The President thinks jobs come from new laws:

"If you want construction workers on the worksite, pass this bill. If you want teachers in the classroom, pass this bill. You want small business owners to hire new people, pass this bill. If you want veterans to get their fair share of opportunity that they helped create, pass this bill. If you want a tax break, pass this bill."... continue reading »

In his column today, Ezra Klein sums up Keynesian economics by saying that Keynes "taught us that although markets are usually self-correcting, they occasionally enter destructive feedback loops....In that situation, the role of the government is to break the cycle. Because businesses and consumers have stopped spending, the government breaks the cycle by spending."... continue reading »