White House Criticizes Dem Jobs Bill for Being Too Big

[DGuller]

"In the last five years we've invested $1.2 billion, creating more than 300,000 jobs," Reid said of the program. "The Republicans are stopping us from moving to it because creating jobs, it appears, is the last thing they care to do."

It's true. Republicans, they hate jobs.

Okay, given the current level of reported unemployment (13.6 million), we're looking at an additional expenditure (at 4k per new job) of 55.6 trillion dollars in new spending to fully employ the reported unemployed.  I vote we appropriate that money by taxing the rich (those that make $250k+) at 100% of all income over $250K.  That should solve that problem.

It seems like the simpler solution would be to do the math correctly.  The savings from that alone could fund Social Security and Medicare for a long, long time.

[MadImmortalMan]

If we did the math correctly, we'd probably find ourselves with a 700 trillion dollar net unfunded liability. I like the current math better. It doesn't make me vomit in rage.