Jobs Proposal Con-Job

President Obama’s proposal to spend about $450B now to create jobs is a re-election con-job, not a real long-term solution. The President implies taxing the rich making more than $200,000, and eliminating corporate tax loopholes “now” will solve our job problems. Whether or not you believe the rich should pay more taxes does not hide the fact his arguments are bogus.

His  “rich taxes” average less than $100B per year and closing corporate loopholes might produce another $50B per year for a ten-year total of $1.5T. The jobs he talks about creating — mostly public sector and infrastructure jobs — will require a continuing funding source for a ten-year total of at least $4.5T. Where are the remaining $3T funds for future years coming from? Is he planning on tax increases every year or is this just an election year con-job? The newly formed Deficit Panel is unlikely to provide a real long-term solution since it too appears ready to “kick the can” down the road until after the 2012 elections.

The President and both political parties have not told us the whole truth, only re-election rhetoric. Divisive fiery speeches may tell us what we want to hear, but will not unite our nation or solve our long-term problems.

Let’s “drain the Washington political cesspool” and institute the Italian option. The new Italian Prime Minister, Mario Monti, has replaced career politicians with technocrats who will make decision based on the country’s best long-term interests and technical principles rather than on short-term political expediency. By replacing the President and many career politicians we may have a chance to reclaim our nation’s future for our young and as yet unborn citizens.

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About

Dr. Cleland’s Ph.D. is from Purdue University where he specialized in complex systems theory. His technical training and experiences includes analyses of many types of systems, involvement with numerous federal, state, and local agencies, and management of a broad set of set of professionals, services, and trades people. He has managed scientists, engineers, policemen, firefighters, environment, health, safety and emergency planning experts, building trades and maintenance crafts personnel, and others.

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