Many Ideas for Job Creation, but Little Action
Trade deals, patent reform could help the economy, if only politicians would pass them
"Jobs" is the word on everybody's lips in the nation's capital. But there isn't much work going on when it comes to politicians and jobs.
Recently, the AFL-CIO has had its
Below are four ways to spark job growth -- and the stumbling blocks that could delay or even prevent their implementation.
Take the Cap Off of Trade
Bilateral trade agreements with
Potential setbacks: Ratification of the trade agreements has bipartisan support, but one major roadblock has been the Obama administration's insistence that Trade Adjustment Assistance be included in the bill. TAA provides job training and benefits to workers adversely affected by imports or overseas labor competition, helping them to find new work. The program was established in 1962 and was expanded by
Accelerate the Patent Process
After June's abysmal unemployment report, President Obama included patent reform among the measures that
Potential setbacks: The
Amp Up the Infrastructure
In addition to patent reform, President Obama has advocated infrastructure spending as a way to help put out-of-work laborers back into jobs. Among the industries that would see the biggest boosts from infrastructure projects, like road- and rail-building, would be construction, which has over two million fewer workers now than prior to the recession.
Potential setbacks: In a divided
Invest in U.S. Energy
Given his way, says Shulman, "I would have a much more pro-energy development policy," with one immediate move involving building the proposed Keystone XL pipeline extension. The current Keystone pipeline runs from
Potential setbacks: The pipeline is yet another example of balancing job needs against environmental imperatives. The project is currently in limbo as the
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