Go Figure--Job Creation Overstated.

[packerconvert]

WASHINGTON – An early progress report on President Barack Obama's economic recovery plan overstates by thousands the number of jobs created or saved through the stimulus program, a mistake that White House officials promise will be corrected in future reports.


news.yahoo.com/s/ap/20091029/ap_on_bi_ge/us_stimulus_jobs

The job creations policy of this administration is "wrong-headed."

[TW]

I'd want a lot more facts to support the jobs created figures the White House is throwing around.

I realize that one new job doesn't relate to just one new job, but adds money into other sectors because of the spending power of that job.

Yet, I always shake my head when politicians try to tell me that another McDonalds has opened up, and they're employing 25 people.

I've never considered part-time jobs, or jobs that are below the poverty line, or don't offer affordable benefits, as "jobs." Still, the government gets a warm fuzzy over them.

[packerconvert]

I don't mind if such jobs are created if we would raise the minimum wage to a copetitive wage and quit subsidizing the large profits of trans-national corporations by taxpayers paying welfare benefits to the aforementioned service sector employees.

[TW]

If you raise the minimum wage, prices go up, and the "new" poverty level will be higher, still leaving many behind.

Even worse. When you reach a certain point, all American manufacturing ceases to exist, because you haven't addressed the need to put the hammer down on imports. Imports will be so much cheaper we won't be able to afford to manufacture here, and compete.

Maybe it's those imports, from socialized nations, that should be taxed at a high enough rate to subsidize our own national health care program.

[packerconvert]

I support any taxation on foreign imports from countries who do not have the regulatory net that America works under.

You may be right on cost going up with the enhancement of the minimum wage, but some kind of outrage needs to be spoken that these large corporations are raping the American taxpayer by paying their employees diddly and expecting us to subidize a standard of living because companies want to work on the cheap.

[sharpefan]

With so many American's with out a job it is a employers market and not a employee's market. Until that switches nothing will change.