This article originally appeared on OpEdNews.com.
Obama and his misguided collection of Goldman Sachs Economics Experts have either been miserable failures or brutally betrayed American workers, when it comes to helping American workers and main street.
Here are some genuine bottom up ideas that Obama and congress could implement which would start giving people jobs and help.
- 1-offer to provide 80% of pay as a subsidy to small businesses-- really small businesses-- under 50 employees. Provide medicare to those employees. This will do a few things. First, it will create actual jobs. The money will be requisitioned by employers but paid to employees. Employers will get workers for a pittance and will be able to take some risks to grow their businesses. The employees, many of whom will have had no health insurance, will have a huge burden lifted.
2-Offer employers who participate in the pay subsidy program more funds if they buy selected items that are predominantly manufactured in the U.S. This will support U.S. industries.
3- Resurrect the conservation corps. It gave my father a job back in the 30s. Use the workers to do infrastructure improvements-- bridge building, national park maintenance, urban cleanup, even refurbishing gutted inner city homes.
If $40 billion is spent on each of these, at least four million jobs will be created, maybe five or six million. We're talking $120 billion. That's so much less than what the Fed, TARP and the bailout have spent. In addition, these investments will bear fruit. Those employees will pay taxes and buy goods, hold onto homes at risk and that will mean even more jobs-- probably another million jobs.
rest at http://www.economyincrisis.org/content/real-bottom-job-creation-ideas
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