Stimulating New Jobs: Where's the Leadership?

New York Times columnist Frank Rich got it exactly right when he stated:

"As the nation’s anger rose last week, the president took responsibility for what’s happening on his watch — more than he needed to, given the disaster he inherited. But in the credit mess, action must match words. To fall short would be to deliver us into the catastrophic hands of a Republican opposition whose only known economic program is to reject job-creating stimulus spending and root for Obama and, by extension, the country to fail. With all due deference to Ponzi schemers from Madoff to A.I.G., this would be the biggest outrage of them all."

Anger did rise, and it's still boiling up. There should be more job-creating stimulus spending now and more focus on the "real" people in the American economy: workers, mid-level and low-level managers, small-business owners and entrepreneurs starting new companies.

Yes, the appalling problems in the upper levels of the American economy must be fixed. At the same time, it is vital to deal with the difficulties, challenges and economic emergencies now facing people below the rank of "Master of the Universe." Specifically, emergency focus now should be given to Main Street and rural America, as well.

Where are the Congressional and White House leaders who can cut through the bailout noise and be stronger--and louder--advocates for the millions of Americans struggling in the heartland? These layoff victims need jobs now and can't find any, and thousands of small businesses who could hire them are unable to get crucial loans.

"Congress and the White House Team Up to Tackle Middle America's Deepening Crisis" -- that should (but won't) be tomorrow's big headline.


-- Si Dunn