Oh and the Tax revenue issue. The tax code needs to be revised and revenue needs to be increased on the wealthiest Americans and corporations. Those who argue tax increases on this group will slow hiring are full of shit... I was really pissed that Obama fought so hard to do this and then this week came out with Tax credits for companies who are hiring military vets (not that there is anything wrong with hiring vets).
In my opinion this is Obama's way of putting a stimulus into the economy to create jobs. Given that the Republicans are against raising taxes, the only way to raise revenues now is to increase the number of jobs. Two ways to do that:
1. ask the private sector "pretty please, can the unemployed has jobs?"
2. give the private sector some incentives to hire (which of course costs money).
He's going for option 2. However, I doubt Republicans will buy into it, which means we're stuck with option 1 and we're fucked.