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Paul Abrams

Paul Abrams

Posted: October 17, 2010 10:55 PM

Working Americans should not have to sit idly awaiting the right conditions for the private sector to hire them. Moreover, the country has work to do, the residual of a decade of neglect, "years," as Winston Churchill called an earlier era, "that the locusts have eaten".

The $700B the Republicans propose as tax cuts for billionaires should be used instead to hire four million Americans at an average salary of $45,000 per person for four years, or five million Americans at an average salary of $35,000 per person for four years.

Not stimulus. Not temporary employment. Direct hires. So long as businesses are cutting back and Republicans are giving them tax breaks to send jobs overseas (see "Closing Argument (I): Republicans Say "Yes" to Offshoring American Jobs", October 16, 2010), incentives are working, but not fast enough.

When incentives are not working fast enough for working Americans, Democrats should not throw up their hands in futility. They should take the next step.

Unlike some, I do not really blame (most) private companies. If demand for a company's products is down, if there is no increase on the horizon, there is no reason to boost production or purchase new equipment. Of course, if these businesses are hiring, but just hiring overseas, that is a different story altogether. And, just as we know the Saudis kept oil prices low to enable Bush's re-election (see Bob Woodward's, "State of Denial"), it is certainly possible that some companies are delaying hiring until after the mid-terms to make the Congress's record look worse.

What is more, we have important work to do in this country, most of which is too big of an investment, or the pay back too long term, for private companies to do it anyhow: building a new electric grid, repairing our roads, bridges, upgrading our rail systems, constructing high-speed rail, creating energy from wind and solar and algae, laying high-speed fiberoptic cable, and so forth.

All of these are critical investments... and they put people to work. All of these put people to work... and they are critical investments.

The longer we wait, the more our economic future is imperiled. The longer we wait, the more families suffer, the more people lose confidence in themselves, the more the gloom spreads.

In just four months Harry Hopkins hired four million Americans for the Works Progress Administration (WPA). And, he did not have the internet.

It can be done.

It can be paid for.

By specifically allocating receipts from the expired tax cuts on incomes above $250,000 to this modern WPA, the deficit will increase in the short run, but the national debt will not increase over 10 years. (We will spend the $700B in 4 years, recoup it over 10 years, but have provided a competitive foundation for future economic growth -- Washington State gets 80% of its electricity from hydroelectric, 7 decades after the Grand Coulee dam was constructed).

Here are the images: i) Bush speaking to the black-tied, bejeweled dinner telling them, "you are my base" with images of foreclosure signs and plants shutting, then sliding into Joe Barton apologizing to BP with images of Gulf residents out of work; ii) images of unemployment lines; iii) graphics of dollars floating toward billionaires,; iv) images of Americans going to work on the Grand Coulee dam in the Great Depression, voiceover with how many jobs it created by government employees; v) then graphics of the dollars to floating toward workers in hard hats images of modern America, people going off to work on the national parks, roads, bridges and so forth. These should be calming soothing images, and voice over a calming, soothing voice.

At the end: "On November 2, it is your choice: tax cuts for billionaires [Republican candidate] or jobs for Americans [Democratic candidate].

"I'm XYZ, and I approved this message, because, like you, I choose jobs for Americans".

Period.

It is late, but not too late. On October 26, 1982, Ronald Reagan decried those using the rising job losses to win the elections. October 26th. Reagan's record to that point was worse, much worse, than Obama's. The recession he had to handle was bad, but not nearly as bad as that left to President Obama by the disastrous Bush Administration. Reagan's personal poll ratings were lower, despite the sympathy for his having survived an assassination attempt.

Reagan lost seats, but it was not a blow-out.

So, two closing arguments: "Republicans Say 'Yes' to Shipping Your Job Overseas", and "Jobs for Americans vs. Tax Cuts for Billionaires".

Nothing more.

Repeat from now until election day. Repeat from now until election day. Repeat from now until election day....

 
 
 
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03:22 PM on 10/27/2010
Yeah, the billionaire crowd can take a hit for the average american. Why not give the average american the job AND the tax break and tax those that can actually afford it? Am I the only one with this revolutionary idea? http://www.gogcda.com
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flyovermark
...Obamacare is tyranny...
03:33 PM on 10/18/2010
The question isn't whether to "cut taxes", but whether to raise them. Extending the Bush tax rates doesn't cut anyones's taxes, but leaves them unchanged from current rates. Letting them expire raises the tax rates; for EVERYONE.

Just like any other "tax and spend" liberal Paul Abrams is advocating HIGHER TAXES and INCREASED SPENDING.
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HUFFPOST BLOGGER
Paul Abrams
06:32 PM on 10/18/2010
Oh, golly gosh gee, higher taxes, "tax and spend", what will they think of next!
We could, of course, go back to the Reagan tax cut rates in 1981...oh, let's see, where were they, oh yes, old "tax and spend" Ronald Reagan had top rates at 50%, and capital gains rates at 28%. And, enormous deficits, the first president since World War II to INCREASE the debt/GDP ratio.

