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Obama’s Pseudo-job Creation a Bust

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Post by SamCogar Sun Sep 26, 2010 9:20 am



Tens of thousands of people will lose their jobs within weeks unless Congress extends one of the more effective job-creating programs in the $787 billion stimulus act: a $1 billion New Deal-style program that directly paid the salaries of unemployed people so they could get jobs in government, at nonprofit organizations and at many small businesses.

In rural Perry County, Tenn., the program helped pay for roughly 400 new jobs in the public and private sectors. If the stimulus program ends on schedule next week, Perry County officials said, an estimated 300 people there will lose their jobs

The money that pays Mr. Davis’s salary, and the salaries of tens of thousands of other people around the country, will dry up after next Thursday, when the welfare program in the stimulus act that pays the bills for those jobs is set to expire.

In Mississippi, an innovative program used the money to pay private companies to hire nearly 3,200 workers

If the program is allowed to lapse, up to 26,000 workers in Illinois will lose their jobs in the coming weeks, along with 12,000 workers in Pennsylvania and thousands more in other states,

http://www.msnbc.msn.com/id/39360452/ns/politics-the_new_york_times/

SamCogar

Number of posts : 6238
Location : Burnsville, WV
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Obama’s Pseudo-job Creation a Bust Empty Re: Obama’s Pseudo-job Creation a Bust

Post by Aaron Sun Sep 26, 2010 10:09 am

If the jobs are not sustainable, why should they be extended at tax payer cost?

After the Armstrong Pie Company hired 12 workers with stimulus money, it was able to expand its production, add delivery routes and increase sales, said Dalyn Patterson, who owns the company with her husband, Bert. The business increased enough that she said she expected to keep 11 of the 12 workers.

While this does seem like one of the more beneficial programs, if our government wants to continue this programs as state representatives desire then Congress needs to fund it by canceling wasteful projects in current stimulus spending, not pass more stimulus programs.
Aaron
Aaron

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