The various aspects of the “Jobs Program” offered up to congress for their consideration by the Obama administration has obviously just been more of the same old failed tactics that gave us the “Stimulus” that did absolutely nothing for the economy. This week the Daily Caller said that Democrat Representative Jesse Jackson offered his own plan which would be simply for the government to hire every single unemployed person in the United States for about $40,000 per year. Jackson estimates this would cost the taxpayers $804 billion dollars which is about double of the $447 billion dollar president’s plan which failed to get congressional approval.
It appears it is never too late to get with the program of throwing out tax money into the prevailing winds. Coincidently Jackson is up for reelection so he does need some good old campaign rhetoric to bolster his campaign. If such a plan were implemented what would happen to all the people currently working for minimum wage? People now working for $8 per hour earn around $16,000 per year so would everyone quit their job to get on the new program? What about the people that are just plain unemployable or really don’t want to find a job?
At first blush it seems pretty idiotic but is this idea really any worse than any of the other grand schemes that have come out of the Obama-Pelosi-Reid-Tester-Baucus administration? Tons of the so called stimulus jobs were pegged at costing the taxpayers over 1 million for each job created so maybe this would be less wasteful in the long run. Read the article over at the Daily Caller and tell us what you think.