MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
Bill Scher, Campaign for America's Future "Progressive Breakfast" lead piece, October 23. For any folks you know who are still looking for, or receptive to, facts or arguments on which candidate is better on jobs.
Mitt Romney's jobs plan is a collection of bullet points masking the fact that he has literally no proposals to create jobs.
President Barack Obama's newly published jobs plan is a collection of bullet points that understates the detail in the jobs policies he has already proposed.
The heart of the Obama plan is stated very succinctly, almost casually, but it's a very big deal: "use half the savings from ending foreign wars to pay down the debt and the other half to invest in infrastructure at home."
Those savings are not chump change. They are currently estimated at $848 billion.
Using savings from ending the wars in Iraq and Afghanistan gets derided by the pundits as if Obama is credited himself for money already pocketed. But as I and others have noted previously, these are savings not yet pocketed, and may never be realized if we elect a new president is who is not committed to ending those wars.
Half of $848 billion is basically the cost of the President's American Jobs Act proposed last year.
All the nitty-gritty details of that legislation may not be on the president's campaign website, but they are on the White House website. Here are some of the key elements:
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