Why We Need A 10.4 Million Jobs Plan

http://smirkingchimp.com/thread/dave-johnson/55167/why-we-need-a-10-4-million-jobs-plan

Why We Need A 10.4 Million Jobs Plan
Jobs
by Dave Johnson | April 4, 2014 - 8:12am

It doesn’t matter what Friday’s report of the March job numbers shows. If you listed our national problems in order of priority and immediacy, jobs has to be at or near the top.

~snip~

5.8 Million More Jobs

One more simple proposal is to confront countries that manipulate their currencies. According to a report by the Economic Policy Institute (EPI), titled “Stop Currency Manipulation and Create Millions of Jobs,” the United States could create up to 5.8 million new jobs, reduce our trade deficits by up to $500 billion per year by 2015 and increase U.S. gross domestic product by up to $720 billion per year if we act to end global currency manipulation.

So that’s 4.6 million jobs in one year just from passing the CPC “Better Off Budget” and another 5.8 million from confronting currency manipulation. How many more jobs would come from an energy-retrofit program? As many as we need after those two proposals put 10.4 million people to work.

This just shows how simple it would be to create full employment right now, and how it would pay for itself. That is what public investment does. But proposals like these being obstructed by Republicans.