Many Americans today are living week to week, paycheck to paycheck, some even day to day. With no new job growth in August, unemployment at 9.1 percent and it being as likely to rise as it is to fall right now, it makes no sense not to pass President Barack Obama’s Jobs Act.
Most optimistic economists say it could create up to 2 million jobs and boost economic growth by 2 percent. The Jobs Act consists almost entirely of proposals made or endorsed in the past by Republicans as well as Democrats. This bill will take steps like lowering the payroll tax for both workers and small businesses, spending to rebuild the nation’s infrastructure, and give aid to states that will help retain or rehire teachers, firefighters, police and other public employees that will surely benefit all of us and our children.
I feel this will be as beneficial for long-term recovery as well as short-term gains. It’s a win-win and with both past and some recent support by Republicans, the partisan political game that is played right now is becoming too obvious for our U.S. Congressional leaders like John Cornyn, Kay Bailey Hutchison and Kay Granger’s constituency to ignore.
The Republican plan of more tax cuts and deregulation is not the answer, my fellow Americans. That has been tried and failed. It’s the reason we are in such a mess right now. Truthfully, if our United States Congressional leaders from Texas can’t figure how to invest money at a rate that will bring far bigger returns down the road, it’s time for a new Congress.
The measures in the Jobs Bill, including additional stimulus spending and tax cuts for business, deserve bipartisan support. The national debt is a problem, but the surest way to make that debt bigger is to allow the nation to slip back into recession.