Economy - The Job Factor

By Padmini Arhant

The major national concern among the American families are finding and retaining jobs.

There is no doubt that jobs are Democrats’ priority in the Republicans created deficit economy.

Not surprisingly, the response to unveiling the economic plan at this time is “Too little, too late.”

It confirms political expediency to oppose the Obama initiatives rather than extending bipartisan support to help the President save American jobs.

Contrary to the political mindset in the election year, it’s never too late to rescue American workforce and people in distress.

With the high unemployment in certain parts of the country such as Ohio, California, Nevada, Pennsylvania, Indiana…the workers disappointment and voters’ anxiety is about the jobs and the economy.

President Barack Obama eloquently laid out some job aspects in Milwaukee, Wisconsin on Labor Day. The infrastructure proposal for repair, restoration and rebuilding America has great potential for jobs in the construction and service industry.

The President also clarified on the self-funding of the $50 billion job creation plan. Allocating the revenue from tax loopholes is fiscally responsible for it would not affect the contentious national deficit.

Another bill that requires the legislators’ immediate attention is the $30 billion funding to community banks for small business lending in the worst hit areas of the economy. Again identifying wasteful spending to pay for the short and long term job opportunities is economically prudent.

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Thank you.

Padmini Arhant