Reply #84: I don't believe the tax incentives will do it [View All]

[jzodda]

I think the housing market, Japan and the Eurozone, big corps sitting on mounds of money instead of spending and the lack of spending by consumers here are the main problems. I don't see how the payroll tax cut and that $4k "bribe" thing to hire the unemployed will accomplish what we need.

What we need is a big jobs program like in the New Deal where the gov PUT the people to work. I don't see that happening for now so the above represents zero growth.

The infrastructure bank is only good if the gov hires 2 million people to work it

The extension of unemployment (which won't pass the House) is the only really good idea as it puts money into the hands of people who will spend it, thus helping the economy.