A current Mitt Romney commercial claims that, if elected, putting his policies into action would result in 12 million new jobs in four years. In other words, that would be 3 million jobs per year. We are currently graduating between 3 million and 4 million high school students each year in the United States. His wonderful policies would merely keep up with the graduation rate. Are we to assume that all the school dropouts will not be looking for jobs? What about our troops returning from Afghanistan? What about the millions who lost their jobs and are still looking for one? If Mr. Romney's 12 million jobs in four years promise is supposed to impress me, it fails miserably.
The blueprint for getting out of a near depression already existed but was ignored. FDR used it. He created government programs that put people to work. He put the money in the hands of people who would actually spend it, thereby creating demand for products which spurred the need for increased production and lead to jobs in the private sector. This was an example of the "bubble-up" method of stimulating the economy. This country stopped using the "trickle-down" method in foreign aid because it was found that it did not work. For republicans to expect that it would work here at home in this situation is incredulous! They got their tax break renewed, but apparently it has not trickled down enough to significantly affect jobs.
Richard Love,
Alvada
