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American Jobs Act would have been helpful

Over a year ago, President Obama and the White House proposed the American Jobs Act. This was a combination of programs that was aimed at putting over a million Americans back to work. Of course, that is not what Republicans had in mind and therefore the Act basically died in the Republican House.

From Paul Krugman:

Macroeconomic Advisers on the American Jobs Act, proposed a year ago:

We estimate that the American Jobs Act (AJA), if enacted, would give a significant boost to GDP and employment over the near-term.

-The various tax cuts aimed at raising workers’ after-tax income and encouraging hiring and investing, combined with the spending increases aimed at maintaining state & local employment and funding infrastructure modernization, would:
-Boost the level of GDP by 1.3% by the end of 2012, and by 0.2% by the end of 2013.
-Raise nonfarm establishment employment by 1.3 million by the end of 2012 and 0.8 million by the end of 2013, relative to the baseline

Of course, it that had happened, Obama would be more or less a lock for reelection. Instead, having blocked the president’s economic plans, Republicans can point to weak job growth and claim that the president’s policies have failed.

By |2012-09-11T21:41:17-04:00September 11th, 2012|Economy|Comments Off on American Jobs Act would have been helpful

March madness

I love basketball.  I love when 5 guys play together to be better they could alone.  I love the fundamentals.  Crashing the boards.  Boxing out.  Hustling for loose balls.  Thinking.  Not saving the ball under your opponents basket.  Never let you opponent take you on the baseline.  I love that kind of basketball.  The NBA serves up very little of this kind of basketball until the playoffs.  The NCAA on the other hand, does from time to time serve up some great fundamental basketball.

Davidson was a truly great story this year.  If Curry could have made one more 3 pointer I think that he would have gone down as an NCAA legend.  UNC, on the other hand,  has been playing some great basketball on both ends of the court.  They are playing good team basketball.  Next weekend, I’ll have more time and I should be able to watch some more games in front of my TV.

By |2008-03-30T22:36:55-04:00March 30th, 2008|Sports|Comments Off on March madness
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