Posted 7 years ago on Nov. 23, 2011, 3:36 p.m. EST by zorno
This content is user submitted and not an official statement
Considering that the most common taunt hurled at OWS activists is "Get a job", and the most common reply is an explanation of the elimination of jobs in the US, I am surprised that there is not more discussion of job creation here.
For me, the best example of the job creation process was that practiced by Roosevelt in the New Deal. The jobs that were created were mostly in infrastructure development, such as building roads, electrifying the Tennessee valley region, etc.
Of course first, he bankruptcy reorganized the financial system, through Glass Steagall, which then allowed him to create credit for projects employing millions of people. Today, NAWAPA is advocated as the mega project that would create tens of millions of jobs and bring water from Alaska to the desserts of the lower forty eight.
NAWAPA would not only create first farmland and then new cities, but would replenish the dwindling underground water supplies throughout the US through an increase in precipitation.
Such a project would also create a large number of well paying manufacturing jobs to produce the innumerable products and materials necessary for construction on a large scale.
We could even sell this stuff to the Chinese who need such supplies for the development of their own country. We could balance our trade deficit and eventually get rich this way.
Any other thoughts on job creation?