05 February 2010

Fixing the Jobs Crisis Demands More Than $100 Billion

Deepak Bhargava of the Center for Community Change explores why a plan for job creation must be larger than $100 billion. In the Huffington Post he writes:
It's not enough when you have the worst unemployment crisis in 70 years with nearly 16 million unemployed Americans and another 9.3 million underemployed. It's not enough when according to economic forecasts the unemployment rate will remain above 8 percent through 2011. It's not enough when 8 million jobs have been completely removed from payrolls since the start of the recession, nearly a million more than previously estimated.
Read the full article, When is $100 Billion Not Enough?.

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