Why isn’t Obama demanding corporate welfare cuts? $2.6 trillion without touching Safety Net!

[KoKo]

22. The jobs went to cheaper countries...they've been gone for awhile and austerity

is the result of bad policies and loopholes advocated by politicians that allowed corporations who pay no or little taxes by offshoring and clever accounting to take the jobs out of here without any compensation or feelings of obligation to the workers.

How do you think the economy can recover when jobs have been offshored? People can't make money on savings and the rest lost money by low interest rates and Wall Street crookery in the Housing Boom that was perpetuated by Greenspan's low interest rate polcies and deregulation which allowed companies to allow folks to buy homes who could not afford them. The regulations for downpayments and credit checks were thrown out the window in the late 1990s. Then the banks started selling these loans and betting on the loans that they would fail..and the while thing imploded.

Where are the jobs going to come from? We need to spend on our Infrastructure to get some job growth in construction, engineering, architechture, etc. Austerity will not accomplish that.