PERI Institute proposes 19 million jobs plan
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- MikeBallantine2012
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Just this week, the PERI institute in Boston released a study showing that there is a tremendous amount of excess dollars sitting around in bank accounts doing nothing, something the campaign to elect Mike Ballantine 2012 has been saying for months. In fact, they identify roughly the same amount as we do and propose providing incentives to get banks to invest $1.4 trillion in the economy to create 19 million jobs. That is more aggressive than our plan which stipulates an investment of $2 trillion to create 20 million jobs. Either way, both plans show a reasonable approach to the unemployment problem facing our nation. Both plans follow the same approach and would not only reduce unemployment but also restore tax revenues to pre-recession levels. Unless we choose to adopt this type of approach our nation will continue to languish in insolvency. Those that argue that we cannot afford to borrow, fail to grasp the enormity of creating 20 million jobs and what is required. As long as the free-market is going to remain on the sidelines, the needs of the American worker will go unmet. Please read this plan and listen to Bob Pollin explain it to Paul Jay at the Real News.(http://www.youtube.com/watch?v=7OIbTSAGPOM)
http://www.peri.umass.edu/fileadmin/pdf/published_study/PERI_19Million.pdf
http://www.scribd.com/doc/75296147/Ending-the-American-Winter-Ver-2-0
www.mikeballantine2012.org
http://www.peri.umass.edu/fileadmin/pdf/published_study/PERI_19Million.pdf
http://www.scribd.com/doc/75296147/Ending-the-American-Winter-Ver-2-0
www.mikeballantine2012.org
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