Byron Dorgan’s Brilliant Plan For Creating More Jobs: More Government Spending
The national debt just clicked past $12 trillion and even Obama is making noises about deficit reduction (not by cutting spending but by taking more of your money, naturally). But in Congress? Better living through more deficit spending is still very much en vogue.
House Majority leader Steny Hoyer said Tuesday that he and other House leaders are pushing for a December 18 floor vote on another job creation bill. He said the measure will focus on public sector jobs, job generating tax credits, infrastructure projects, and assistance to state governments. “Clearly, 10.2% unemployment is unacceptable and is causing great pain to literally millions of people around the country,” Hoyer stated.
Hoyer added that he believes the legislation ought to include another extension of unemployment benefits and health insurance premium assistance for those out of work.
On the Senate side, Majority Leader Harry Reid says his first priority after finishing health care reform legislation will be a jobs bill. Senate Democratic Policy Chairman Byron Dorgan echoes that sentiment. “With 10% unemployment, the first priority for our government is to focus on helping the private sector create new jobs,” Dorgan announced. Leaders in both houses are now considering the possibility that a six year Highway Trust Fund reauthorization measure could be designated a jobs bill and pushed through Congress on a faster track than anyone thought possible a few weeks ago.
So more spending. To, uh, “help the private sector create new jobs.”
You know what doesn’t help the private sector create new jobs? More government spending that leads to more taxation.
Government is a burden on the economy, not a boon.
