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Reply #30: Unemployment is officially at about 10%, though we all [View All]

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Home » Discuss » General Discussion: Presidency Donate to DU
kiva Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 12:42 AM
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30. Unemployment is officially at about 10%, though we all
know that figure is deceptively low. As many DUers have pointed out, a New Deal style of government spending programs could provide jobs while we repair our infrastructure, expand our commitment to green energy, modernized our transportation system, and improve our schools. All of this requires investment, and a freeze isn't the answer.

To add insult to injury, military spending wouldn't be frozen - so we can tell the millions of unemployed Americans "Hey, we still have the coolest weapons" - I'm sure they'll be impressed.

I don't know if this will come to pass - it could be a rumor or a trial balloon - but if that's what Obama plans to do, realize that he will lose any remaining credibility as an agent of change, and he (and our party) will pay the price at the polls.
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