|The Jack Wade Show||
When I was watching President Obama's Jobs Plan speech on Thursday, I thought that I saw a brief appearance of the guy that I voted for in 2008. He was forceful, confident and all about creating a mini New Deal that grows jobs. I was starting to feel the same old feeling of confidence in him that I has in 2008 until a voice in my head said "HEY, SOMETHING IS WRONG WITH THIS PICTURE!"
As they say, the devil is in the details and there are a couple of major league devils in the details of Obama's proposed plan:
Devil number one reared it's ugly head when President Obama said that the proposed "free" trade agreements would create jobs by helping exports. Let me remind you that these agreements are similar to NAFTA and we know what that did to kill jobs. "Free" trade agreements are part of the thirty year downward globalization spiral that started under the Reagan regime! How can doing what cost America it's jobs create jobs? To bring America back and make corporations manufacture here, we need to re-impose the trade tariffs on imports that Reagan lowered or in some cases, eliminated!
Devil number two popped up when Obama offered up cuts in Social Security and Medicare as one of the ways to finance the jobs plan. Mr. President, I have a better idea, let's impose a stock transfer tax on each Wall Street transaction to make the people who broke the economy fix it! As a matter of fact, if we re-imposed trade tariffs on imports and imposed regulations that make corporate offshoring of manufacturing difficult, we wouldn't have a jobs problem, the deficit would disappear and prosperity for ALL would return!
To sum it all up, we can continue to delude ourselves about where we're heading with this proposed economic and jobs fix or we can fix the economy and create the kind of jobs that built the middle class, the choice is yours!
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