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Monday, January 05, 2009
Dan Gainor :: Townhall.com Columnist
Obama Comes Up With 'Create'-ive Solution to Jobs
by Dan Gainor
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This isn’t a new controversy. There has been a blizzard of media coverage about the Obama economic plan. The only thing journalists agree on is that they don’t know what Obama has planned. The cost of the proposals changes almost daily. And journalists have bounced all over the place with their job analysis.

The New York Times started off the new year with a Jan. 1 story about the Obama stimulus plan that “could approach $1 trillion.” The cost is so high, wrote the Times, because “the effort will aim to create 3 million jobs by spending money on infrastructure, green energy technology, aid to states and other initiatives.” That spending number ranges from $675 billion on up, depending on the news outlet.

Just three days later, the paper reversed itself – at the very same time Obama was going the other direction. “Mr. Obama has pledged to ‘create or save’ 3 million jobs over the next two years,” wrote Jackie Calmes and Carl Hulse. Then they explained the problem a bit. “In his address, he omitted the word ‘save,’ suggesting he would create 3 million jobs, a goal that many economists consider unattainable under current conditions,” the pair said of Obama.

But now Obama is stuck with “creating” 3 million jobs. Creating something is much harder than just pretending to keep it safe. I could have saved an old column, rehashed something about how bad the media are covering economics. Instead, I had to create a new one. It’s tangible. You can touch it. Track it. And tally it.

That means if the media hold Obama accountable, the 3 million jobs number means something. It’s a reasonable expectation that journalists treat the incoming president the same way as the outgoing one and not let him snow them on the economy.

At least one reporter is doing just that. ABC’s Jake Tapper has figured out the way Obama can alter his own political climate. Obama claims that 80 percent of those 3 million jobs are private sector. That means he will push for an increase of 600,000 government jobs.

That’s a headline you might not see too many places. Kudos to Tapper for doing some timely snow removal.

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About The Author
Dan Gainor is The Boone Pickens Free Market Fellow and director of the Media Research Center’s Business & Media Institute.
 
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cheap work
I will be standing in line for my job,free gas,free rent,free health care,free ins.,and all my bills.

It's clear to conservatives...reprised
I overlooked something very important in my submission (#20 from Chuck) earlier today. I said:

It's clear to conservatives...
... but others either can't understand it or don't want to.

"Give a new business tax abatements for employing workers and then the workers have incomes on which they are taxed. The idea is to make choices that leverage the tax revenue."

This is the way it should work under normal Federal tax plans but many of the newly employed may have marginal skills at best, and may pay no tax, plus get government subsidies besides.

This means that taxpayers pay for the creation of jobs, along with the business incentives and whatever else is part of it, plus paying the subsidies of the newly employed who will be paying no taxes themselves.

Make the subsidies high enough and why will anyone want to be employed in lower paying jobs?

And that wouldn't stimulate the economy.

Chuckles

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