Michael Medved

When President Obama returns from his Martha’s Vineyard vacation he promises a big new jobs bill to reduce unemployment but this effort raises two important questions.

First, if effective new government programs can actually provide jobs for the jobless, why did he wait two-and-a-half years to implement such programs? The unemployment rate has been painfully high—above nine percent—since the early months of his presidency.

Second, how will he pay for a new jobs initiative? If he insists on raising taxes that will mean subtracting money from the private economy, not adding to it, and will make it all the more difficult for the business community to rebuild.

Actually, the president knows an expensive government jobs program won’t pass Congress, but he still hopes to use the debate to blame Republicans for ongoing unemployment. 


Michael Medved

Michael Medved's daily syndicated radio talk show reaches one of the largest national audiences every weekday between 3 and 6 PM, Eastern Time. Michael Medved is the author of eleven books, including the bestsellers What Really Happened to the Class of '65?, Hollywood vs. America, Right Turns, The Ten Big Lies About America and 5 Big Lies About American Business
 
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