Let’s try something that’s been proven to work before…a New Deal

You need to know this. New job numbers highlight a slowing economic recovery. 54,000 jobs were created last month – the 15th straight month of job creation. The jobless rate stands at 9.1%. But 54,000 fell way short of what economists projected – about 165,000 jobs. It’s also the slowest job growth in 8 months. And considering that 200,000 jobs need to be created each month just to keep up with population growth – our nation is still falling behind.

Job creation is being hampered by a double-dip in the housing market – as home prices fell to a 9-year-low last month – with 28% of all home sales today resulting from foreclosures. And, nearly a quarter of all homeowners are “underwater” on their mortgage. Looks like George W. Bush’s plan of bailing out the banks in 2008 and just sitting back and hoping that money trickles down to everyone else didn’t work – just like it NEVER works. So let’s try something different to reboot our economy. Let’s try something that’s been proven to work before…a New Deal. With bridges and roads collapsing – our energy infrastructure outdates – and a growing need for new schools and hospitals – let’s put American back to work building up our nation again.

Never in the history of the world has a country achieved prosperity through budget cuts and low taxes. It’s time to invest money – and grow our way out of this recession.


bicyclingjroad's picture
bicyclingjroad 11 years 26 weeks ago

Thank You.

Richard Lefew's picture
Richard Lefew 11 years 26 weeks ago

What we need is to re-establish common sense regulations to protect our nation's industrial base (whatever is left of it) from 3rd world countries and their .50 cent a day labor rates. The benefits to consumers are far outweighed by the damage to our industrial base by allowing so called "Free Trade".

We should implement Fair Trade, and eliminate this self destructive policy of allowing all of our jobs to be offshored to places like India and China.

bicyclingjroad's picture
bicyclingjroad 11 years 26 weeks ago

Nice motorcycle you have as a picture. Is it made in the USA?

Thom's Blog Is On the Move

Hello All

Today, we are closing Thom's blog in this space and moving to a new home.

Please follow us across to hartmannreport.com - this will be the only place going forward to read Thom's blog posts and articles.

From Unequal Protection, 2nd Edition:
"Hartmann combines a remarkable piece of historical research with a brilliant literary style to tell the grand story of corporate corruption and its consequences for society with the force and readability of a great novel."
David C. Korten, author of When Corporations Rule the World and Agenda for A New Economy
From The Thom Hartmann Reader:
"Right through the worst of the Bush years and into the present, Thom Hartmann has been one of the very few voices constantly willing to tell the truth. Rank him up there with Jon Stewart, Bill Moyers, and Paul Krugman for having the sheer persistent courage of his convictions."
Bill McKibben, author of Eaarth
From Screwed:
"Hartmann speaks with the straight talking clarity and brilliance of a modern day Tom Paine as he exposes the intentional and systematic destruction of America’s middle class by an alliance of political con artists and outlines a program to restore it. This is Hartmann at his best. Essential reading for those interested in restoring the institution that made America the envy of the world."
David C. Korten, author of The Great Turning and When Corporations Rule the World