Ronald Reagan was the tax and spender. I'm for shrinking the debt/GDP ratio through taxing less than Reagan, spending more on the middle class than Reagan, and investing far more than Reagan.
03:22 PM on 10/18/2010
I really don't believe taxing the wealthy is going to "trickle down".
03:13 PM on 10/18/2010
A wise man said this approximately 150 years ago:

"Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration."

Now, righties, can you tell me the name of the speaker?

It wasn't Karl Marx, it wasn't Friedrich Engels. IT wasn't even a European!

The man who said this was Abraham Lincoln, and it is more true now than it was even then.
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edva
Capitalism vs Humanity
02:43 PM on 10/18/2010
This sounds like "spread the wealth" to me. And we all know, only the wealthy deserve the wealth.
03:04 PM on 10/18/2010
I will assume you are being sarcastic.
02:12 PM on 10/18/2010
These posts are all just words on a page; if they had any power things would be changed. Change starts in each of us and requires action not just words. If you are waiting for the government to do something than you are a slave of the government. If we are a free people than our destiny is in our own hands and hearts and requires action. The law is a taskmaster and can constrain but it will never change the expression of the heart of man. If you want justice you be just and help those in need. Money has no heart or soul it just is a simpler way to exchange something to meet our needs. You can vilify people, corporations, philosophies, media, political parties, politicians all you want but the change we want lies within us. You are not as powerless as you think; it is our thinking that puts us in bondage. The old saying as a man thinks so is he. The creativity within each of us and collectively as a nation has overcome huge challenges for us as a nation, but we become weak and ineffective when we are so fragmented and divided; who needs an external enemy; I have seen the enemy and he is us. If you have a constructive response I am willing to listen, if you want to spew look somewhere else.
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Mikel Moore
My microbio is empty, by choice...
03:50 PM on 10/18/2010
Yes, change starts in each of us and politically begins in the ballot box.

I am not a slave to the state. I am a U.S. citizen, with all the rights and responsibilities proscribed by law. I also ascribe to the Republican notion of "Government of the people, by the people, for the people."

If law is so ineffectual, why not just call for anarchy. Alexander Hamilton argued in the Federalist Papers that a vigorous government is a guarantor of liberty. Do you think his argument wrong?
GHO
Sooner or later you run out of other peoples money
02:02 PM on 10/18/2010
"The $700B the Republicans propose as tax cuts for billionaires should be used instead to hire four million Americans at an average salary of $45,000 per person for four years, or five million Americans at an average salary of $35,000 per person for four years."

Why didn't we do exactly that with the $800B so-called stimulus bill? That could have paid for more people, longer.
03:05 PM on 10/18/2010
A lot of that was business tax cuts and not direct investment thanks to the Blue Dog enablers of Repigs.
GHO
Sooner or later you run out of other peoples money
04:00 PM on 10/18/2010
A lot of it also has not even been spent yet, but the point remains - couldn't we have done the same with that money? It's a goose-gander kind of thing. The righties say keeping taxes down on the highest earners will bring about jobs and recovery. The lefties said spending $800B last year would bring jobs and recovery. Both plans are about the same size in terms of total cash, both deserve the same criticism since neither side seems to be right anyway.
12:27 PM on 10/18/2010
Economic Humanism

“The needs of the many outweigh the basis of the currency.” Economic systems that follow this rule prosper and grow. All others, fail. This is premise of economic humanism.

Economic humanism is a new paradigm on money and currency management. Money and currency exists, solely, to serve the “needs of the many.” All economic theories of value, supply, demand, inflation, deflation, debt, surplus, investment, and return fall subordinate to this rule. Economic theory, associated with a currency, is subordinate to a supreme priority, “the needs of the many.”

The certainty of this theory is supported by the simple fact that a people’s currency naturally reflects, is derivative and icon to, the social, political, economic, and moral value of its people. This reflection is unavoidable and basic to any people’s currency. “The many” are the basis and final backstop of the people’s currency.

Economic humanism recognizes, respects, and factors for the human element of all monetary systems. It provides monetary transparency of the federal reserve for public and political scrutiny.

A dollar not serving the needs of the many is a dollar in need of revision and repair. Dollars, hoarded by the wealthy or banks, used to leverage, exploit, and manage “the many”, are dollars in need of revision and repair.

http://coach-1640280.newsvine.com/
http://constitutionm2.newsvine.com/
http://coach-1640280.newsvine.com/_news/2010/06/04/4462088-coach-cm2-constitution
Presidential Candidate (for one of 9 executive branch presidents) 2016
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Marlyn
If I'm wrong, let me know.
12:26 PM on 10/18/2010
But the JOBS issue is not that simple.

For example, Republican candidate for Governor in CA, Meg Whitman, says JOBS is her number one concern. She promises to create two million jobs in the PRIVATE SECTOR. But she also promises to downsize state services and employees, putting millions of GOVERNMENT employees out of work.
03:07 PM on 10/18/2010
Typically Republican magical thinking, nonsense and bull droppings. A six year old could see the logical flaws in this horse pucky - why can tens of millions of sheeple not figure this out.
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NoLeHace
Thieves want your money and Dems want your money
12:23 PM on 10/18/2010
This article is bogus on many levels.

