asterism
Congress != Progress
Balancing the budget, which would require eliminating millions of jobs, is going to help create new jobs how, exactly?
Can you entertain us with an explanation of that one?
You really don't have a grasp of economics, do you? Every dollar that gets spent on the Public Sector has to come from dollars generated by the Private Sector. Every time you take capital out of the Private Sector to subsidize government you're taking the capital with which real jobs are created, out of the hands of the only people who can create them. A balanced budget would force the Public Sector to live within it's means and keep capital in the Private Sector where it would work to grow the economy.
The private sector is not short of capital. Deficit spending doesn't take money out of the private sector unless the private sector is willing to loan it. We are borrowing money all around the world to finance the 40% of our government that revenues don't pay for.
Cut 40% of our current government and you will have to lay off millions, permanently. Stop pretending that is a jobs plan.
That is not a jobs plan that is fiscal austerity plan. Fiscal austerity kills jobs it doesn't create them. You don't get to eat more when you go on a diet.
Local and state governments have been shrinking for 3 years. That accounts for a huge percentage of the jobs LOSSES. Those governments are doing what you want the federal government to do...
...the result will be the same.
Stop pretending that balancing the budget will create jobs.
The private sector is willing to loan it but the FDIC stress tests are preventing it. Small business leads recoveries and federal bureaucrats are blocking loans to small business.