Harper, we need jobs too!

Obama calls for $200B for jobs

CBC News

U.S. President Barack Obama is proposing increased stimulus spending aimed at job creation. He asked Congress on Tuesday to approve a three-part program, much of it aimed at small business.

Obama said staggering job losses mean the country must continue to “spend our way out of this recession” with a round of new incentives. The U.S. unemployment rate is 10 per cent.

His program includes a one-year elimination of capital gains taxes, deductions for up to $250,000 in investment and increased deductions for capital spending, all aimed at small firms. The program would also provide tax incentives for firms that create jobs and easier terms for borrowing.

Obama also called for increased spending on roads, bridges, and other infrastructure and incentives for homeowners who retrofit their properties to use clean energy or become more energy efficient.

Obama wants to fund the initiatives with $200 billion in unused funds from the Troubled Asset Relief Program. TARP was set up in 2008 to shore up the balance sheets of banks and mortgage lenders.

Obama said it is a “false choice” to claim that the government must pick between paying down the deficit and investing in economic growth. He said spending in the short-term to create new jobs will help reduce the deficit over the long-term.


Note
: Harper seems to follow Obama’s lead on everything, including climate change. Maybe, since he is such a good follower, he can follow Obama’s lead on job creation too? Lord knows, there are many in this country who could use one… including me. Or, does he think we are all “no-good bastards“, too?

 

A conservative is a man with two perfectly good legs who, however, has never learned to walk forward. – Franklin D. Roosevelt

from John Prince
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2 Responses to Harper, we need jobs too!

  1. Anonymous says:

    Jingles say….What are you talking about? Smile!! Isn’t job creation and the economy the reason Harper doesn’t take a stand on Global Warming? You are correct however regarding work in Canada…since I began working, there have never ever been enough jobs for Canadians. I wonder what would happen if all Canadians suddenly returned to Canada from working overseas. For example there are 200,000 Canadians working in Hong Kong. 33,000 in South Korea from which I recently returned. 40,000 in Japan. Thousands working in China and many others working in the rest of the world. What is mentioned here is the tip of the iceburg. Do you think job deficiency is the reason for the exodus of people looking for work? Dah to anyone who thinks Canadians are lazy.

  2. mycdnprince says:

    Great comment. Pretty sad state of affairs when you have to leave your own counbtry to find a job, while subsidizing foreign labourers and professionals with your own tax dollars to come here. Who in government is responsible for this idiocy, bordering on lunacy?

    Thanks for sharing, Jingles.

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