Yesterday there was a lively debate during a congressional hearing in the Subcommittee on Regulatory Affairs, Stimulus Oversight, and Government Spending. Link here. The primary topic of discussion, does government spending create jobs or destroy them? What is the net effect of government spending on employment and economic growth? Explore these topics in the classroom with the following Econedlink lesson: Keynes vs. Hayek: The Rise of the Chicago School of Economics.
My opinion is NO the Jobs plan will not bring more employment, why because it won't pass...............too many taxes on the people who are giving us the jobs........so, no jobs will become of the bill. I wish that I was wrong, but history states that if you tax too much, like we do, either no one will create a new job or the new jobs/companies will leave the US and go elsewhere where the tax is reasonable.
That's my two cents.
Again, just my two-cents. The problem is that the businesses don't know what is going to be happening with health care and tax reform. So no one is going to hire anyone without knowing what their monitary output will be on these two concepts.
Now does anyone else want to give their two-cents because teachers need jobs!