Instead of wasting money; throwing big sums on fantasy “shovel-ready” jobs, the Obama administration could have spent funds on re-training the almost permanent unemployed.
The extended unemployment insurance did no stimulation and has acted as a form of public assistance. It was never directed in a way to assist those who were unable to find jobs that were impossible to find. To instead help plan to get ones for which there were a demand.
President Obama has stated all the features of European planned economics he wants for the U.S. Somehow, their job-training features have eluded him.
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