With the strong anti-Wall Street mood in the country, it’s ludicrous that Senate Democrats are still behaving this way. They’ve lost their ability to shock me.
|By: Jon Walker Wednesday June 9, 2010 12:25 pm|
|By: David Dayen Friday April 16, 2010 5:15 pm|
A micro-jobs bill passed into law back in March, mainly a flawed job hiring tax credit for small business. None of the other measures to boost employment have passed. The Local Jobs for America Act, which would pump $75 billion into direct hiring in local communities and is head and shoulders the best jobs program out there, hasn’t budged since it was introduced. The “Home Star” program, which would give rebates to people who do energy retrofits on their homes, just passed the House Energy and Commerce Committee, but it has a long way to go. Other ideas, like work-sharing or infrastructure spending, are DOA.
|By: David Dayen Wednesday April 14, 2010 3:05 pm|
Ben Bernanke, the chairman of the Federal Reserve, someone with enormous power over monetary policy to improve market conditions for hiring, is telling the unemployed that they’ll have to wait “a significant amount of time” for any jobs to come up. Too bad, so sad.
|By: Jon Walker Wednesday April 7, 2010 3:36 pm|
Members of Congress and progressive organizations have begun talking more about the Local Jobs For America Act. It is a good bill that should actually help to create and save jobs while temporarily helping to ease the crushing financial shortfalls faced by the states. Also, the bill has the added benefit of containing the word “Job” in the title.