All of the remaining five presidential candidates agree that job creation is important. The Republicans have basically no plan, except for their fantasy notion that tax cuts heavily weighted towards the wealthy Will cure all problems.
The Democrats have a great opportunity . It is widely understood and indisputable that we need to rebuild and repair the physical and broadband infrastructure in this country. Despite the under 5% unemployment figure, they're remains probably a three or 4% of potential workforce that are structurally unemployed. You can see that by noticing that the percentage of the population that is employed even though work eligible has declined. The United States can borrow money by selling treasury notes have a nominal interest so low that even given modest inflation, there is practically no real interest to be paid. It is also important that all of our sovereign debt is denominated in dollars and we own the printing press. It is reprehensible that the obstructionist tactics of the Republican Congress has prevented an infrastructure building program from occurring in the last seven years. The two Democratic candidates should focus their campaigns on an infrastructure building program to increase jobs and as a result increase aggregate demand the stimulating the economy as a whole.
The way to create jobs just to give a person a job. The private sector could do more but it won't. It is up to the federal government to fill in the gap. An infrastructure building program is basically a no lose proposition. It has to be done, It's cheaper to do it when wages are low, and the government can borrow at basically no interest. This is an easily understandable proposition. Let the Republicans yell about big spending democrats. The answer is easy. What is better, big tax cuts for the wealthy or jobs for the unemployed?
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