Mr. Obama and Real Job Creation: Good, Bad and Ugly

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Recent economic developments and Mr.  Obama’s address to Congress Wednesday have motivated me to do something with this web site which I abandoned for some time because I have been quite busy, to understate it, working on “real job creation.”

To get going I shall start with some general comments as per title of this post and then flesh these comments out ongoing in the coming days and weeks.

The Good:  Action is needed and it is needed quickly.  Some positive action is better than no action and Mr. Obama’s jobs plan pays for needed jobs.  It will have positive effects and, if executed well, will not be a significant waste of money.

The Bad:  The jobs plan extends the general ignorance of policy makers and politicians about the ways real job creation actually happens, as outlined on this web site.  The jobs plan does not directly address job creation in the fastest, most efficient way.

The Ugly:  Because the jobs plan does not go far enough in dealing directly and fundamentally with issues of commerce and prosperity, the dangers that exist underneath the U.S. and world’s economies will persist and likely explode sooner than anybody wants.

Something must be done about the Ugly and it must be done now, to repeat Mr. Obama’s repeated calls for action.

jmn

Real Job Creation

Winning the Economic Game: Defense or Offense, part 1.

Winning the Economic Policy Formation and Implementation Game: Defense or Offense, part 2.

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This entry was posted on September 10, 2011 at 2:58 am and is filed under Job Creation. You can follow any responses to this entry through the RSS 2.0 feed.