Dems seeking $80 billion for new jobs bill..................

The Democrats in Washington have done it again! They saved the economy, again! It’s pretty amazing how they keep coming up with these amazing bills that create so many jobs. According to Reuters, an $80 billion dollar jobs bill will be introduced in the Senate in the coming weeks. To average person walking down the streets, this may seem very reasonable. Heck, we need new jobs, and we need to start up this economy. Why not spend that money on creating jobs? 

Well, mostly because the government doesn't create jobs.....mostly.  People who don’t follow politics often say things to me like: “ Both parties get up and seem to make fairly good points. One of them is clearly wrong or misleading, but how can you know who is right?”

My answer to that is in the Reuters story below covering the multi-billion dollar jobs bill. I will hold my criticism of the bill until after, although its pretty clear how I feel. This is another emergency spending measure that (we will be told) must be passed. Another move that we need to make RIGHT NOW,  to prevent further unemployment and turbo-start this economy! Here’s the entire article

WASHINGTON, Feb 9 (Reuters) - A jobs-creation bill that could pass the Senate this week would delay a scheduled 20 percent reduction in doctor payments under Medicare. The bill also extends soon-to-expire jobless payments, healthcare subsidies for the unemployed and highway-funding programs, according to the text of the bill.

There you have it! In order to create new jobs the government will: expand a bankrupt government-run medical  program, expand unemployment payments, and expand health care subsidies for the unemployed. That way, the people who aren’t working are as comfortable in their lack of gainful employment as possible.

So, what do you think of the big jobs bill? Is it cost efficient, like Obama says he demands? Is it going to create new jobs and help revamp the economy? Is it going to decrease the deficit? Will employment go down because of this spending? Do you think that money would be spent more efficiently, or less efficiently in that hands of the private sector?.... $80 billion......................................
Finally, who do you think is going to pay for this?

But hey, at least they left the highway funding in there.