It is job bill argument time for Congress and that means endless of hours of arguing, nitpicking and complaining from both the left and the right about how we should fix our economy without actually fixing anything.
So, let's dive deep into what President Obama is suggesting this year to give our economy a supposed jump start.
There is a lot going into this new bill being presented by the president, but let us focus on the main section which is the American Jobs Act.
This act will actually cut all payroll taxes in half by 2012 with small businesses getting some tax cuts, as well, and even getting tax holidays with the hiring of new employees. The act will also give some money to our desperately needed school system, and will put money in repairing the county's infrastructure with a lot of focus on repairing bridges and roads.
The payment for the plan will not come from expanding taxes on the lower-class; the money will come from long term budget cuts from other programs, and having tax hikes on the upper-class of this country. It would be great for the wealthy of this country to start pulling more weight and help carry the burden of the middle class.
Now, this is an interesting bill and can actually help to stimulate some growth in our country. If this bill passes, it will help get jobs to reappear in this country at the middle class region. It is much cheaper to operate really low paying jobs overseas and using illegal immigrants as workers. Most people will have to be willing to take government jobs repairing the roads and infrastructure of this country (which it desperately needs), and these jobs are finite.
You can only have so many people work on a road for so long. I think the bill should go much further by giving more money to the skills and actually get more people to work on different projects that are similar to some of the projects made by President Roosevelt in the 1930s.
A stronger government driven job market will cause a greater and faster recovery of the economy.
What I really do enjoy about this bill is that, unlike its predecessors, it should pass with relative ease through Congress with more arguing on the finer points like money and the amount of jobs, because this bill is not very controversial except for one major thing.
Democrats and Republicans have suggested almost everything in the bill in the past, which makes this a very moderate bill.
Also, Obama has called this out in this speech that he made to Congress when he proposed the bill, putting much needed pressure on the congressional obstructionists that have been plaguing Obama's administration since day one.
If the Republicans try to just deny this bill, they will be denying things that they wanted in the past, and would prove to Americans that they are just trying to obstruct. The only major snag will be how the government will pay for this plan.
Obama and many Americans support the idea of taxing the wealthy, but the right wing would not want to get their friends taxed to create jobs for the lower-class.
I mean, how else would they pay for their private jets and amazing houses? Even though they are not taxing the companies that give out the jobs, only the extremely wealthy people get pay checks from those companies.


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