Obama Puts Passion Into Jobs Speech Rarely Seen In His Presidency
Friday, September 9, 2011
So this is a very difficult plan to pull off at the national level, and one that didn’t really work at the local level. And then there’s the very real concern that companies will just take the free labor and exploit the workers in the program. If the level of “training” is high, you’re crowding out jobs that companies would have to hire workers for. After all, for things like assembly line work or data entry or other low-skill jobs, there just isn’t a lot of training. Companies are just getting free interns at that point.
And by having the unemployed work for free, it guts the unemployment insurance program as we have known it since the 1930s. Obama’s new jobs bill is a neat way to accomplish these goals. By proclaimin g the new initiative s to be revenue neutral, Obama is using cuts in Social Security and Medicare to pay for the jobs initiative s. The job initiative s are mostly temporary, while the cuts to Social Security and Medicare would be permanent.
About Barack Obama
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