Economists warn politicians' job creation plans may not have immediate impact (California)

[alp227]

Source: San Jose Mercury News

This Labor Day finds one out of eight Californians out of work and politicians everywhere promising plans for creating more jobs.

Gov. Jerry Brown offered his proposals last month, as did Lt. Gov. Gavin Newsom. President Obama plans to announce his new jobs initiatives this week, while the GOP presidential contenders tout their own.

For California, which owns the nation's second-highest unemployment rate at 12 percent, whether these promises can deliver new jobs is a pressing concern.

Economists, however, warn job-seekers not to get their hopes up. Many of the politicians' proposals are good ideas over the long-term, but unlikely to spur immediate hiring, they say.

Read more: http://www.mercurynews.com/rss/ci_18826314

[SoapBox]

1. And as long as corporations can continue to ship jobs to Third World Countries,

we will never move beyond minimum wage, part time temp. jobs.

We need manufacturing returned to America. We need living wage jobs.

Anything less, means more of the same or worse.

[JDPriestly]

2. +1 Soap Box

[ShockediSay]

3. & if we increased taxes on Big Corporate Money Billionaires so that

there would be tax deductions for US jobs, we'd go back to the prosperity of 12 years ago.

[lib2DaBone]

4. ++++ Soap Box.. nothing can change...

Nothing can change as long as the Robber Barons are allowed to run free over America.

And we all know the Robber Barons occupy Congress and Senate.

Free Trade IS NOT FREE.. we pay every day ...in every way ..with our blood.. sweat and tears.