The Progressive Pulse – A new argument for helping the long-term jobless

The Progressive Pulse – A new argument for helping the long-term jobless

The problem during the Great Depression was high unemployment, because no one had any money to hire anyone else.

Attempts to balance the budget made things worse in 1937.

Different era, different circumstances. The problem this time around is out of control federal spending. Businesses will hire people and the economy will begin to recover when taxes and spending are cut.

Major companies are sitting on $B's riding out this structural recession brought about by the same people who are spending your tax dollars.

Banks and Investment firms didn't deserve a bail out for causing this recession, and future generations of tax payers don't deserve to get saddled with the debt.

Reform entitlement spending and the problem is licked. Make people work for a living and quit paying them not to work. The longer we put off cuts in spending and taxes, the more painful this recession is going to become, but spending and taxes will be cut, one way or the other, either by choice, or dire necessity.

Once spending is under control, we'll still have the cost of the bailout to address, which is why it should be restrained. Make too much sense? I know!