The latest signals from the White House suggest that President Obama now realizes he must do more - and quickly - to ease the economic suffering of working families. He knows that most Americans believe his administration and Congress have so far provided more help to major banks and Wall Street investment firms than to workers and small companies, as a survey released by pollster Peter Hart reported recently. Full Story »
Posted by Dwight Rousu
Conason leverages his arguments off a poll to say there is a political and economic need for more spending to create more jobs, now that the super-rich banks have been saved. He does not mention that most manufacturing jobs have been exported, and no amount of spending is likely to bring them back without changes in laws, trade agreements, and immigrant labor visas.
The author proves his arguments from a poll to say there is a political and economic need for more spending to create more jobs because the banks have been saved. However, he fails to mention that many jobs have been exported and no amount of money is capable of bringing those jobs back to the states.
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