Thanks to all those who have signed our petition to create jobs through the Rebuild America Act. One other thing you can do to help us get to our goal is to click on the social network sharing buttons on the top right of this page (email, Twitter, Facebook, and LinkedIn), so we can find new folks to support this important legislation. Here’s what’s new this week…
Taxes and Job Creation
As unemployment benefits begin to wind down for millions, we desperately need jobs for these and other workers. In that vein, there was a minor controversy at TED (Technology, Entertainment and Design), which puts on talks on a variety of subjects. Multimillionaire venture capitalist Nick Hanauer gave a must-see presentation on taxation and “income inequality” at the TED University conference in March. And although it was well-received, it was not originally published on the TED website. In it, he says taxing the rich will create jobs and we couldn’t agree more! Paul Krugman concurs – unemployment need not be so high, and there are ways to correct it. The above graph (and link to the Wall Street Journal article) goes into more detail of how the rich already have plenty of money for job creation.
Michigan and Mitt
According to the the BlueGreen Alliance, the GOP blocking passage of long-term transportation solutions is preventing 43,000 transportation project jobs from being created in Michigan alone, and millions more nationwide. And, former Michigander, Mitt Romney, who blames Obama’s policies for the lack of job creation has a bold pledge for a higher unemployment rate than the current administration is shooting for. Mitt destroyed jobs at Bain Capital and will no doubt continue down that path if he’s elected in November.
Please make sure to visit the People’s World online for the best in worker’s news!
Other resources to check out:
WeNeedJobsNotCuts.com – UnemployedWorkers.org – Unemployed Nation – JobsNotCuts.org