Thursday, September 8, 2011

Show me the Spending! Nice graphic showing where the President proposes to spend money to create jobs. I would add one more to the list...

The Presidents job initiative in graphic form.  A little demand-side, a little supply-side.  I do like the school modernization part. This would be MUCH more labor intensive relative too other infrastructure improvements like roads/bridges, which are much more capital intensive. 

What is missing is an intiative to utilize the nations extensive network of community colleges that are vital to re-training workers who have been without work for an extended period of time. It is great (I suppose) to offer companies tax credits for hiring workers out of work for more than 6 months, but if they don't bring skills with them, then it makes it that much harder for companies to hire them---gonna cost more then the $4,000 credit for advanced training...

Source: Washington Post
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