18 Million Jobs by 2012

The liberal magazine The Nation has come out with a policy prescription that, they claim, would lead to the creation of 18 million jobs by 2012.

The article, written by Robert Pollin, notes, "This can be done by combining two broad types of initiatives: measures to buttress the economy's floor and thereby prevent another 2008-type collapse, and measures to inject job-generating investments into the economy. If such initiatives are successful, the official unemployment rate will stand at around 4 percent when Obama runs for re-election in November 2012."

The article argues that 200 billion dollars is needed right now to create more jobs.

Here is a video from The Nation on their analysis:



The focus of this video is on the creation of green jobs. Here is one of Pollin's publications on the viability of green jobs.

Here is the full report from The Nation: 18 Million Jobs by 2012

We will be sure to analyze this huge report in a little bit more detail in upcoming posts/analysis.