"The Get America Working! approach would work, in effect, by correcting a major price distortion. The current U.S. Internal Revenue Code taxes employment far more heavily than it does the use of natural resources. This distortion has grown progressively worse as payroll taxes have grown. Revising this distortion would increase employment, equity and overall economic vigor importantly. And it would do so by responding to market price signals, not through clumsy and expensive government interventions."
Obama calls for White House summit on job creation
Date:
Fri, 11/13/2009
Source:
Washington Post
President Obama plans to hold a White House forum on job creation next month, an attempt to signal his concern about the growing ranks of the unemployed and build consensus on future action to stoke the economy.The summit will bring together small-business owners, corporate executives, economists, financial experts and union leaders to discuss ideas for accelerating job creation during the worst labor market conditions in a generation, Obama said Thursday.
Note: Get America Working! will participate in the President's Job Summit.
