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Friday, August 20, 2010

Quote for the day--on creating jobs

From "Five Washington Excuses for Ignoring the Jobs Crisis"--my favorite, what I think is the most important one: "We can't afford a job creation program -- it'll increase the deficit": It's certainly true that the deficit is growing rapidly as a result of the Wall Street crash and bailouts. But if we want the deficit to shrink, we'll have to put people back to work so that they start paying taxes again. We also need to place a significant windfall profits tax on the very financial elites who wrecked the economy. We wouldn't have a deficit problem if our politicians had the will to truly tax the super-rich -- those earning $3 million or more a year. Link to original post: http://www.huffingtonpost.com/les-leopold/five-washington-excuses-f_b_687381.html

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