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Monday, July 11, 2011

postheadericon Now is the time to put aside politics and create jobs our people so desperately need

America faces a job crisis unlike any that we have seen since the Great Depression. Our country has the same number of private sector jobs we had in 2001 â€" but the number of people needing work has grown by 14 percent since then. Although some projects in renewable energy and infrastructure have shown promise for America’s recovery, we all know that the pain, stress and anxiety felt by struggling families is deep and profound and cannot continue. 

What needs to be done? Both political parties should stop hurling accusations at each other and instead acknowledge facts and look for solutions flowing from those facts. The largest corporations in america have enough cash to hire 4 million people at 50,000 per year. If our large banks were lending at the pace of the last 30 years, they would have injected 1.3 trillion dollars of private investment into our economy. Why haven't they done so?

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