Blah-Blah doesn’t know how to fix the economy because he doesn’t know why jobs are created.
Jobs are created where an industry or business can produce produce that is of greater value than the costs of the inputs: labor and materials AND the product produced cand be priced and sold in the market.
This means the product needs an advantage in quality or price, preferably both.
Regulations and Taxes represent a penalty and in these united States the penalty has driven the production of wealth out of the country. We are but a fool, un-employed and living on a credit card.
As far as the economy of a country is concerned, increasing its wealth provides more opportunities, more jobs and higher standards of living. It seems elementary, then, that a nation's economic policy should revolve around encouraging production, not consumption. Of course, it is more advantageous for politicians to encourage consumption and punish production to win elections. Hence, we get things like the extension of unemployment benefits which encourage consumption without any corresponding increase in production. If my original thesis is correct, then this will axiomatically decrease the overall wealth of the economy. Every liberal economic punishes production and rewards non-productive (and consumption-oriented) behavior. Barring being struck by lightning while traveling on the road to Damascus, Barack Obama is incapable of taking the steps necessary to insure long term health for the U.S. economy.