Wednesday, December 2, 2009

Jobs Revisited Again

Well, it is not like the problem of jobs has gone anywhere, the topic has been front and center for the last two years. And for all that has been said about creating them and saving them and stimulating them, nothing has happened and the unemployment rate now stands at 10.2% as we all painfully know.

Tomorrow President Obama will hold a Job Summit at the White House. Business leaders and political dignitaries will brainstorm with the President about how to create jobs in America. All should read Paul Krugman's New York Time's editorial, The Jobs Imperative (11/30/09) for a well tempered view on the subject. Unfortunately, neither he nor his colleagues have much faith in the summit. I'll guess we'll see what the President comes up with.

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