Like clockwork, every eight or nine years the economy takes a dive. The stock market plunges, people get laid off, and businesses suffer financial losses because Americans are hardcore capitalists and we allow self-interest and greed to impede our rationality and common sense. So we make short-term decisions that are lucrative for business but produce long-term economic disasters.
Take outsourcing for example. Ronald Reagan became the poster boy for outsourcing in the 80s and Bush senior took it to the next level in the 90s. The cheap labor in countries like China, India, and Mexico meant lower prices for Americans and huge profits for shareholders. Everything was cool until the number of Americans looking for work outgrew the number of jobs available.
If unemployment is high when Americans go to the polls for the 2012 Elections, the Republicans will say it is because of Barack Obama. If it is not, they will say it is low despite Obama. The President’s joke of an opponent, Mitt Romney, has said he will get the current unemployment rate down to six percent by the end of his first term if the American people vote for him. But we seem to be headed towards that goal anyway with Obama at quarterback.
So what is Obama doing about all of this? In the past twenty-seven months he has added 4.3 million jobs.In September of last year he proposed the American Jobs Act bill, which was successfully filibustered by the Republican Congress. The bill would have put almost two million more Americans to work.
Americans biggest jobs problem, besides the Republican Congress, is that our workers are not being taught new skills to stay ahead. Even workers skilled in technology or science are finding it hard to get jobs. And when they do, there is very little importance placed on research and development from the government to the private sector.
Luckily for me, not only do I have a job, but I get paid to do what I would otherwise do for free. How cool is that? But when my brothers are hungry, my stomach growls too. So I decided to come up with my own version of the American Jobs Act, code name: Bitch, You Better Not Send One More Job Overseas.
Read: WILLIE D’S PLAN