U.S. job growth: A five-point plan

  • Article by: Tom Horner, Tim Penny
  • Updated: September 7, 2013 - 5:37 PM

We've got to stop thinking short term and we've got to stop entertaining either/or scenarios/

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pitythefoolsSep. 8, 13 8:01 AM

"According to the Congressional Budget Office, every job created by the recession-recovery stimulus program cost American taxpayers between $500,000 and $4 million."

Citing statistics like this without context show just how shallow these two are. The JOB created didn't cost that much. The VALUE created did. Bridges aren't built by jobs alone. They take materials and equipment and profit as well. The VALUE created may have been $500,000 to $4 million. But the JOB did not cost that much.

Use it in your own workplace. Say I work for a $500M company. We have 800 workers. In these writers minds, every worker COSTS $625,000. Wrong. The value created by each worker is $625,000. Leave it to a couple of conservatives to twist numbers to their personal liking.

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LennyofMNSep. 8, 1310:46 AM

Pitythefool, to supply some context, why don't you show us some examples of the $500,000 to $4 million in value each of those jobs created?

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rms316Sep. 8, 1310:54 AM

Couldn't agree with some parts of this article more. It's time for taxpayers to stop subsidizing companies and start using that money for infrastructure. I also agree Gov't doesn't create jobs and it's high time they stop bailing out bad behavior. But, as we read this, banks are refocusing their business not by helping small business with cheaper money or consumers with cheaper mortgages, but with building more Consumer Credit with Credit Cards. Banks are and have been the problem.

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LennyofMNSep. 8, 1310:56 AM

Also, Pity, once again your tactic is to parse the commentary and deride it in it's entirety based on one remark (a quote from the CBO). The overall point of the commentary is spot-on. All action taken by our political class is rooted in short-term results - results that are only based on political expediency. This needs to change.

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pitythefoolsSep. 8, 1311:48 AM

LennyofMN: "The overall point of the commentary is spot-on. All action taken by our political class is rooted in short-term results"

Isn't that exactly the problem with the private sector executive class as well?

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pitythefoolsSep. 8, 13 1:10 PM

LennyofMN: "Also, Pity, once again your tactic is to parse the commentary and deride it in it's entirety based on one remark (a quote from the CBO)"

I respond to the MIS-USED quotes that are so common on the right. What the CBO said, and how the writers used what the CBO said, are a common con tactic. Take a phrase out of context, put it into a different context, then regurgitate it. I tend to point out the most egregious of such semantic manipulation, otherwise I'd spend all day pointing out this very common conservative gambit.

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gandalf48Sep. 9, 13 8:45 AM

Most of these proposals are a great ideas, it's too bad that neither political party is willing to give up even a small amount of ground to get these things done. I do like how this comment section is focused on a minor detail of a supporting point rather the big main ideas of the article. We need tax reform, that is probably the biggest issue that would have the most meaningful effect in helping the economy out long and short term. The other 4 proposals would also provide longer term solutions...it's sort of sad that all 5 of them can't be discussed without a partisan attack.

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garagewineSep. 9, 13 3:39 PM

"Citing statistics like this without context show just how shallow these two are. The JOB created didn't cost that much. The VALUE created did. Bridges aren't built by jobs alone. They take materials and equipment and profit as well. The VALUE created may have been $500,000 to $4 million. But the JOB did not cost that much."---No, those are the costs. They have nothing to do with value.

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