Currently the unemployment rate is at 10.2% but the creation of jobs does not seem to be a top priority for the government.
In recent weeks most analysts and economists agreed that the recession has bottomed out and the trajectory for the economy should be upwards. Although the recovery may be shallow and slow for the next few years.
The problem is that job creation seems to be lost with all the exuberance that the recession has come to an end.
While the top priority at the Federal, State and Local level should be the creation of jobs attention seems to be drifting away.
In his latest column in the NYT, Paul Krugman points out that “If you’re looking for a job right now, your prospects are terrible. There are six times as many Americans seeking work as there are job openings, and the average duration of unemployment — the time the average job-seeker has spent looking for work — ..continue reading
CNN reports that Peter Orszag, director of the White House Office of Management and Budget, stated that the federal government made $98 billion (with a B) of improper payments in the 2009 fiscal year. That is a 37.5 percent increase over the $72 billion in improper payments in 2008.
These numbers are mind boggling. If the the total of these improper payments, a sizable percentage of which is believed to be fraud, can be eliminated it would more than pay for the health care reform costs.
President Obama is expected to issue an executive order in coming days to combat the problem.
According to Orszag the executive is to provide transparency, strengthen accountability and provide incentives to improve the government payment process.
Orszag also added that incentives in the executive order will reward states, local communities and other organizations for reducing improper payments and increase penalties for contractors that fail to report problems such as receiving double ..continue reading
I see daily barrages of how Republicans, Democrats and Obama are not doing what they promised or are not fulfilling their jobs to their full ethical extent. I have to say that Partisan politics are irrelevant and both parties really suck at everything they do. We must wake up and quit expecting someone else to solve our problems. It’s time for some common sense and basic values so we can start the hard work and diligence it will take to pick up the broken pieces of our economy, government, etc….
Kent Conrad (D-ND) needs to do a little more research and reading.
Yesterday in an attempt to convince his fellow Democrats that other countries have implemented universal health care without their respective government involvement said “Let me just conclude for my progressive friends who believe that the only answer to getting costs under control and having universal coverage is by a government-run program. I urge my colleagues to read the book by T.R. Reid, “The Healing of America.”
“I had the chance to read it this weekend. He looks at the health-care systems around the world. And what he found is in many countries they have universal coverage. They contain costs effectively. They have high-quality outcomes, in fact higher than ours. They’re not government-run systems in Germany, in Japan, in Switzerland, in France, in Belgium — all of them contain costs, have universal coverage, have very high quality care and yet are not government-run systems.”
France’s government ..continue reading
The Republican party is quickly deteriorating into a Hatfield McCoy feud.
One the one hand we have moderate Republicans on the other hard core conservatives. The moderates seem to be closer to what many Americans are looking for but the party is currently steered by the likes of Limbaugh and other talking heads, various right wing extremists and some real nutcases.
The moderates are wondering if they belong and some are becoming Independents while others like Arlen Specter moved or are moving to the Democrats. Not that the Democrats have their act together either but the party does not seem to be directed by the extreme left.
The Republicans have a problem. They have a weak and unfocused chairman of the RNC, Michael Steele. Their leaders are afraid of people like Limbaugh as Colin Powell pointed out last night on the Larry King show. The have continuous in-fighting as demonstrated by Jim Bunning accusing ..continue reading