President Obama is very focused on providing aid to new businesses in America. His administration sees it as the way to create new jobs. The U.S. Chamber of Commerce sees it differently. They argue that increased trade is the most basic way out of high unemployment.
Creating jobs is already difficult to do. But when the country’s leading business organization disagrees with the current administration it clearly highlights one fact: Planning is hard when research is conflicting.
Ambitions run high for the administration & the chamber of commerce. They have a common goal: Double U.S. exports within 5 years to promote job growth. Critics of the president claim he is all talk & not action but truly it’s because lawmakers have been occupied with health care reform, financial regulatory reform & the oil spill.
According the Chamber of Commerce, the United States needs to create 20 million jobs during the next decade if it wants to replace jobs lost during the recent recession and provide employment for a growing population.
This may seem like a many jobs but it’s 220,000 jobs a year or 18,500 jobs a month for the next 25 years.
Now you know both sides of the solution, what do you think?
How would you suggest to create jobs?