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Andrew Tobias

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Andrew Tobias
Andrew Tobias

Money and Other Subjects

How To Lower Unemployment

October 14, 2014

MITT PROMISED TO GET IT DOWN TO 6% IN FOUR YEARS

Here: “I can’t possibly predict precisely what the unemployment rate would be at the end of one year. I can tell you that over a period of four years, by virtue of the policies that we put in place, we get the unemployment rate down to 6 percent, or perhaps a little lower.”

BARACK DID IT IN UNDER TWO

To 5.9%.

And if the Republicans in Congress would just allow it, we could be doing so much better still:  Boosting the economy by revitalizing our crumbling infrastructure . . . boosting the economy by hiking the minimum wage . . . boosting the economy by passing the Senate’s bipartisan immigration bill . . . and thereby initiating a virtuous cycle that would lead to higher wages, higher tax receipts, lower safety-net payments, and reduced deficits.  Kind of like the virtuous cycle we had under Bill Clinton.  (Remember?)  All that stands in the way are the Republicans in Congress.  Please vote.

 

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