Here we go loopty loop. Here we go...

We are like a dog chasing its tail. Running in circles never to catch up. Just like riding on a never ending Merry-go-round and not able to get off. That’s what our downward spiraling economy is doing to we Americans.

Here we go loopty-loop. Here are the basics; We have an economy not willing to buy or spend it’s available cash. This includes small businesses as well as many consumers. Just keeping its cash in the bank. Sitting on it.

Then you have large corporations with plenty of on-hand cash but not willing to hire or build more inventory. Mainly because very few consumers are buying. Actually many consumers are putting what little cash they have in to low-yield CD accounts. Not wanting to take the risk and not trusting banks or Wall Street. Again, sitting on it.

To break this loopy round and round cycle the Obama administration is proposing putting Americans back to work on government projects. Mostly construction jobs which would benefit the states and counties. Jobs which would be first offered to those having been on unemployment or out of work. Out of work for at least six month or more.

So if modest wages are paid to folks who are over due on needing more food on the table, car repairs, dental work, roof repair, and more, money will quickly enter the local economy. These cash strapped people will not be saving their wages but speedily spending. Injecting cash into the cash starved economy. a shot in the arm. Reviving the local economy See how that works. Fast and painless.

All the while conservatives insist tax cuts instead of tax reform is the answer. But, for the thousandth time, tax cutting does not create jobs as documented by the GAO report. Hiring low wage earners does. Any junior high school economist can verify this fact. Just give him or her a twenty dollar bill and Varooooommm! Off goes that currency straight into the Walmart economy. See. See how that works. It can work. It will work. Let’s do it!