDT

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