How do more jobs for the jobless help reduce deficit?
In Obama's plan to help reduce deficit of the government, he stated that he brought up the American Jobs Act, where there will be more jobs for the needy. How does this reduce deficit? Also, as an extension, what other things did Obama say in his plan that he was going to do to reduce deficit?
Asked By: - 1/15/2012
Best Answer - Chosen by Asker
We are paying many of these people unemployment compensation, food stamps, and other forms of aid. The idea is to get them off the government dole and working, so that they are paying into the system and not taking out of it.
Answered By: wdx2bb - 1/15/2012
Additional Answers (1)
The only thing Obama's Job Plan would have done is add billions to the debt. Just like the first failed stimulus package, this one would have been another failed bill.
Answered By: nick - 1/15/2012
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Earn $95/hr Bookkeeping Right From Home. Free Video Explains All!
Click. Search. Apply. Free!
Jobs hiring now near your local area. Find a job and apply now.
Other Career Questions
What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
Hi ok im 19 and about to start college to do an acess course into a university. Ive been browsing through all the courses and im tottaly stuck! I thought politics but im scared ill end up with some r...
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.