The plan has already run up against a wall of opposition in a Republican-run Congress that is more interested in defeating any Obama proposal than in governing and looking out for the overall good of the country. The President\u2019s plan is not as bold as many would wish it to be. And other surveys indicate that Americans don\u2019t believe that the plan will make much of a difference. The Bloomberg Report goes on to cite several conflicting estimates of the program\u2019s potential effects. And, of course, we should never forget the old adage about economists that says, \u201cIf you laid all of the world\u2019s economists end to end\u2026 they\u2019d never reach a conclusion.\u201d<\/p>\n

But at least one of the economists commenting on the plan in the Bloomberg Report notes that doing nothing is not a good option, either. And we have yet to see a jobs plan from Republicans in Congress or from those running for the presidential nomination\u2014other than cutting taxes for the wealthiest among us and waiting for jobs to magically trickle down from the bounty the top 1 percent receives.\u00a0 Plus, it stands to reason that if Americans see that nothing is even being attempted, we’ll feel even more pessimistic about the future–a mindset that creates its own negative momentum. So, it\u2019s essential to think about where the country might go without a specific jobs plan such as the one proposed by President Obama.<\/p>\n

\u201cThe [Obama] program very well could forestall a recession in early 2012,\u201d said Scott Brown, of Raymond James & Associates. \u201cThe important thing to consider is, what happens if we don\u2019t do anything?\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cPresident Barack Obama\u2019s $447 billion jobs plan would help avoid a return to recession by maintaining growth and pushing down the unemployment rate next<\/p>\n","protected":false},"author":3,"featured_media":12147,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1136,29,994,93,45,128,10],"tags":[698,1283],"yoast_head":"\n