1. The tax cuts that are being proposed are not just against billionaires, it is for people making over $200,000 and couples over $250,000.

2. If you hire the 4 mil. or 5 mil that you propose, what will happen when those projects are completed or the time frame has expired? You will have 4 or 5 mil. unemployed again.

3. Lets say you do provide for the 4 or 5 mil jobs as proposed. One of the big arguments the liberals have is how will we pay for the $700 billion for the tax cuts. The question that needs to be asked, how do we pay for the $700 bil for the jobs.

Government does not need to grow, it needs to shrink so we can bring the budget down. Therefore the deficit will shrink. The only party making this arguement is the republicans. That is why we need to vote for republicans this Nov. 2. All you liberals can vote for the democrats on Nov. 3.
12:26 PM on 10/18/2010
Let's cut defense and military funding first.. since those are the tax funded programs that eat up most of our funds. Are you in agreement?
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NoLeHace
Thieves want your money and Dems want your money
12:34 PM on 10/18/2010
How much do you propose? I do agree that we need to cut some, but not all. We need a strong and well supplied military.

What funding would you propose to cut on the Liberal point of view?

I am even for the bringing home our troops, but I would then put them on our borders, all borders.
oilfield
large employer per obamacare
12:55 PM on 10/18/2010
the left doesnt get it....more govt jobs will fix things....subsidizing the unemployed for private companies would be better than this....maybe they will keep them permanently.
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bimplebean
I'm not an actor, but I play one on TV.
11:59 AM on 10/18/2010
Great post. This really puts the differences between the two parties in stark contrast.

Also, your numbers are compelling. Hiring FOUR MILLION Americans would be powerful.

And harking back to the jobs and work done during the Great Depression is powerful too.

Great post.
11:50 AM on 10/18/2010
Economic crisis solved in three easy steps:
-Increased taxation on American corporations who ship/have shipped employment overseas.
-Decreased taxation rates on American corporations who create/bring back jobs to America.
-Corporations that decide to relocate their entity to another country all together (will not happen but for argument sake) will not be allowed to sell their product in America.

Liberals, moderates, conversatives, and Tea Baggers should have no problem with this. It benefits us all by creating jobs and revenue.
11:50 AM on 10/18/2010
$700 Billion sure could build a lot of modern High Speed Passenger Rail.
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WilliamBradford
Veritas vos Liberabit
12:27 PM on 10/18/2010
It's important to note that the author's suggestion only covers the cost of labor. High-Speed rail would include additional many billions in real estate, technology, equipment, etc that you will also have to "pay for"
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NoLeHace
Thieves want your money and Dems want your money
12:36 PM on 10/18/2010
Great point. That would probably cut those numbers by more than half.
12:55 PM on 10/18/2010
You're right. We should really stop rebuilding and modernizing America. Why would we want to be competitive in the same way the rest of the developed world is? Why would we want something as useful and modern as high speed rail in a day and age when fossil fuels are becoming expensive and scarce? We don't need no stinking future. We need to take our country back....wards.
11:44 AM on 10/18/2010
Its not a tax cut. Republicans dont want a tax increase!! The money deosnt belong to you or Obama or the government. It belongs to the poeple who made it. If they made their money by committing a crime, punish them. Otherwise its theirs to keep. Not yours!! No one should give more the 1/3 of their income in taxes no matter how much they make.
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bimplebean
I'm not an actor, but I play one on TV.
12:01 PM on 10/18/2010
A progressive tax is good for the economy. If you're richer you should pay more. It's been a proven concept since Lincoln. Otherwise the rich just hoard their money, getting richer and richer while everyone else suffers.
12:11 PM on 10/18/2010
Yes, the rich continue to hoard their money and then support/are politicians who run on "Christian" conservative platforms. Christianity clearly states that philanthropy is required and that their MUST be concern for fellow man.

But will the Christian conservatives who vote them in make sure that these billionaires are charitable? The answer is an astounding no. So then why do you think they support those candidates? Answer: because they will NEVER require them to give up their "hard earned" money. Vicious cycle continues. Conservatives are not conservative, and are certainly not Christian...yet all the sheep follow the flock.

Never trust a millionaire quoting the sermon on the mount. - Arcade Fire
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WilliamBradford
Veritas vos Liberabit
12:48 PM on 10/18/2010
We have a progressive tax structure, and it you're richer you pay more. The top 20% of earners currently pay 69% of the income taxes collected.
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12:10 PM on 10/18/2010
the rich didnt make it. to the extent something of value was represented by profits, the rich used government enforced leverage to take a large share of the value of the labor that actually produced the value.
12:23 PM on 10/18/2010
What in the world are you saying?
The typical "rich" person is a small to medium sized business owner.
Usually they funded themselves, worked like crazy, and built something sustainable.

Class envy is very unattractive.
10:48 AM on 10/18/2010
White House News Flash... all funds sent to foreign countries will be put on hold. On hold is a bad term, lets just say we have more pressing issues to deal with in our own house. When we have the USA economy back on track we will revisit the funds sent to other countries in the future.