Thursday, June 09, 2011

How to get job creation started

I watched Fareed Zakaria tonight being interviewed by John King on CNN. The topic was job creation.


My summary of Zakaria's points were: the Republicans are saying no to any government programs that might help, and President Obama for some inexplicable reason isn't prepared to propose the kind of bold initiatives required to get the unemployed millions back to work.

Mr. Zakaria: I agree. I'll give you some bold proposals to get job creation.

• Approve every outstanding offshore drilling permit, as long as rigs are in place or under construction within the next 180 days. That drilling is exempt from any EPA laws or rulemaking.

• Notify the Nuclear Regulatory Commission that any plan submitted must be reviewed and approved or disapproved with specific guidance on requirements to be approved within 90 days of submission. Notify all utilities, investment groups etc. that any new nuclear plant that is capitalized and breaks ground in calendar 2011 is exempt from all environmental impact statements and the Environmental Protection Act.

• Similarly, any state, private company, existing railroad, or public-private partnership that wants to develop a high-speed railroad, is exempt from environmental impact statements and the EPA.

Now, I don't think there is a snowball's chance in hell that any of this will happen, but you gotta' dream....

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