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August 26th, 2011
This is Why Obama Will Not Create Any Jobs

Case in point: AFL-CIO president Richard Trumka, who today lambasted President Barack Obama for not doing enough to create jobs—which in his world means 'spend more on infrastructure so my union constituency benefits.'

Unfortunately for America, Obama has already done too much spending. USA Today reports on the union leader’s remarks at a breakfast sponsored by The Christian Science Monitor:

Trumka said that, rather than cut, the government needs to spend more money on infrastructure to update crumbling highways, rails and other public entities, as well as to create jobs…. Trumka said the creation of jobs through more infrastructure spending could help bring down the rest of the deficit.

Trumka’s grievances about 'not enough spending' come even though President Obama has already won a $787 stimulus bill laden with infrastructure spending, called for another $50 billion to be spent on the same policy last summer, has made pledges, promises, and plans to spend billions on building bridges and roads throughout his presidency, and now appears poised to do the same once again in September. And despite all the spending, the Congressional Budget Office (CBO) projects that unemployment will remain above 8 percent until 2014.

Trumka has another complaint, too—that people get job creation and deficit reduction 'confused.' But therein lies his confusion.

Trumka is under the delusion that more spending creates jobs and that growing deficits aren’t a problem.

 In reality, infrastructure spending does not create jobs, and spend hinders job growth. 



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