Word: bille
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Dates: during 2000-2009
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Economist Heidi Shierholz of the Economic Policy Institute says the economy has lost 6.7 million jobs since the beginning of the recession and that the stimulus bill thus far has generated 750,000 jobs. But in addition to the nearly 7 million jobs lost, the national economy has failed to add the 127,000 jobs per month needed to keep up with population growth. "The real employment hole is 9.1 million jobs," says Shierholz. "The stimulus bill is great, but it will only generate 3 to 4 million jobs. Now that we can see how dramatically things have deteriorated...
...billion stimulus bill helping unemployment? It was never designed to be a jobs program. Instead it is an ambitious policy prescription to restart - and redirect - the economy in new directions over the next three years. Stimulus spending is not a fast-infusion jobs program, nor is it always targeted toward the hardest-hit states. For example, stimulus road-building largely bypasses large metropolitan regions where antiquated infrastructure snarls traffic to focus on rural areas and smaller states...
Shierholz says policymakers should begin thinking about a second stimulus package focused on a jobs program. "If we passed a $200 billion jobs bill, that could create roughly 4 million jobs paying between $40,000 and $50,000," she says. "Four million temporary public sector jobs, for a year or two in duration, would bridge the employment gap while the economy recovers." Voting against the $787 billion measure, GOP Senator Lindsey Graham of South Carolina said, "There are so many things in the package completely unrelated to creating a job in the next 18 months." Only 11% of stimulus money...
...friendship brigades to Cuba and North Korea. By fabricating my identity - I grew a mustache, changed my hair and clothes, adopted a foreign accent and got a second passport from a small, inoffensive European country - one of these groups let me in. I got my visa. (See pictures of Bill Clinton's North Korea rescue mission...
...they most want to ask them, and we can't communicate when we most want to do so," says Kan Suzuki, a DPJ member of the upper house who, off campaigning season, has a weekly Internet program. "The law should be changed." The opposition has tried to fight the bill unsuccessfully four times, and the DPJ has included the law's revision in its latest party manifesto...