Sunday, May 02, 2010

Economics: The issue is jobs


Keeping the focus on jobs
In a week that saw growing concern over the federal deficit, EPI stressed that the country's first priority must be job creation.
Deficit reduction begins with getting people back to work
"The large deficits of the last couple of years are largely a result of the recession, which has dramatically reduced tax receipts and increased the need for many government services," EPI President Lawrence Mishel said in a statement on April 27, issued ahead of the first meeting of President Obama's National Commission on Fiscal Responsibility and Reform.
"The first step toward reducing the deficit, therefore, is getting Americans back to work. It is shameful to permit concerns about the deficit to stop much-needed investments in job creation at a time when so many Americans want and need a job."
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